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#31
01-23-2005, 08:02 PM
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Re: Future Demise of Ebay
[ QUOTE ]
[ QUOTE ] Most of these losers hope to win 30 bucks a day to cover their apartment and gas. Myself I make that ever 30 seconds a day. [/ QUOTE ] That comes pretty close to 3,153,600 per year. Pardon us while we bow to your superior intellect and earning ability. [/ QUOTE ] You're off by a factor of 10. ipodkid is really rich. 
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#34
01-24-2005, 10:20 AM
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Re: Future Demise of Ebay
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Wouldnt say rich but last year our business generated total sales over 62 million in gross. [/ QUOTE ] You realize gross revenues mean nothing? Lotta Internet companies lose money on every sale and try to make it up on volume. [img]/images/graemlins/grin.gif[/img]
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#35
01-24-2005, 10:37 AM
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Re: Future Demise of Ebay
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Most of these losers hope to win 30 bucks a day to cover their apartment and gas. Myself I make that ever 30 seconds a day. [/ QUOTE ] That comes pretty close to 3,153,600 per year. Pardon us while we bow to your superior intellect and earning ability. [/ QUOTE ] You're off by a factor of 10. ipodkid is really rich. [/ QUOTE ] There are a lot of really rich people who aren't total douchebags.
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#36
01-24-2005, 11:00 AM
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Re: Future Demise of Ebay
[ QUOTE ]
There are a lot of really rich people who aren't total douchebags. [/ QUOTE ] And vice versa.
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#37
01-24-2005, 11:04 AM
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Re: Future Demise of Ebay
[ QUOTE ]
we actually represent over 3% of thier quarterly profits. 3% of billions is lots of cash guys. And if you were a seller of the magnitude we are *1000s of items a week you would see the need for support directly. [/ QUOTE ] Gee. A whole 3% of their profits? Sound to me that they'll easily replace your revenue with the new rate increases.
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#38
01-24-2005, 11:20 AM
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Re: Future Demise of Ebay
[ QUOTE ]
we actually represent over 3% of thier quarterly profits. 3% of billions is lots of cash guys. And if you were a seller of the magnitude we are *1000s of items a week you would see the need for support directly. [/ QUOTE ] A few of things. How long can you hold out w/o Ebay? How long can the other sellers? Are you really willing to walk for good? What if your new site doesn't attract the buyers? Is everyone on board? 3% of their profits is actually quite a bit, but it would hardly mean Ebay's demise. Still, a 3% drop in profits would crush their stock. This whole thing reminds me of union negotiations. Who can hold out longer, you or Ebay? Interesting...
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#39
01-24-2005, 11:32 AM
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Re: Future Demise of Ebay
[ QUOTE ]
Who can hold out longer, you or Ebay? Interesting... [/ QUOTE ] Ebay.
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#40
01-24-2005, 11:40 AM
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Re: Future Demise of Ebay
[ QUOTE ]
[ QUOTE ] Who can hold out longer, you or Ebay? Interesting... [/ QUOTE ] Ebay. [/ QUOTE ] Financially absolutely. The point is do they want to? If (and I'm saying I believe this will happen) 3% of earnings really disappears, the stock gets crushed. They'd get a lot of pressure from investors, not to mention management's own stock is worth less. That's the real pressure.
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