Quinn: Carl Icahn shouldn't get to ma...

Quinn: Carl Icahn shouldn't get to manage Silicon Valley firms the Wall Street way

There are 2 comments on the Inside Bay Area story from Jan 24, 2014, titled Quinn: Carl Icahn shouldn't get to manage Silicon Valley firms the Wall Street way. In it, Inside Bay Area reports that:

Carl Icahn, the famous activist investor whose name became synonymous with "corporate raider" during his hostile takeover of TWA in the 1980s, has set his sights on Silicon Valley.

Join the discussion below, or Read more at Inside Bay Area.

Since: Nov 13

Sydney, Australia

#1 Jan 24, 2014
Johnny Ho Momentarily Inflates eBay Stock Price with Hot Air from Disclosure of Proposal from Carl Icahn

“Proposal from Carl Icahn — The company also announced today that it has received a notice from Carl Icahn indicating that he has nominated two of his employees to its Board of Directors and submitted a non-binding proposal for a spinoff of its PayPal business into a separate company.…”

What a total non story! Still, Johnny Ho had to figure out some way to get some hot air into the moribund eBay stock. Separately corporatize “PreyPal”? Not likely!

As great a fool as Johnny Ho is, he does at least know that “PreyPal” contributes ~40% of eBay’s value, and without “PreyPal”, eBay would simply continue on its Donahoe-directed journey down the toilet—but at an even faster rate.

Likewise, Johnny Ho appreciates—and obviously Carl Icahn does not—that separated from eBay,“PreyPal” would be effectively cut off at the knees.

Regardless, both entities are destined to continue their journeys to the sewage farm.

The fact is, notwithstanding the amount of noise that emanates from the eBay Dept of Spin, it is estimated that “PreyPal” has only a little more than one percent (~1%) of the world’s total payments business; MasterCard and Visa have ~90% thereof between them and Amex has another ~8%—and, MasterCard and Visa have now launched their own “professional” online/POS digital wallets …

Goodbye clunky “PreyPal”, it has not been nice knowing you …

The ugly reality of eBay's clunky, unscrupulous "PreyPal" operation ... http://bit.ly/UVXx53

Then there is the demonstrable, massive, eBay-facilitated and aided and abetted, before and after the fact, criminal activity on eBay marketplace auctions …

The ugly reality of eBay eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
The ugly reality of eBay Motors (UK sampling): Auction Fraud Galore ... http://bit.ly/I2gTEU

Regardless, the fact remains that if, in August 2007, before Johnny Ho actively started his “destructive renovations”, when both eBay’s and Amazon’s stock was ~$40/share, had any major “long” eBay shareholders instead put their funds into Amazon stock, they would now be ~8x wealthier! And, any Icahn investment/proposal does not alter the reality that the truly “smart money” on Wall Street recognises that eBay is a “dog” and that Johnny Ho is a very poor dog handler—otherwise, like Amazon, eBay too would be valued at ~$400/share.

That the “Headless Ho” could give a tutorial to anyone about anything, particularly on technology, is simply too funny; still, it seems that Johnny Ho and Carl Icahn could make a good fit—both are looking out only for themselves.

"Even though people think I'm an expert at technological innovation, my own instinct for technology was frozen in place in 1982." - John Donahoe (26 Sep 2007)...
[On the first part, who could possibly think that? On the second, a few of the only true words that Johnny Ho has ever spoken ...]

eBay / PayPal / Donahoe: Dead Men Walking ...

Since: Nov 13

Sydney, Australia

#2 Jan 24, 2014
.Johnny Ho Momentarily Inflates eBay Stock Price with Hot Air from Disclosure of Proposal from Carl Icahn

“Proposal from Carl Icahn — The company also announced today that it has received a notice from Carl Icahn indicating that he has nominated two of his employees to its Board of Directors and submitted a non-binding proposal for a spinoff of its PayPal business into a separate company.…”

What a total non story! Still, Johnny Ho had to figure out some way to get some hot air into the moribund eBay stock. Separately corporatize “PreyPal”? Not likely!

As great a fool as Johnny Ho is, he does at least know that “PreyPal” contributes ~40% of eBay’s value, and without “PreyPal”, eBay would simply continue on its Donahoe-directed journey down the toilet—but at an even faster rate.

Likewise, Johnny Ho appreciates—and obviously Carl Icahn does not—that separated from eBay,“PreyPal” would be effectively cut off at the knees.

Regardless, both entities are destined to continue their journeys to the sewage farm.

The fact is, notwithstanding the amount of noise that emanates from the eBay Dept of Spin, it is estimated that “PreyPal” has only a little more than one percent (~1%) of the world’s total payments business; MasterCard and Visa have ~90% thereof between them and Amex has another ~8%—and, MasterCard and Visa have now launched their own “professional” online/POS digital wallets …

Goodbye clunky “PreyPal”, it has not been nice knowing you …

The ugly reality of eBay's clunky, unscrupulous "PreyPal" operation ... http://bit.ly/UVXx53

Then there is the demonstrable, massive, eBay-facilitated and aided and abetted, before and after the fact, criminal activity on eBay marketplace auctions …

The ugly reality of eBay eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
The ugly reality of eBay Motors (UK sampling): Auction Fraud Galore ... http://bit.ly/I2gTEU

Regardless, the fact remains that if, in August 2007, before Johnny Ho actively started his “destructive renovations”, when both eBay’s and Amazon’s stock was ~$40/share, had any major “long” eBay shareholders instead put their funds into Amazon stock, they would now be ~8x wealthier! And, any Icahn investment/proposal does not alter the reality that the truly “smart money” on Wall Street recognises that eBay is a “dog” and that Johnny Ho is a very poor dog handler—otherwise, like Amazon, eBay too would be valued at ~$400/share.

That the “Headless Ho” could give a tutorial to anyone about anything, particularly on technology, is simply too funny; still, it seems that Johnny Ho and Carl Icahn could make a good fit—both are looking out only for themselves.

"Even though people think I'm an expert at technological innovation, my own instinct for technology was frozen in place in 1982." - John Donahoe (26 Sep 2007)...
[On the first part, who could possibly think that? On the second, a few of the only true words that Johnny Ho has ever spoken ...]

eBay / PayPal / Donahoe: Dead Men Walking ...

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