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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (39251)	7/19/2001 5:13:22 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

EBay Beats Earnings Forecast EBay Q2 Profits More Than Triple, As Mammoth Internet Marketplace Beats Wall Street Earnings Forecast By BRIAN BERGSTEIN AP Business Writer SAN JOSE, Calif. (AP) -- Second-quarter profits more than tripled at eBay Inc. (NasdaqNM:EBAY - news), and the mammoth Internet marketplace said Thursday that business will be even better than expected the rest of the year. In the three-month period ending June 30, eBay earned $24.6 million, or 9 cents per share, on revenue of $180.9 million. In the year-ago quarter, the company earned $7.5 million, or 3 cents per share, on revenue of $98.2 million. Excluding one-time charges, eBay's earnings would have been 12 cents a share, above analysts' expectations of 9 cents, according to Thomson Financial/First Call. Shares of eBay fell $2.14, more than 3 percent, to close at $64.40 on the Nasdaq Stock Market before the earnings report. The stock jumped to $66.52 early in the extended trading period. ``It's clear that our business has excellent momentum,'' CEO and president Meg Whitman said in a statement. ``We're seeing sustained growth across categories, trading formats, and in our international operations.'' Counting users brought on with the acquisition of a European auction site, iBazar, eBay added more than 4.4 million users in the second quarter and now boasts more than 34.1 million, more than double the total this time last year. That surge could help increase revenue in the second half of the year to between $385 million and $400 million, which is $15 million to $30 million higher than previous forecasts. EBay also said second-half earnings per share, excluding charges, are expected to be as much as 21 or 22 cents; Wall Street was expecting 20 cents. For the first six months of 2001, eBay earned $45.7 million, 16 cents per share, on revenue of $335 million. That compares to first-half profits last year of $9.2 million, 3 cents per share, on revenue of $184 million.

To: Jim Willie CB who wrote (39251)	7/19/2001 9:59:19 PM
From: abstract	Read Replies (2) \| Respond to of 65232

After having viewed the antiquities and the old of Beijing we ventured into the new and bustling yesterday. The Trade Towers and buildings of the future. Fancy cars, exquisite shops, futuristic products, and fortunately frigid air condtioning. Siebel products are everywhere, and numerous buses carry large AMD advertisements on their sides with every headrest inside sporting an AMD logo. As much as we know about them, they know more about us. There are - get this - 76,000 taxis in Beijing (not a typo!). Gasoline is about $1.50 per gallon (took me some math) and every person knows how to say "Hehro" to which we respond Hello - if they are not trying to sell us something. But the best news for me is that since Michael Jordan, the response to "Chicago" is no longer Al Capone. Thanks for the good market action today (yesterday for me) y'all. Paul