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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (14621)10/31/2002 3:33:06 PM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
eBay (EBAY) 63.37 +0.86: Company, coined "the only truly new business model to be created on the internet" in recent Stock Brief, pleased investors with last night's reaffirmation of Q402 guidance of $0.22-0.23 vs. Multex consensus of $0.23 delivered at company's annual analyst meeting, where upbeat presentations highlighted strong growth experienced over past several years and enormous opportunities that lie ahead. Prudential believes shares offer significant upside potential; reiterates Buy rating and price target of $77. Salomon Smith Barney continues to think EBAY is interesting, consistent, reliable, and increasingly profitable; finds new hints of upside in business/industrial market, PayPal, and core margins. Shares are 1.4% up on optimistic outlook and analyst commentary.