What was ebays ipo

Finnie said also that, while Onsale and Yahoo recently announced plans to team up to offer person-to-person auctions similar to those hosted by eBay, the market for online auctions is large enough to accommodate two major players. IPO watchers note that a dry spell of this duration has not been seen since In early July, amid a much brighter mood on Wall Street, the Charlottesville, Virginia, Internet retailer had registered to sell 5 million shares of stock.

Unlike eBay, however, Value America has yet to turn a profit. Given that it has been a month since any company has floated out an IPO, he added, there may be pent-up demand among investors to take a stake in a tech issue. But the pipeline for more public issues is pretty narrow, Peterson said.

So far this month, only 27 companies have filed for an IPO, of which four are tech companies. Peterson said the two dozen or so pending IPOs is an "extraordinary" low number. Analysts generally were impressed by eBay's early profitability, and by its willingness to hit the public trough during an especially volatile market.

He previously served as assistant managing editor in charge of California news. Dunn joined The Times in as a suburban reporter in the San Gabriel Valley and later moved to the Metro section, where he participated in coverage of the Loma Prieta earthquake and the Los Angeles riots.

He later was named to run science coverage. He worked as deputy national editor from to and played a central role in the coverage of some of the biggest national stories of recent years, including the oil spill in the Gulf of Mexico and the election of President Obama.

Dunn is a California native who has worked as a dishwasher in Sacramento, a printer in San Francisco and a bicycle repairman in Walnut Creek. He has lived along the levees of the Sacramento Delta, the Powell-Hyde Street cable car line and the shaded streets of Pasadena. He is a graduate of UC Berkeley with a degree in English.

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