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Sep27
Shares of eBay up on Microsoft Rumor

This would be interesting. Microsoft hasn't done anything cutting edge since Windows 95 and eBay is completely out of touch with it's sellers. Sounds like a match made in heaven.

Shares of eBay Inc. were up more than 5% yesterday amid market speculation that part or all of the e-commerce leader would be bought, or that the company was doing some buying of its own. Seven Summits Strategic Investments in a brief note yesterday attributed the share rise to a Wall Street rumour Microsoft Corp., with a market value of around US$266-billion, wants to buy eBay, which is valued at about US$37-billion. Microsoft was not immediately available for comment and eBay spokesman Hani Durzy told Reuters his company does not comment on rumours and speculation.

Market speculates Microsoft may make a bid for eBay

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