posted on January 3, 2001 07:25:51 PM
(UPI) 3-JAN-01 EBAY braced for yet another outage.
After an hours-long outage on on-line auction giant ebay, the San Jose based company will offer its sellers a series of graduated rebates on listing fees plus a choice of PEZ candy dispensers.
EBAY spokesman Henry Gomez estimates that the problem will repeat itself in the not too distant future, but cannot guarantee when this will happen. "It went down, and we don't know when we'll get it back up." We can only assume that he was talking about their website.
The price of the EBAY stock jumped today on news of a Fed interest cut. That same interest cut was auctioned off last week for $19.51 by some guy named agreenguy. Auction was won by prezelect. There has not been any authentication of either the buyer or seller to date.
In a related story, Pierre Omidyar, Chairman of the Board of EBAY, was reportedly bidding on some website software and windmill hardware on Yahoo. Meg Whitman, President of the company, was pissed off because she had a bid in on Yahoo (the company, not the auction site) and is worried that some other bidder (TimeWarner,perhaps?) will come in with some sniping software and get the company with a last minute bid.
Stock analysts rate the stock as a strong buy, but since the site is down, they are unable to do just that. Log on tomorrow, if you are able, or the day after that, or the day after that...
