SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (10806)11/10/1998 2:52:00 PM
From: Joseph G.  Read Replies (1) of 86076
 
<<EW YORK, Nov 10 (Reuters) - eBay Inc. (Nasdaq:EBAY - news) shares were up 31-7/16 at 134-7/16 after Goldman Sachs said Tuesday it
raised the company's price target to $150 from $90.

Goldman said in a release, the stock reached its price target earlier than expected.

The release said eBay blends the best of the visibility and high margins of Yahoo Inc.'s (Nasdaq:YHOO - news) advertising model with the revenue momentum of Amazon.com Inc.'s (Nasdaq:AMZN - news) commerce model.

--The company's 1999 and 2000 revenue estimates are $84.2 million and $125.7 million respectively.

The release said these were conservative figures and likely to be raised in subsequent quarters.

-- eBay shares were up 30 at 133 during Tuesday afternoon trade.>>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext