
Yesterday eBay announced their earnings for the third quarter of 2008. Since that time, the eBay section of my RSS reader has been flooded with blog posts about the announcement with a predominately negative slant. It seems as though everyone was just waiting, hoping they would have the opportunity to take shots at eBay.
My question is - What’s all the fuss?
Should it really matter to the average seller whether eBay’s stock is going up or down? Should he or she care if they miss their earnings projections by two or three cents a share?
I don’t believe it should and, personally, I could care less.
Much more important to me is how my business is doing financially on a quarterly or annual basis, not how eBay is doing financially during the same time frame.
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