MIAMI, April 14, 2004 (PRIMEZONE) -- Stockwire Research Group Inc. adds eBay Inc. (Nasdaq:EBAY) to its Outperform List.
eBay Inc. has developed a Web-based community in which buyers and sellers are brought together in an auction format to buy and sell items such as antiques, coins, collectibles, computers, memorabilia, stamps and toys. For the FY ended 12/31/03, revenues rose 78% to $2.17B. Net income before acct. change rose 79% to $447.2M. Results reflect increased online transaction activity, the PayPal acquisition and improved operating margins.
To view the full report, go to www.stockwire.com.
Stockwire.com is an online financial destination where investors can go to research new investment ideas. We are focused on finding emerging growth companies that do not necessarily have widespread analyst coverage on Wall Street. The site also provides investors with full coverage of quotes, charts, and news for all publicly listed stocks in the U.S.
If you'd like a complete list of all of our profiled companies, visit: www.stockwire.com.
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited. Stockwire Research Group, Inc. has not been compensated in any form for the release of this press wire or for the creation and distribution of the EBAY research report.