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Essay / Research Paper Abstract
An 8 page paper discussing growth and future strategy for the Internet's leading online auction house. Founded in 1995, eBay went public in September 1998. As one of the few e-commerce businesses available already showing profits as a private company, investors have driven the value of the company's stock artificially high. There is intense competition arising in the market eBay created, but eBay's website averages just under one million unique (rather than repeat) visitors each day, far beyond the 100,000 visits to the nearest competition. eBay is entering into strategic alliances with several companies and acquiring others that can aid its growth and competitive advantage. Stock prices should fall, as should growth in earnings. If forecasts hold, eBay's growth should be a more sustainable 97.6 percent through the year 2000. Bibliography lists 12 sources.
Page Count:
8 pages (~225 words per page)
File: CC6_KSebay.doc
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