DMS1
join:2005-04-06
Carrollton, TX
| reply to kapil
Re: WTF
said by kapil  :Am I really the only one that thinks that eBay got screwed? No you are not, though I think they deserved what they got. I thought at the time that eBay's actions were reminiscent of the stupidity going on at the height of the dot-com boom.
It is interesting to compare the Skype purchase with the partial-IPO of Vonage. Many analysts believed the latter was over priced, and the subsequent stock slide reinforced this view. Yet, if you do the sums, the pricing valued Vonage at a small fraction that of Skype which is really strange when you consider that Vonage is the one with a business model that generates regular income.
I think we can thank our lucky stars that the stock markets are stable enough currently that eBay didn't manage to trigger another bust cycle among Internet-related stocks. |
