Monday, December 9, 2013

Time to short eBay...

Time to short eBay...  John Donahue, eBay's CEO, said (in an interview by Bloomberg):
“We're not focusing on long-term fantasies, we're focusing on things we can do today.”
This was in response to Jeff Bezos' announcement about Amazon's drone deliveries.  Not exactly the kind of forward-looking vision I'd look for in a company like eBay.  That sounds to me like an invitation for a innovative startup to start stealing eBay's customers...

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