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#2
07-09-2002, 05:57 PM
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ebay is buying paypal
Posted By: scott brockelman
after 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. 
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