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Author: swapusa Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25824  
Subject: Goldman Sachs upgrades eBay Date: 8/23/2001 1:15 PM
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http://aolpf5.marketwatch.com/news/newsfinder/pulseone.asp?dist=aolpf&siteid=aolpf&dateid=37126.3631944444-787753650

"Shares of Ebay (EBAY) are tacking on $1.49, or 2.6 percent, to $58.40 in pre-open trading. Analyst Anthony Noto at Goldman Sachs raised third quarter earnings and revenue estimates for the online auctioneer to 11 cents a share and $193 million, from 10 cents a share and $187 million, respectively, after a proprietary study indicated that listings are ahead of expectations, and the percentage of items sold, as compared to listings, is trending up. Noto feels the stock warrants a premium valuation, given its "visibility of earnings, accelerating fundamentals and clear leadership position." "

cheers,

Mehran,

SwapUSA
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