
..stock analysts see a price increase as bad news.
Piper Jaffray analyst Safa Rashtchy suggests that a shortfall in listings will result in 2008 eBay revenues falling well short of Wall Street's consensus projection.
Piper Jaffray projected eBay's 2008 listings at 693 Million, but Rashtchy believes that the number will be 8 to 11% less, or roughly 580 Million listings.
"Recent price increases are likely to be passed on to buyers, further depressing buyer activity," Rashtchy wrote in his report.
Another analyst, Merrill Lynch's Justin Post, mentioned that eBay's core listings are off to a slow start in 2008.






Buyers? I have plenty of them! I've sold 100% of my listings over the last 3 weeks and this is looking like week 4. The recent price increase is only .05 cents on ads over .99 and under 9.99 and the .25 FVF increase, no big deal. Ebay Works & Works Well.
Posted by: Ebay Pays My Bills | January 10, 2007 10:34 AM | Permalink to Comment