Friday, May 20, 2005

WSJ.com - EBay Acquires Two Classified Sites

continues to expand its real estate classified business. Real estate listings are like EBAY listings in that consumers want to go to the site that has the greatest number of listings. Another key feature of real estate listings is the advertising potential. Those who are considering a move may be looking for a real estate agent, a lawyer, a mover, a painter, a landscaper, or a mortgage broker.




EBay went up too much and then dropped too much. I expect it to trade back to at least $44 per share before the year is out. EBay has spent hundreds of millions to "win" in China. This is a huge market and revenues are soaring. The willingness to purchase classified sites during this battle royal for China shows that the firm is set to grow in all markets.

BUY THE BIG BULL! THE WORLD IS NOW AN INTERNET WORLD!

1 comments:

real estate listings said...

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