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Technology Stocks : eBay - Superb Internet Business Model
EBAY 81.68-1.4%Nov 4 3:59 PM EST

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To: JakeStraw who wrote (7627)10/6/2008 12:29:16 PM
From: Doren   of 7772
 
"Together, PayPal and Bill Me Later will make online payments safer, easier and more convenient than ever.”

One reason I buy on Amazon or half.com (owned and destroyed by ebay) is that payments are so easy. Credit cards. What's so hard about that? Auctions suck. I rarely participate.

Paypal is not horrible but they charge too much. Paypal is a good reason ebay is tanking.

It looks like Donahoe and eBay's whole strategy is to squeeze existing customers rather than innovate.

It's not going to work. Sooner or later viable alternatives will emerge. Amazon is continually innovating and taking away business from eBay.

Ebay can push only so far. The ONLY thing they have going for them is they were first. If I were a stockholder I wouldn't be. This company is doomed.
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