The fact is, regardless of the number of “thinking days” Donahoe takes per year, or the number of desperate ideas his team of headless turkeys come up with, his grand plan for a Westfield-type online mall has been a dismal failure; the eBay marketplace continues to atrophy, as it has been so doing virtually since Johnny Ho effectively took the helm in 2007.
Ultimately, the only measure of a listed company’s success is its share price; the Ho is now in the seventh year of his “three-year turnaround” of eBay, and still no sign of any improvement: in late 2007 both eBay’s and Amazon’s stock prices were ~$40; today—with the US stock market at an all time high—eBay is still only ~$50 but Amazon is up (again!) to ~$394. Seriously, what more telling advice does anyone need?…
Since “Chairman Ho” arrived on the scene, eBay’s shareholders have been effectively going backwards—at a quite steady rate of knots—notwithstanding the nonsense that constantly spews from the eBay Dept of Spin …
The only people making any money out of eBay are the Ho and the gaggle of like-bodied headless turkeys that he has surrounded himself with and with whom he spends all day with blindly running around in circles, bumping into each other, in the eBay executive suite.
Clearly, the message from the smart money on Wall Street is that eBay Inc. is a "dog" and Johnny Ho is an utterly incompetent dog handler ...
Regardless, eBay Inc. is demonstrably the greatest calculated facilitator of auction fraud on consumers that the world is ever likely to know ...
The ugly reality of eBay Inc.:
eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
eBay Motors: Auction Fraud Galore … http://bit.ly/I2gTEU
eBay's clunky, unscrupulous "PreyPal" ... http://bit.ly/UVXx53
The ongoing joke of eBay Inc.... http://bit.ly/YvxFEg
Fun quotes from the eBay executive suite ... http://bit.ly/12xvzyA