Anthony Noto Quotes
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Our survey results reinforce our outlook for a continued slowdown in e-commerce sales. At this early juncture of the holiday season, consumers are not shifting a significant share of spending online from offline.
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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.
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I honestly think I'm the kind of person that is driven by fear of failure rather than striving for success. I tend to go to bed scared and wake up terrified.
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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.
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We believe the lower top-line growth in Q4' 00 versus expectations and uncertainty over Amazon's top-line growth going forward will overshadow the operational achievements that we felt were necessary to achieve operating profitability by Q4 ' 01 and subsequently could have driven stock price appreciation.
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The only way people can really be excellent is with truth, so you have to have a CFO who will have the intellectual capacity and conviction to tell you you're wrong and try to support that with data.
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Trends are not as bad you think! We recommend buying the stock trading at 18.5 times 2006 EBIDTA.
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The important fact is they're a first mover in a high-margin business that will have increased adoption rates as we move forward.