Wednesday, January 19, 2005

EBAY Earnings! Ouch!

Just when you think making money by playing afterhours earnings is getting easy, EBAY misses and sets everyone straight. EBAY stock is getting sledgehammered afterhours. Stock futures are being punished. This has been a stock market that hasn't been able to rally on good news from stocks like Intel and Yahoo. So how will it react at the open on bad news from EBAY?

Not that EBAY isn't doing well, mind you. Heck, revenues are too the moon. They just didn't meet investors' expectations.

Tomorrow moring will be interesting. We'll have to wait and see what happens.

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