That was incredibly dumb. How would eBay be rewarding investors by ditching a lucrative, growing segment of its business? The synergy between the two is incredible (as is the lack of synergy between eBay and Skype) so as a shareholder, that would be the last thing I'd want.
Also Amazon's business must be pretty defensible, because competitors like buy.com and overstock seem to be getting nowhere. Reputation is worth a lot for an online retailer.
Also Amazon's business must be pretty defensible, because competitors like buy.com and overstock seem to be getting nowhere. Reputation is worth a lot for an online retailer.