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Posted By: David Smith

What is happening now to eBay is what happened to the Charles Schwab Corporation in the past.

Mr. Schwab left a large brokerage firm and started his own company. He had his own ideas about doing things differently than had previously been done before. His ideas worked, the company grew and he sold it to Bank of America.

BoA drove the company into the ground by trying to do things differently and Schwab bought the tattered company back for less then he originally sold it for.

Schwab then worked to build the company back up. After he did, he turned daily control over to a group of people who then tried to turn Schwab into Merrill Lynch Light. It didn't work and the stock price plummeted. Schwab came back, fired or reassigned those people and took over daily control again.

As far as eBay goes, the people who founded the company have left and are doing other things with their time and their money. I REALLY think they should come back, clean house and right the ship before what they created is left in the dust bin.

David