eBay's 10 K Report filed with SEC on March 8

Question
Report here.
I've only read bits and pieces but the web page is nicely set out to allow quick access to sections of the report which may be of particular interest.

Answer
An excerpt:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Our business is adversely affected by anything that causes our users to spend less time on their computers, including seasonal factors and national events.
Anything that diverts our users from their customary level of usage of our websites could adversely affect our business. We would therefore be adversely affected by geopolitical events such as war, the threat of war, or terrorist activity. Similarly, our results of operations historically have been seasonal because many of our users reduce their activities on our websites with the onset of good weather during the summer months, and on and around national holidays. We have historically experienced our strongest quarters of online growth in our first and fourth fiscal quarters. PayPal has shown similar seasonality, except that its strongest quarter of online growth has historically been the fourth fiscal quarter. We expect these patterns of seasonality to become more pronounced as our websites gain acceptance by a broader base of mainstream users and as the size of our European operations, which experience greater seasonality, grows relative to our other operations.<HR></BLOCKQUOTE>

Answer
Nothing like stating the obvious that every seller knows.
What they should have stated is something like: "With our incresingly slow and cumbersome operation, and increased page views needed to conduct the simplest business, we are forced to find new buyers and sellers who will endure our slothful site in order to conduct business.
The enormous amount of fraud that we pretend to investigate and prevent turns off a good percentage of customers every year. These former buyers and sellers also need to be replaced.
To that end we have embarked on expanding our international operations so that we may find and abuse new internet users.
In the USA we have taken to massive paid advertising on mainstream television to replace the former buyers. Until we run through all the potential customers, our future is rosy."
Larry

Answer
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> What they should have stated is something like: "With our incresingly slow and cumbersome operation, and increased page views needed to conduct the simplest business, we are forced to find new buyers and sellers who will endure our slothful site in order to conduct business. <HR></BLOCKQUOTE>
You forgot, extensive abuse of categories... http://community.here.com/infopop/em...icon_smile.gif
From Whimsey's Post on another thread...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> My office is in our detached cottage. Today it's 75 here. After weeks of rain, this is bliss. The birds are singing at full tilt, a light breeze is blowing, my dog is splayed out in a puddle of sunshine, and baby is napping.
I've got the french doors to the cottage wide open. Taking photos on the deck. Gave my staff the day off to hit the beach. Baby and I are waiting to hit the beach until this weekend so hubby can join us.
Oh, and I finally got wireless set up. So me and my laptop are in a puddle of sunshine too.
Yippee!!! Spring has sprung!!! <HR></BLOCKQUOTE>
Hell, she's still listing...what's ebay complaining about? http://community.here.com/infopop/em...icon_smile.gif
© 2007 www.aqcollection.com | Contact us |