Through The Fly's Eyes: eBay Inc.
The Power Of 3 Is Powerful
The "Power of 3" is what Meg Whitman calls eBay's (EBAY) 3 primary businesses -- marketplaces, payments and communications. Any way you slice it, the Power of 3 is working.
- For 2006, $6 billion in revenue, up 31%
- Purchased $1.0 billion in stock and is upping it to $2.0 billion -- eBay has never repurchased its stock prior to July 2006
- eBay has 220 million users and Skype is now up to 171 million users, both growing nicely
- Other eBay names that it owns or has interest in or relationships with are doing well like Shopping.com, Craigslist and VeriSign
Sometimes it is best not to think -- just buy and put a stock away. That is what investors should do with eBay.