Posted By:
scott brockelmanafter the anouncement ebay stock fell several dollars, obviously investor and analysts feel the same way as pay pal users. they did not think this was a good move on ebay's part. in the present economy, 1.5 billion in cash on the ledger sheet would have a far more positive impact on investor confidence than an acquistion of a questionable company. i wish they would sustain acquistions and develop the core company. but what do i know about it, i'm on the outside looking in.
oh, by the way i own ebay stock, makes me even more cynical.
scott