Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

yeah, GOOG's Eastern Front Strategy..
Like Hitler attacking Stalin, GOOG introduces "PayPal" like system and loses largest advertiser EBay- Meg must be throwing microwaves over at eBay on this "news" ....


Hmm. losing E-bay as customer?..WOW
by: benzvessel
Long-Term Sentiment: Strong Sell 06/18/05 12:20 am
Msg: 245047 of 245164

Interesting move .... some opinions

1. They KNOW margins are disappearing in their core business
2. RISK LOSING THEIR LARGEST CUSTOMER, E-bay
3. E-bay OWNS Pay pal, the market leader
4. Yahoo and others have shut down similar offerings ..low margins, competitive
5. GOOG must be desperate for reveneu growth on this one

TIMELY news that 40 MILLION Ameircans got tfinancial information exposed .... think that is going to hurt electronci payments and E-commerce in gernal?..you bet ya