As I have mentioned before, I am not an expert on stocks, but I know where to find stock information. Here is today's eBay update:
While the rumors about eBay China have quieted down today, a different (old) rumor has surfaced. This one claimed Microsoft Corp (NASDAQ: MSFT) could be buying eBay Inc. (NASDAQ: EBAY). I tend to agree with Brian White's take on this possible move -- he sees no synergystic benefits.
Rumors or not, the Street continued as it always does. Yesterday's 5.5% gain was attributed mostly to Goldman Sachs analyst Anthony Noto. He said yesterday that he believed the second quarter revenue growth and listings had likely been a bottom and that he expects growth to stabilize or even accelerate by the end of the year.
eBay after the bell 9-27-06: Giving back some gains - Blogging Stocks
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