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Tuesday, August 28, 2007

e-bay a bargain for investors?

With all of the YouTube, Google, Yahoo!, and Facebook talk of late it appears as though the investing world has forgotten about e-bay. The Globe and Mail's Report on Business quotes Tim Boyd, an analyst with American Technology Research, as saying "Their stock is undervalued relative to all of the large-cap Internet peers," With a current price of around $34, nearly half of it's 2004 high of $60, and Boyd's target price of $42, it may be time to take a second look at e-bay?

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