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eBay: Plenty of Options to Unlock Value

in News on March 9, 2009 at 8:03 am PT

On Wednesday, eBay will hold a meeting with analysts to discuss the current business and strategy. There is little expectation that the company will announce any dramatic moves, and concern about the health of the business remains high, as expressed by eBay’s surprisingly low P/E–the stock trades at just seven times expected 2009 results. Of the 29 analysts tracked by Thomson who follow the company, only four rate the stock a Buy or Strong Buy.