AmTech Sees Slower Core Listings Growth at eBay (EBAY)
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American Technology Research is out with a research report this morning updating its Q2 core listing growth estimates on eBay (Nasdaq: EBAY). The firm maintains a Neutral rating and $35 price target on eBay.
Ten weeks into Q2, AmTech sees total listings up 26% year-over-year, about 1% lower than what the firm saw in its last report on eBay on May 21. This level of growth implies total Q2 listings of 706 million, again, slightly lower than its previous estimate for listings of 710 million for the quarter.
Breaking down eBay's listings by region, AmTech sees listings growth in Asia/Pacific down from 27% to 24%, in Europe the same at 35%, and in North America down from 20% to 18%.
AmTech said that it continues "to believe that 1. acceleration in Y/Y gross merchandise volume and 2. acceleration in Active User growth are prerequisites to material multiple expansion from current levels."
eBay, Inc. and its subsidiaries provide online marketplaces for the sale of goods and services, online payments services, and online communications offerings to individuals and businesses in the United States and internationally.
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Ebay Is Fading
They used to have a great thing going. But the usual greed associated with success is steadily chasing away good sellers.. Beth Axelrod & crew should be drawn and quartered for their leech-like business practices. It is beyond me how a company enjoying such past success can repeatedly shoot itself in the foot. like this. Oh well, let them rot... They certainly deserve a slow death at this point.
EBAY STOCKHOLDERS BEWARE!!!
onedollartommy's ABRUPT END OF AUCTIONS
RAMPANT EBAY FRAUD & STOCK MANIPULATION!!!
Feedback Profile onedollartommy ( 65305 ) Member is a PowerSeller Positive Feedback (last 12 months): 99% Member since: Dec-17-02 in GA. United States 151,841 Feedback received COMPARED TO 112,866 Feedback left W/FEEDBACK SCORE MERELY JOKINGLY 65305!
RAMPANT EBAY FRAUD & STOCK MANIPULATION!!
Feedback Profile onedollartommy ( 65305 ) Member is a PowerSeller Positive Feedback (last 12 months): 99% Member since: Dec-17-02 in GA. United States 151,841 Feedback received COMPARED TO 112,866 Feedback left W/FEEDBACK SCORE MERELY JOKINGLY 65305!
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Ebays Future
Froliky on Jun 15, 2008 10:04 PMHammer Time. What tricks and gimicks are next? Is there a rabbit in eBays hat? Is this a marketing or business arrangement experiment, or is this a very disturbing and sinister version of company value manipulation? Is there going to be yet another secretary document shredding investigation? It may appear suspicious that eBay would form a business arrangement with Buy.com at the same time as the implementation of the controversial reputation and revenue damaging feedback policies. Whether or not management is "padding the numbers", (with questionable Buy listings), in a veiled attempt to keep up appearances, allowing time for new empowered buyers to gather is debatable. Whether or not there is a solid case against eBay for the Better Business Bureau, the FTC, the SEC, the Attorney General or a class action lawsuit, or even a criminal prosecution is a matter to be very seriously pondered. Whether or not John Donohoe will ever face justice, whether or not these policies constitute a criminal act, whether anyone is liable for irreparable harm is yet to be determined. Seemingly beyond an attempt to "cook the books", these combined policy decisions may appear to be the opposite of a "pump and dump" investment scheme, - a "bear attack"- (an attempt to drive down the value of company stock,) and bears close scrutiny. If this is not a clumsily masterminded conspiracy, or misleading and deceptive practices, or some attempt to monopolize certain category sales for under the table profit, then what is it? Is leadership on the line with an attempt to defraud investors while the company poses to repurchase an announced 1.9 billion dollars worth of company stock, and is this going to become headline news? If there comes an announcement at the Live! convention of the cancellation of the questionable Buy.com agreement, if there is a sudden rollback of the feedback policies all this will just be coincidence and management comes out smelling like a rose, right? Wrong. When the gavel drops, company reputation, member trust and potential revenue have been wasted. The rising global flood of competition grows, steadily eroding this pathetic sand castle. Obviously at the very least, these decisions will be the focus of investigation and study by students of economics and law, by business law specialists and by media now and for many years to come. Until proper member safeguards are adopted, from the perspective of countless users, eBay company reputation is no better than that of their worst member. google this to find it: froliky