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Way to go, eBay!

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September 01, 2009 – Comments (4) | RELATED TICKERS: EBAY

Just reading that eBay is selling Skype for about $2B. Isn't that amazing? Selling something that has no value for a boatload of cash. I wish I new how to do that...

4 Comments – Post Your Own

#1) On September 01, 2009 at 11:27 AM, ChrisGraley (28.49) wrote:

Didn't they pay $3B for it?

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#2) On September 01, 2009 at 12:24 PM, goldminingXpert (28.65) wrote:

Leohaas, the definition of selling nothing for $omething--write S&P index calls out to January. 

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#3) On September 01, 2009 at 12:47 PM, leohaas (30.10) wrote:

They paid $3.1B, but soon realized that Skype was a dudd and wrote off $1.4B. So they lost money on it. Buying it was a big mistake. Selling it was the best thing to do. Getting $2B for 65% of the company is, considering the circumstances, an excellent deal for eBay.

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#4) On September 01, 2009 at 6:53 PM, MattH42004 (28.10) wrote:

ChrisGraley

lol, +1

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