The only thing I can say for sure on eBay stock is this:

EBAY INVESTORS SUPPORT CHANGE!!!


Let's GEET 'ER DUN!!!

Gary

Here's another article on exactly the same 'rumors'...

http://bbb.typepad.com/billsdue/2006/03/tom_and_ebay_fo.html

...from March 2006.

Hi Melly, its a strange coincidence that these rumors seem to pop up in times of crisis (i.e. when shares are at a low). I'm not suggesting for one moment that we're witnessing 'pump and dump' tactics here; that would be illegal. We all know that Ebay strive their very best not to facilitate any unlawful activities.

Alex's comment "We all know that Ebay strive their very best not to facilitate any unlawful activities." to quote a certain tennis player 'You cannot be serious'. Ebay shows no interest in preventing illegal activities as can be patently seen by their inaction with regard to fraud on the site.

Whilst it would be foolish to claim they were manipulating the stock price, I would trust them about as much as I would trust the Iraqi Informatiion Minister from the Saddam regime!

I still see no upside for this company until they sort out the fraud issues, as it is destroying buyer confidence. Whilst if the China rumours are true, it prevents more losses, this does not address the companies fundamental problems.

The Chinese Connection..

It may have something to do with this July article..?

http://www.out-law.com/page-7147

I've wondered about this since I first read it. Yahoo has 40% of Alibaba.
But ebay seems to fully own Eachnet.
This article says that:

"The World Trade Organisation insisted that China open up its market to international companies. China capped foreign involvement at 50% as a concession."

"Foreign companies must already allow Chinese investors to own 50% of all ventures in the country,
and the Government has begun to make announcements hinting that it will further restrict trade."

Is this true?
If the Chinese Government has "capped foreign involvement at 50%".. How is it that ebay owns ALL of Eachnet?