These are good, solid numbers by any measure. The underlying fundamentals are strong, but the whole sector is trading on emotion, not fundamentals.
More Quotes from Lise Buyer:
It certainly doesn't do anything for PR, but how much of an issue it is with regulators I just don't know. It's certainly a bad time to be doing this though.Lise Buyer
For eBay, Yahoo would represent a huge expansion of their base. For Yahoo, whose revenue is almost entirely derived from advertising, it gets them a new stream.
Lise Buyer
The success of Amazon would suggest their customers aren't that afraid of buying online.
Lise Buyer
Amazon is two-and-a-half years down the learning curve. As of tomorrow, Borders will be a few hours down the learning curve. It's another option for book buyers, but we don't view Borders as a big competitive threat to Amazon. We see this as more of a defensive move than an offensive move.
Lise Buyer
We leave the meeting believing that Yahoo is a must own. While the stock will undoubtedly be subject to the whims of the current trading environment, the growth opportunities, although not lay-ups, are enormous and compelling in our opinion.
Lise Buyer
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