posted on March 3, 2001 10:04:50 PM new
Correct me if I'm wrong. I listened to this and it sounds like Yahoo is purchasing Egreed, NOT Egreed purchasing Yahoo.
posted on March 5, 2001 01:36:29 PM new
Really if any such thing happened it could be called E-Boo Boo and refered to a just another Ya boo boo . http://www.Dman-N-Company.com
posted on March 5, 2001 01:51:41 PM new
There have been at least two occasions in the past year when the major financial news sources were reporting that serious negotiations were taking place between YAHOO and eBay.
Secondary stories were published that analysed what the benefits would be from an investors point of view.
Purchase and merger were both discussed with long explanations of who might survive as management and the possible impacts on earnings, growth and stock prices.
This was before YAHOO introduced fees for listings. Both stocks were selling at a higher price than now and YAHOO has had a greater percentage of loss than eBay during the time that has passed since these earlier reports.
I decided that I would play ostrich, ignore/hide from the possibility and just hope it didn't happen. What could I do about it anyway? I did start to look for and implement alternative, non-auction income sources (web sites, RL etc,)
eBay was my primary market and YAHOO was providing an additional small but growing profit.
As a small independent seller I did not see YAHOO management as having demonstrated that they would be a significantly better owner of the major marketplace.
I had no interest in seeing eBay gain an even greater dominance over the total marketplace.
Now that YAHOO has introduced fees and is, IMO, no longer the clear "number 2 and gaining" auction site I don't know what to think.
The combination of YAHOO's user base and eBay auctions might provide more buyers and better profits to the seller but I strongly feel that a more diversified marketplace would be in my best long term interest.
