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We've been working cooperatively with eBay. I think the story is that we're trying to target the people who misuse eBay; we're not targeting eBay itself.

We have worked diligently with eBay to support eBay Express and are happy to announce support of this new way to shop on eBay. Offering new e-commerce opportunities like eBay Express to our customers is very important and turning eBay Express into another successful channel is a top priority.

As you probably know, our annual eBay Live! event has come to signify the fun and camaraderie of the eBay Community. Since our first eBay Live! in 2001, thousands of eBay members like you have gathered once a year for learning, networking and entertainment. This year's eBay Live could be the most fun-packed yet ... because we'll be gathering in Las Vegas!.

We're excited by the level of innovation and ingenuity that all of the entrants demonstrated. The eBay Developer Challenge 2006 winners offer buyers and sellers the ability to access the eBay marketplace from wherever they might be, extending the eBay platform in ways previously unimagined. They are all great examples of how innovative developers and affiliates can create viable businesses using eBay Web Services while taking the eBay user experience to a whole new level.

Still, a lot of people don't take eBay seriously ... We have an artist friend who was at a Los Angeles seminar on marketing art and he was told, 'If you want to be taken seriously, get off eBay.' He then told them that he'd made $150,000 in art on eBay last year. He was immediately told, 'Keep doing what you're doing.'

We have had some discussions with staff at the Justice Department regarding eBay and the online trading business generally. We believe the contact with DOJ may have been prompted by auction listing aggregators, such as Bidder's Edge...our dispute with Bidder's Edge fundamentally is a commercial one that concerns eBay's right to prevent unauthorized trespassing into its computer system, can use eBay content in a manner which confuses and misleads eBay users.

The market was very quick to react to this information, with shares of eBay rising $11, past the $72 target we set in early July. Given this, the immediacy we felt investors should have had towards buying eBay is now somewhat diminished.

We have always had a policy that if it's illegal to do off eBay, it's illegal to do on eBay, ... We have made some changes and additions to our existing stun gun policy. We want to continue to keep people from doing illegal things on eBay.

I'm based in galleries in part because if you call what I do postmodernism, nobody on eBay is searching for that, ... eBay does well for traditional work and people who collect it.

The eBay franchise has so much meat on the bones and is so solid, ... eBay realizes that you need to go where the people are and management has earned a bit of time to execute on their plan.

EBay is a huge problem for a lot of us brand holders. It's also any auction sites. eBay at least is working with us to close these sites down.

I bought some Bradbury borders on eBay, didn't use them all, put what I had left back on eBay and got more for it than I paid,

We're talking about 10,000 auctions on eBay being closed in a month. Or 10,000 individual sellers of counterfeits, and that's just on eBay.

Clearly these three companies are becoming increasingly competitive vis-a-vis EBay, and the thought is maybe EBay would want to respond with a defensive move.

Today, most of us think about eBay as an auction site, but a third of the items that transact on eBay are actually fixed price.

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