Question
Record eBay Earnings Not Good Enough
http://www.internetnews.com/bus-news...le.php/3578411
EBay Profit Rises 36%; Shares Fall on Sales Forecast (Update4)
http://quote.bloomberg.com/apps/news...r=news_inde x
Blanche
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The company said it expects consolidated net revenues for 2006 to be in the range of $5.700 billion to $5.900 billion, with consolidated net revenues for the first quarter of 2006 in the range of $1.365 to $1.380 billion.
Although eBay's earnings and sales were at the top of analysts' estimates, the company's full-year guidance was below The Street's expectation of $1.02 EPS and $5.95 billion in sales. Shares fell 5.49 percent in after-hours trading.
I am trying to work out whether the word "obscene" or "grotesque" is more appropriate in relation to the expectations of the market........
Kevin
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I wish I were able to better understand all this financial stuff!
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Sounds like many analyst have visions of grandeur...
Cheers
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Sounds like a bunch of idiots. It cannot keep growing, there is a saturation point where it will sit.
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Sounds like a bunch of idiots. It cannot keep growing, there is a saturation point where it will sit.
And even at that point, it is still a very successful business.
Kevin
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VERY-as long as they don't screw it up
Originally Posted by Kevin_T
And even at that point, it is still a very successful business.
Kevin
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No, *in spite of* their efforts to do so......
, Kevin
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This point right here is a very successful business, but in the stock market there's always got to be more. There is no top for these companies, and the market becomes more and moer callous.
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Very true
It can't get worse, can it?
Originally Posted by Kevin_T
No, *in spite of* their efforts to do so......
, Kevin