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+ This pick is a response to an analysis by James Schneider ...

8 pts

Opinion on  eBay Inc (EBAY)     Sector: Services  >  Industry: Retail (Specialty)
Bearish on EBAY ...

Feb 01, 2008 08:26 PM GMT
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Return Risk
-10.23% MID
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Ebay Shmebay! They only tag on a charge of about US$0.13 on every smelly odd slipper sold by some obsessed internet geek. Eventually consumers will realise that the costs of accessing ebay far outweigh the potential benefits, and fraud and misleading are rife. SELL.
Good Luck,
~~~~Shane Halloran.

(By the way, its P/E is twice Google's, and that's high!)


Update 03/08:

Hi, a new blog entry explains why I'm currently shorting major tech stocks (GOOG, AMZN, AAPL, EBAY): http://shanehalloran.wordpress.com/2008/03/08/whooogle/ .


EBAY:  This call was made on 02/01/08 @ $28.51
Rating:   Negative   $28.51 (02/01/08)
Gain/Loss:   +17.22% in 671 days


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Who voted on this idea?
thacap N/A 02/10/2008



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