Sell now and avoid the drop from this greedy, multinational monopoly that
just raised their seller fees 67%
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9066358&intsrc=hm_list
March 3, 2008 (Computerworld) Online auction company eBay Inc. warned in
its
annual re****t that it faces risks that could hurt its business operations
in
the coming year.
In its annual shareholder filing with the U.S. Securities and Exchange
Commission on Friday, eBay cited a number of risks to its business that
are
a sign of "changing customer demands."
Some of the factors that could affect its operating results include its
ability to retain active users and attract new ones, and to encourage
existing users to list items for sale, purchase items through its Web
sites
or use its payment service.
EBay said it faces such challenges in the U.S., the U.K. and Germany, its
largest markets.
In a research re****t Thursday, Mark Mahaney, an analyst at Citigroup, gave
eBay a high risk rating, in part because it faces very significant
competition from such companies as Amazon.com Inc., Google Inc., Yahoo
Inc.,
other online retailers, comparison-shopping engines and broad multichannel
retailers. In addition, Mahaney pointed to eBay's loss of business in the
U.S., the U.K. and Germany, as well as its increased operating costs and
risks related to its acquisitions, including Skype and Shopping.com.
"If the impact on the company from any of these factors proves to be
greater
than we anticipate, the stock will likely have difficulty achieving our
target price" of $31 per share, Mahaney said in his re****t.
|
