05-31-2017 04:50 AM
Did everyone else hear this on the news this morning? AMZ reaches all time high of $1K/Share. Bezo's is second richest man, lonly below Gates. His wealth went up $20 billion in one year alone.
It is time for eBay to recgonize they are not the same as AMZ and should stop trying to compete. AMZ has a whole different business model and has totally revolutionized the way people shop.
Please eBay get back to the original business model that made you famous.
05-31-2017 07:09 AM
I was watching it when it hit 7 bucks after the dot com crash, but just as today, did not have the cash to put into the market back then.
I still have an annual report in my files from Microsoft in 1986, never hit that one either, if I did I would have no need to sell on eBay.
05-31-2017 07:10 AM - edited 05-31-2017 07:15 AM
@z50com wrote:I've been selling on eBay since 1998
It's still a venue, I don't feel "managed". . .
Just cause you don't feel managed doesn't they are'nt managing you.
one point in managing all sellers is allowable payments policy.
While IT was a help to ebay's short term bottom line, IT managed to eliminate some members.
05-31-2017 07:11 AM
@z50com wrote:I sell used items and it still feels like a garage sale to me!
Things have changed but the goal is the same, sell merchandise to those that want it.
eBay is now bloated with Chinese junk and big box stores: all, mostly junky, new things. It is no longer the business model of old eBay. Sorry to say.
05-31-2017 07:11 AM
Apple had a market cap of $5 billion back in 2001 and it was trading for $5 a share for years on end.
Now it's the biggest company in the US, maybe the world. . .