posted on October 20, 2000 11:21:45 AM
ebay has been experiencing complete shutdowns this week starting sunday evening and every evening especially during prime evening hours
for the week of 10/8/2000
sellers and buyers cannot log onto the site and
frustation is taking place
this isn't not a good sign for ebay
check the auctionwatch.com and ebay bulletin boards for the dismay,
frustation that has taken place
posted on October 20, 2000 11:27:18 AM
Ya know eboda, I don't think they care. The market is not about reality anymore, only thing that counts is momentum.
Today they pile into the stock, two weeks from now they dump. Little guy gets trounced.
posted on October 20, 2000 01:35:57 PM
Actually bad news is news, a brokerage house is liable to ignore if they are supporting a long position. Short sellers on the other hand would want to play up technical troubles and client relation problems.
Technical problems can mean lower earning as a company might have to spend more money on equipment upgrades, which will lower profits.
Unhappy clients can equal lower sales or even regulatory problems.
posted on October 20, 2000 02:21:25 PM
Yep Deco, you hit it right on the nose. Disney is up too. Might be from the new Disney/Ebay auction site opening up.
