There is small competition out there that will have better technology and not have to employ a gazillion people like Ebay does. Look at www.ioffer.com, it's a perfect example. Ebay has to keep jacking it's prices up to continue to grow profits, it's just a matter of time until the masses move to a cheaper alternative. [/QUOTE]
"Small" is right, but I don't know about "better technology" just yet. I went there for the first time and it took 30 seconds just to load the page. Ebay arguably has twice as much javascript, CSS, and Flash running in the background and only takes half that long to load, on a bad day, with how many more users?
I agree with your premise though. Ebay's days, like Wal-mart, and the mighty Microsoft are numbered. It's just a matter of time.
I don't know that Ebay "has" to jack up their prices, I believe they do it because they "can".
The stock has been in a downtrend for 2 years, wtf are you talking about? All of these issues have been known for years, so it seems like those who "thought" of em, have been selling the stock and/or shorting it.
Stick to Cramer idolizing, this stuff is too complicated for you. [/QUOTE]
You sir, have a good point. LMFAO.
"Small" is right, but I don't know about "better technology" just yet. I went there for the first time and it took 30 seconds just to load the page. Ebay arguably has twice as much javascript, CSS, and Flash running in the background and only takes half that long to load, on a bad day, with how many more users?
I agree with your premise though. Ebay's days, like Wal-mart, and the mighty Microsoft are numbered. It's just a matter of time.
I don't know that Ebay "has" to jack up their prices, I believe they do it because they "can".
The stock has been in a downtrend for 2 years, wtf are you talking about? All of these issues have been known for years, so it seems like those who "thought" of em, have been selling the stock and/or shorting it.
Stick to Cramer idolizing, this stuff is too complicated for you. [/QUOTE]
You sir, have a good point. LMFAO.