eBay Well Bid

eBay moved back above $100 a share yesterday. Maybe it's time to consider another split. ;-) (Back during the Boom I was amused when I received "Split Alert!" spam... yet another red flag I foolishly ignored.)

When I look at eBay's numbers it isn't their enormous revenue growth that impresses me so much as their great profitability. The gross profit margin consistently hovers above 80%, and their operating profit margin continues to grow nicely... last quarter it stood around 35% (excluding noncash charges).

For nostalgia's sake here's something I wrote about eBay back in the ancient past.

Previous Entry >>> Keeping an Eye on the Canadian Dollar