Not Bullish on eBay

4/17 - "There are several things that are still going unaddressed with eBay. For starters, their customer experience is not improving to become a truly Personalized experience. Their Reviews are still not well-integrated to where the products are showcased or listed, offering a fragmented user experience, although some moves have been taken to improve the feedback process. Further, they are still dependent on Google for customer acquisition."

"Skype is doing well in terms of actual numbers and growth, although it has cost eBay dearly in terms of write-offs. I said earlier that eBay should sell this unit off because it remains non-synergistic.

Instead, they should focus on strategic acquisitions to enhance their core marketplace business – such as Mercado Libre to gain access to the growth in Latin American. eBay already owns 20% of the company."

"I’m not going to recommend the stock as a Buy until I get some clear signals from Donahoe that he is addressing the issues that I have raised above."