E-Commerce Times Talkback

Re: EBay Repeats Long-Range Targets, But Investors Edgy About 2002
Posted by: Nora Macaluso 2001-10-30 17:54:17

See Full Story

Auction powerhouse EBay on Monday repeated its goal, set one year ago, of reaching
US$3 billion in revenue by 2005, saying growth in all its businesses remains strong.
However, the company disappointed some analysts and investors by predicting that 2002
revenue will total $1.05 billion to $1.1 billion. That figure would result in pro
forma earnings (excluding a range of charges) of 70 to 73 cents per share, which would
be at or below average estimates as reported by First Call/Thomson Financial.

Re: EBay Repeats Long-Range Targets, But Investors Edgy About 2002
Posted by: frank 2001-11-19 04:48:39 In reply to: Nora Macaluso

At 115 p/e would someone explain how one can justify this multiple?

Re: EBay Repeats Long-Range Targets, But Investors Edgy About 2002
Posted by: cmckinnon 2001-11-18 11:38:59 In reply to: Nora Macaluso

I see no mention of debt, which makes the whole story just that: A story.
What does pro forma mean, broke or what? A very misleading article.

Re: EBay Repeats Long-Range Targets, But Investors Edgy About 2002
Posted by: Mahmoud 2001-10-31 19:55:05 In reply to: Nora Macaluso

As a confirmed E-Bay junkie, I have nothing but great admiration and best wishes for this venerable E-commerce Website. Now, if E-Bay would just contact me and let us consult for them as Usability Engineers, in 40 hours we could turn what is now a class 5 website into a class 10 site! Yes, if the current website (much improved over the years) was easier to use for its customers, especially older neophytes (you know, the ones with attics FULL of goodies), E-Bay could easily meet and exceed their revenue targets for this year and well into 2004. It's not about "rocket science" - just about usability performance engineering. Slapping a gazillion channel partnerships (a la AOL) on the site is not going to change the efficiency with which customers are able to transact with each other - which, after all, is the heart and soul of E-Bay.