EBAY--"They pretty severely fell short of Street expectations in 2005," said David Garrity, a technology analyst for Caris & Co. "I don't think any analyst out there is going to be in a position to leave their earnings models unchanged. You're going to have the entire Street cutting numbers just to come in line with what the company published (Wednesday)."
In a research note Wednesday, Derek Brown of Pacific Growth Equities warned that the company's earnings may have been inflated by as much as $140 million in 2004 because of the weak U.S. dollar, which may not be sustainable in 2005 and beyond. He worried the company could miss more Wall Street expectations in 2005.
The white man seeks to conquer nature, to bend it to his will and to use it wastefully until it is all gone and then he simply moves on, leaving the waste behind him and looking for new places to take. Chiksika (Kispokotha Shawnee),March 19,1779
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.