July 25, 2003

About that Mini-Bubble...

Yes, this mini-bubble.

It seems that eBay has announced a stock split.

EBay's stock has one of the highest valuations of any company in the United States -- far greater than Microsoft Corp. and other technology titans -- and it has remained impervious to the dot-com stock market bust. The stock's ascent this year, 71 percent, prompted eBay's board to announce a two-for-one split effective Aug. 28, for stockholders of record on Aug. 4.

Here we go again...

Posted by jzawodn at 10:12 AM