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Original Post
Despite falling numbers?
Are you guys serious? The ONLY reason ebay is strong still is because of it's past investments. $8 billion in cash can keep many companies afloat for quite a while. Spin can work for a while too. And, ebay has a lot of both.
What can I offer as proof? That in Feb 2008 a week long boycott was called for, and listings dropped from nearly 20 million to 12 million, despite ebay's efforts to entice many more listings with special listings days that would continue through the boycott?
The May 1st and Beyond Boycott campaign which is still ongoing?
During this time ebay has seen a dwindling of sales, and traffic (although traffic is not indicative of sales).
That ebay has artificially inflated listings by somehow combining SDC (shopping dot com) items on the ebay site. EBay claims this was a glitch, and that it affected about 35,000 listings. However, evidence has pointed to the listings being actually in the millions. It was also a very convenient time to have this glitch occur. I've rarely seen glitches that are convenient or work favorably for people.
No, there is still more proof that eBay is in deep trouble. EBay stocks were at $40 in Oct 2007. Today, after hours closing has ebay at 11.86 and dropping!
While ebay and apparently Auctiva wish to pretend the news is not bleak, dropping from above $40 to under $12 in 15 months is disasterous. Especially when your competition is claiming their best Christmas EVER!
Please join the eBay boycott,
it IS working,
Tim
http://forums.delphiforums.com/boycottebay/start
http://myspace.com/boycottebay
Are you guys serious? The ONLY reason ebay is strong still is because of it's past investments. $8 billion in cash can keep many companies afloat for quite a while. Spin can work for a while too. And, ebay has a lot of both.
What can I offer as proof? That in Feb 2008 a week long boycott was called for, and listings dropped from nearly 20 million to 12 million, despite ebay's efforts to entice many more listings with special listings days that would continue through the boycott?
The May 1st and Beyond Boycott campaign which is still ongoing?
During this time ebay has seen a dwindling of sales, and traffic (although traffic is not indicative of sales).
That ebay has artificially inflated listings by somehow combining SDC (shopping dot com) items on the ebay site. EBay claims this was a glitch, and that it affected about 35,000 listings. However, evidence has pointed to the listings being actually in the millions. It was also a very convenient time to have this glitch occur. I've rarely seen glitches that are convenient or work favorably for people.
No, there is still more proof that eBay is in deep trouble. EBay stocks were at $40 in Oct 2007. Today, after hours closing has ebay at 11.86 and dropping!
While ebay and apparently Auctiva wish to pretend the news is not bleak, dropping from above $40 to under $12 in 15 months is disasterous. Especially when your competition is claiming their best Christmas EVER!
Please join the eBay boycott,
it IS working,
Tim
http://forums.delphiforums.com/boycottebay/start
http://myspace.com/boycottebay