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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?


To: Doug Fowler who wrote (1079)12/13/1998 5:15:00 PM
From: James Overko  Read Replies (1) | Respond to of 7772
 
eBay Suspends User for Swindling Up to $100,000, Newsweek Says
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New York, Dec. 13 (Bloomberg) -- Internet auctioneer eBay Inc., which lets people buy, sell and trade items ranging from stamp collections to cars, suspended a former vendor who allegedly swindled eBay users out of at least $30,000 and possibly as much as $100,000, Newsweek magazine reported. Sonny Stemple offered items he never delivered on eBay, which isn't offering refunds to the victims, though eBay Chief Executive Margaret Whitman is advising them to ''take it up with local law enforcement.'' EBay's software broke down on Monday and Wednesday of last week, affecting thousands of bids, thought the site has had fewer than 10 hours of unscheduled down time since April, the magazine reported.

Last month, eBay said it plans to begin regional auctions for expensive items that are hard to ship long distance, such as cars and furniture. (Newsweek 12/21 72 www.newsweek.com)



To: Doug Fowler who wrote (1079)12/14/1998 9:35:00 AM
From: mod  Read Replies (2) | Respond to of 7772
 
Is eBay planning to raise prices? See survey below. Given the free competition from Yahoo/Onsale, hard to believe they are thinking of increasing, rather then decreasing, prices. Short-term, higher prices may help revenues, but longer-term will likely drive business to Yahoo.

decisive.com



To: Doug Fowler who wrote (1079)12/18/1998 1:26:00 AM
From: Doug Fowler  Read Replies (2) | Respond to of 7772
 
eBay auction count update:

Active auctions as of December 18,,,,,,,871,225
Active auctions as of December 11,,,,1,032,073
Active auctions as of December 4,,,,,,1,125,353
Active auctions as of November 27,,,,,,,998,481
Active auctions as of November 20,,,,,,,980,435
Actuve auctions as of November 13,,,,,,942,949
Active auctions as of November 6,,,,,,,,,901,626
Active auctions as of October 30,,,,,,,,,,861,802
Active auctions as of October 23,,,,,,,,,,832,486

Active auctions as of October 9 ,,,,,,,,,,,794,279
Active auctions as of October 2 ,,,,,,,,,,,762,731
Active auctions as of September 25,,,,,,722,745
Active auctions as of September 18,,,,,,708,964
Active auctions as of September 11,,,,,,687,649
Active auctions as of September 4,,,,,,,,645,491
Active auctions as of August 28, 1998: 649,169
Active auctions as of August 21, 1998: 625,810
Active auctions as of August 14, 1998: 612,893

Growth from 13 weeks (one quarter) ago: 22.0 percent
DROP from 2 weeks ago: 22.6 percent

These numbers speak for themselves.

Anybody long on this stock after this INCREDIBLE drop in two weeks time has real kahunas.

I would be trying to hide the numbers too if I were eBay.

For those who think this is because of Christmas, Yahoo auction counts are down only 5 percent in the past two weeks.