The question is what becomes of the remaining businesses, which are clearly quite weak.
More Quotes from Scott Kessler:
We are not recommending that investors purchase shares. However, after it fell materially over the past few weeks, we see the stock as reasonably valued.Scott Kessler
There's not as much unbridled excitement about the offering now. A lot of technology and Internet stocks don't look nearly as appealing as they did in April, May or June.
Scott Kessler
I think a lot of people are rationalizing the fourth quarter as a one-time tax hit. I don't agree. This indicates the company's need to focus on and invest in its ability to more effectively forecast, manage and execute its international operations.
Scott Kessler
I'd hesitate to characterize this is as comparable to what was going on in the late 1990s. Not every Internet stock is doing well.
Scott Kessler
This is a company that people bought and put away. But it was made clear in January that you couldn't do that. There is increased skepticism about eBay.
Scott Kessler
It has been a difficult company to track. If the name hasn't changed, the business has changed. There's been a bunch of different acquisitions and divestitures. It's a more challenging company to cover and follow as an investor.
Scott Kessler
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