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by martinshen
3163 days ago
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Can someone explain to me why eBay is trading only at 5.5x P/E? I fully understand that it isn't growing tremendously but with all its classified assets, I can't help but feel that it should be trading at a much higher market cap. |
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I don't think of ebay highly, desides what they did to Craigslist.
They had Skype. They could have been Facebook, but no. They had Paypal. With Skype and paypal they could have easily made micropayments on cell phones, but no. I hardly ever see a company with so many wasted chances. They are in a "winner takes it all" niche but sooner or later someone (Open Bazaar?) will challenge them and I don't see any innovation from this company.