Skype Journal: Google,ebay,Skype: Wall Street voted
August 28, 2006 09:34 PMThe early results are in. Wall Street frowns on the eBay/Skype side of the partnership according to the New York Times.
"Google's shares rose $7.69 yesterday, to close at $380.95, while eBay's shares rose 49 cents, to $25.79."
I think they got it wrong. But you can do the math!
What do you think? Are Skype users into family-friend communication and social networking or are Skype users a bunch of capitialist commercial buyers and sellers? What did Niklas Zennström create? Where is his new team taking Skype?
We would like to hear your views!
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You state "Wall Street frowns on the eBay/Skype side of the partnership according to the New York Times." I read the article you linked ... it makes absolutely NO mention of the market's (i.e. Wall Street's) view of the Google/eBay/Skype collaboration.
The share prices are "factually" listed at the end of the article (without comment) ... as is customary. As for "doing the math," Google shares rose 2.0% and eBay shares rose 1.9%. The difference is statistically insignificant.
There may be a story here, but this article, and yesterday's share movement for Google and eBay, isn't it.
Posted by: Kent at August 29, 2006 12:02 PM