We believe eBay continues to represent the best business model within the internet sector, as it remains relatively insulated from the heightened competition within e-commerce.
More Quotes from Anthony Noto:
The important fact is they're a first mover in a high-margin business that will have increased adoption rates as we move forward.Anthony Noto
It is important to keep in mind that typically eBay's initial next year's guidance is extremely conservative. In fact, over the past 4 years, eBay has outperformed its original next year's revenue and earnings-per-share guidance by 13 and 23, respectively.
Anthony Noto
Trends are not as bad you think We recommend buying the stock trading at 18.5 times 2006 EBIDTA.
Anthony Noto
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