Scott Devitt
Scott Devitt
companies exactly three tremendous
That's exactly what's going on, ... You've had three years of tremendous post-bubble growth. Now the companies have to reinvest.
business decline fourth growth market material overseas
The international business is really the growth story for eBay, especially as the U.S. market matures. However, there was a significant material decline in revenues overseas in the fourth quarter.
betting change technology voice within
They're betting on a change in the technology within voice communications,
affecting environment gone looking optimistic overly people tech
The macro environment is affecting technology. You've gone from where people were overly optimistic about tech to where people are looking for change.
above growth rate
Their growth rate internationally is still above 50 percent,
ebay fact forward good guidance lower miss moderately possible raised street wall
Ebay put out good numbers. Wall Street had already priced in a possible miss or even lower guidance going forward but that did not happen. Ebay in fact moderately raised expectations. So that's a good thing.
china compete ebay fighting fights-and-fighting invest market players
Ebay is really fighting for China but there are two entrenched players there already. So eBay had to invest more in China to compete more aggressively for market share.
company core created ebay effects grows network payment succeeded users
eBay is a company that understands network effects better than any other, ... Its core business, as well as (online payment system) Pay Pal, have been created and have succeeded by this network effect ? as more users come in, the marketplace grows in value.
The numbers, honestly, are at times unfathomable for us.
believe carriers contract deal ensure five follow indication positive positively steps taking view
This new contract for five years is a positive indication that the GDS business, while mature, is taking positive steps to ensure its longevity. We view the deal positively and believe that other carriers may follow suit.