With the Yahoo festival seemingly winding down or at least bringing us all to the point of fatigue we have started to wonder if eBay is next.
The stock has been a disaster these last five years with the shares down 20% during the period and off over 50% from their highs of $58 back at the end of 2004.
We all know that management has done little to organize the company for success. Acquisitions have helped the company but not enough to boost the stock.Â It’s possible that some of them are just about ready to help overcome what seems to be a fairly rotten core business in terms of growth.Â
The situation seems ripe for the antics of the slippery slimy types to come in under the auspices of creating shareholder value.Â This one seeks too tempting below $30 to be left alone.