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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: James Thai who wrote (40566)2/17/1999 9:39:00 AM
From: H James Morris  Respond to of 164684
 
Yep, your right.
>>
San Jose, California, Feb. 17 (Bloomberg) -- EBay Inc., an online auction company, rose as much as 9.6 percent on a report that the company is talking with No. 1 Internet service America Online Inc. about developing a closer business relationship.

EBay shares rose 16 7/8 to 248 in early trading before the open of New York markets. They rose as high as 253 1/4. AOL could acquire a minority stake in the San Jose, California-based company, the Wall Street Journal reported. Officials at AOL and eBay weren't immediately available for comment.

EBay, one of the few profitable companies doing business on the Internet, already advertises its service to America Online's more than 16 million subscribers. America Online is interested in jointly developing content, the paper said.

EBay had more than 2.1 million registered users at the end of 1998, and hosted about 13.6 million auctions during the fourth quarter. It makes money by charging listing fees and taking a portion of each sale.

America Online shares rose 1 to 159 1/2 on Tuesday.

08:55:12 02/17/1999

For more stories from Bloomberg News, click here.

(C) Copyright 1999 Bloomberg L.P. <<