7.20.09

19:22:33

EBay: Bloody But Stabilizing? Oh Really?

Hilarious article in Forbes today comparing ebay to a medical patient.

"The recent reorganization at eBay has been likened to surgery: cutting off some extremities to return blood flow to the body. Last quarter, "surgeon in chief" John Donahoe amputated StumbleUpon and laid plans to cut free Skype via an initial public offering."


But let's just stop right there.
I won't even bother posting any links to rebutt all this or mention any of the numerous challenges ahead for ebay, skype, etc, nor the falling traffic, sell-through, the erosion of trust, the rising noi$e level...

This sort of obviously fictional, unsupported by facts reporting is to be expected, especially right before next earnings report on the 22nd of July, since we know that ebay has a spiffy new PR agency, with a ma$$ive contract. The management and investors are looking to pump up the share prices in order to dump it on the rubes. Simple as that. ebay is the laughingstock of the entire internet. Strike that, the world!

You just can't take ebay seriously anymore.
This is the way I see IT.
John Donahoe plays the lead character in this timeless classic.


http://budmalcolm.bravejournal.com/entry/33780

4 comment(s).

Posted by Major_LOL_Time:

That is as direct and as succinct as it can possibly be.
7.21.09 @ 09:02:51

Posted by Lori:

I could not help commenting on that Forbes article! I am hoping you do a little video on the "Financial Disclosures" tomorrow! I cant wait!:)
7.21.09 @ 12:28:29

Posted by Cappnonymous:

Thanks for commenting reading here & folks.
Lori, great to here that. The world needs to know more about what the real story of ebay is.

They sure seem to have the analysts fooled.
(or the analysts are all in on a big fraud IMO)

:)))
7.22.09 @ 05:14:36

Posted by GBE:

Capp that is absolutely hilarious and so true.
7.29.09 @ 15:06:49

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