The company missed at the revenue line and reported what you would characterize as a messy quarter, which is not altogether unexpected due to the economic environment. Nobody is immune to broader economic trends. |
The company's policy to limit communication with investors creates many situations where George Reyes has to take it on the chin. If you compound that [lack of communication] with the company's unparalleled performance -- any cautious directional comments he makes will be viewed with great emotion. |
The margins continue to be the problem and will always be the problem. Plain old e-commerce is a difficult business with razor-thin margins. |
The novelty has worn off. |
The quarterly results showed signs that the eBay platform is aging. |
The question really comes down to how long could it take. |
These are unbelievably strong earnings. This may be the strongest quarter that I've seen Disney put out in the last two years. |
They are talking about a deliberate rollout, and that means late. |
They may take the $30 rise in the stock price as an unexpected end of quarter bonus. It helps a lot of portfolios. But in order to book that gain, they'd have to sell into the strength. |
This is likely to be the first of many filings. Once they determine what the assets and the cash flow of the other units are, it's reasonable to expect the parent company to file for bankruptcy as well. |
Unless we hear of some material deviation from the results already shown us -- business conditions are so aligned with expectations that there is no surprise. |
What it is that attracts people is that they're irreverent. In today's world of polished branding campaigns and well-thought-out strategies, they're a little bit fresh. That is very appealing to the average American, especially to the young male. |