08-21-2006, 08:59 AM
Article in Today's Wall Street Journal, subscription required or you can read it on the eBay message boards
subscribers: http://online.wsj.com/article/SB11561234..._investing
non subscribers (post 3): http://forums.ebay.com/db2/thread.jspa?t...2000203806&tstart=0
Quote:Despite a recent swoon in eBay Inc.'s share price, Wall Street seems willing to give Chief Executive Meg Whitman the benefit of the doubt. EBay's merchants beg to differ.
Some of those who sell merchandise through the Internet auctioneer's Web site recently have called for drastic action and management change at the San Jose, Calif., company. They are particularly upset at the deterioration in the company's flagship auction site, where they say they are seeing fewer transactions and declining sale prices.
"EBay's core [auction] performance is suffering tremendously," says Steve Grossberg, a longtime videogame seller on eBay. He says he now lists an item four times on average in order to sell it, up from two listings two years ago. Adds Andy Mowery, an eBay seller of home and garden gear: "It is time for new leadership at eBay."...
subscribers: http://online.wsj.com/article/SB11561234..._investing
non subscribers (post 3): http://forums.ebay.com/db2/thread.jspa?t...2000203806&tstart=0