Wednesday, January 21, 2009

A Tale of Two Tech Stocks

Apple reported better than expected for the quarter after the close and the guidance isn't all that bad. There is potentially lots more momentum in the franchise. The stock is trading up nicely in the aftermarket. Up - good.

Ebay's core markets look like they are maxed out. Gross merchandise value was down in the Q and missed estimates. Down is bad.

The conference calls might offer some different insight but I doubt it. Maybe by degree but not directionally.

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