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6 pts

Opinion on  eBay Inc (EBAY)     Sector: Services  >  Industry: Retail (Specialty)
Ebay Rocks!

Nov 28, 2007 11:51 PM UTC
Return Risk
-0.57% LOW
Associate

Ebay is benefiting from Wal Mart deep discounting.  As Wal Mart takes loses on LCD, laptops, GPS, and DVD movies they are selling below their cost, Ebay profits as these items end up listed for auction.

Nobody has the buying power of Wal Mart, so when they sell stuff below their cost, that is as cheap as anyone can get that item.

Wal Marts loss, is Ebays gain.


EBAY:  This call was made on 11/28/07 @ $33.76
Rating:   Positive   $33.76 (11/28/07)
Closed:   03/04/2008 @ $25.55 (-24.32% in 97 days)
Target:   $45.00 (+33.29%) in One month


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