TAKING ON EBAY - Boycott Information for the INTERNET AUCTION ALLIANCE

From: http://forums.delphiforums.com/boycottebay/messages
User: "Star...."
Topic: eBay Warns of Revenue Risks

Ebay is way too arrogant to admit to their own mistakes. I think they'd rather have the whole auction site die than to admit what EVERYONE else already knows. Ebay screwed up by alienating a vast number of core member.

I know if Ebay has acted arrogantly enough to drive me off the site...that's pretty bad.  I've always been one to accept corporate changes ...however this time, I left the site(February 4th) and moved my listings to eCrater. Ebay's asinine management policies and fee changes were simply the final straw. From what I've seen,,,it was the final straw for many others as well.

Interesting to note that insider stock trades within corporate Ebay show ALL sells except for one natable exception...Meg herself... who seems to have had a "sweetheart deal" to gather shares at next to nothing.

Ebay stock is WAY overvalued at a P/E ratio  of 120+ (compared to other internet giants trading at a modest 20 and under). Ebay is poised to have a tremendous drop when reality hits and analysts value Ebay with the same scale as Google and others. Should that happen, Ebay could easily slide below $6 a share in a heartbeat.

In the meantime, sellers continue to exit Ebay due to the 100% biased feedback system that will encourage extortion tactics and the selling fees rise further than sellers are willing to pay. 

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• #6 Comment from bluehorizontals 
  3/28/08 7:51 AM | Permalink

  I find it ironic that despite eBay's attempts to manipulate the stock market by posting 10's of 1000's of 'test auctions' (which no one can bid on - but which seem to get 'won' anyway!) their revenues have fallen.  Just goes to show: you can't fool everyone all the time!
• #5 Comment from auctions4u2c 
  3/27/08 3:24 PM | Permalink

  eBay may be beginning to feel the pinch, but their arrogance, behaviors, and attitudes towards their customer have not changed.  Anyone who thinks eBay is "the place to trade" is wrong: ebay has gone south in their policies, and its slowly killing the business.
• #4 Comment from cruzzer101 
  3/26/08 9:08 PM | Permalink

  i swear to god i think ebay is out to screw the sellers over more and more.  u gotta leave nothing but positive feedback for buyers; can't leave no negative feedback.  you gotta suck up the 75% jump in final value fees and ebay wont let you pass that on to the buyer, not even a part of it to make things fair.  and here lately ebay has been telling folks they need to ship for free and can't charge anything for the time and labor for shipping plus do all the work.  and now this crap.  its past being able to beleive how fuk'ed up ebay has gotten!  its friggin insane and the stupid american public just sits on their collective asses doing nothing with their thumbs up their butts stuffing their fat lazy faces and letting these companies and countries just roll over them.  its no wonder america is failing and is so full of shit.  its not only ebay that deserves to have its ass kicked -- its america that needs its stupid, fat, lazy, do-nothing ass kicked too.  and i'd be wiling to bet my ass that americans will get this ass kicked real soon by the chinese and if not their military, then their economy cuz they ain't stupid and saw how we whooped the world using our economy and now china has taken the lesson to heart and is going to do it to us but hey, we're a bunch of stupid americans -- reallyl -- and we're going to let them do it.
  stupid people.  stupid ebay.  stupid every friggin thing.
• #3 Comment from wendygntlbrz4u2 
  3/25/08 7:13 AM | Permalink

  I wanted to add that this writer's statement about eBay's arrogance is so true!  I have been ripped off on eBay by both Buyers and Sellers over the years (though only in a very few instances out of thousands of transactions) and each time eBay either said it was my fault, or they stated that they were not involved in Seller/Buyer transactions and that I should go pay 50 or 100 dollars at the eBay Resolution Center in the HOPE of resolving the issues with my trading partners.  What a bunch of BS!  And when you need help from eBay you will find they either send you a bunch of useless 'canned' autoreponses, and their Live Help is so helpless that they are just a JOKE!
• #2 Comment from wendygntlbrz4u2 
  3/25/08 6:42 AM | Permalink

  I was glad to see that you posted this information.  While not a stock analyst (I only own what little stock that my 401K may happen to have), I had noticed that eBay's stocks have taken a dive despite eBay padding their auction numbers in order to try to fool the investors into thinking that they are doing better than what they actually are, and to try to deny the impact the Seller's Boycott has had on their business.
  If eBay does not change their policies soon there is not going to be an eBay anymore.  Strangely enough, that no longer makes me sad!