Investing Opinion

The Maven: Chaos Brings Opportunity

 

Said Forbes: "eBay's Skype Internet phone service, which Whitman [as in Meg, the company's less-than-universally loved CEO] said will be a big earner for the company in the future, reported revenue of $50 million for the quarter, up from $44 million."

Compare that little piece of parroting to Rick Aristotle Munarriz from the Motley Fool who is the proud recipient of this week's coveted Business Press Maven "Nod of Approval" award:

"Skype is the third verb in the eBay portfolio. It's the speedster here, yet I am troubled to find that the number of subscribers grew by 20% sequentially while revenue only rose by 13% over its June quarter showing. The company argues that the disparity took place because a lot of the new user growth was in the thriftier Asian region, but that's also not much of a selling point if its greatest growth is taking place where users will be spending less."

The reporter with Aristotle for a middle name (what a byline) then goes on to say that he can't yet side with the cynics, but for Skype to succeed to any real degree long-term, eBay is going to have to do better with it.

I'll see you on that, Aristotle, and even raise you one.

>To order reprints of this article, click here: Reprints

A journalist with a background on Wall Street, Marek Fuchs has written the County Lines column for The New York Times for the past five years. He also contributes regular breaking news and feature stories to many of the paper's other sections, including Metro, National and Sports. Fuchs was the editor-in-chief of Fertilemind.net, a financial Web site twice named "Best of the Web" by Forbes Magazine. He was also a stockbroker with Shearson Lehman Brothers in Manhattan and a money manager. He is currently writing a chapter for a book coming out in early 2007 on a really embarrassing subject. He lives in a loud house with three children.

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