02-13-2007, 08:00 AM
[quote author=BellisimaJ. link=topic=7147.msg43504#msg43504 date=1171285600]
Yes, it is. And each time eBay makes another large blunder, I am astonished that the investors allow current management to continue in their positions. I must be naive. :
[/quote]
I think it is all about the short term numbers - if eBay can make those numbers look good nobody looks behind the curtain. And eBay is still riding the overall expansion of the internet, so the numbers do look good.
For the time being, it seems that regardless of the incompetency at the top, eBay will continue to make money. And that is all Wall Street cares about.
Yes, it is. And each time eBay makes another large blunder, I am astonished that the investors allow current management to continue in their positions. I must be naive. :
[/quote]I think it is all about the short term numbers - if eBay can make those numbers look good nobody looks behind the curtain. And eBay is still riding the overall expansion of the internet, so the numbers do look good.
For the time being, it seems that regardless of the incompetency at the top, eBay will continue to make money. And that is all Wall Street cares about.