Hunter
msg:640431 | 9:58 pm on Feb 7, 2002 (gmt 0) |
Looks like it's been delayed until next week: [thestreet.com...]
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jimbo_mac
msg:640432 | 11:52 pm on Feb 7, 2002 (gmt 0) |
happened to come across this article earlier. [techtv.com ] not good news.
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Brett_Tabke
msg:640433 | 6:56 am on Feb 8, 2002 (gmt 0) |
| The company says it plans to use the money to buy equipment, improve processing of payments and expand overseas. |
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[wired.com...] It's one of the few stocks (other than ebay) I've been positive about for quite awhile. I think in just a few years time, PayPal will challenge Visa/MC worldwide as the defacto online payment method.
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tilt
msg:640434 | 11:51 pm on Feb 8, 2002 (gmt 0) |
> PayPal will challenge Visa/MC worldwide as the defacto online payment method. PayPal started as the defacto online payment method before Visa/MC knew what the web was. Now Visa/MC is the defacto standard because of better web security standards and because of brand recognition. PayPal doesn't have the brand recognition that Visa has, but this ipo will help them gain recognition. PayPal is the choice for small e-bay type transactions. They'll have to work hard to become the choice for larger purchases and larger merchants. Buyers like PayPal because it's free. For sellers, it's more expensive than Visa/MC unless you do a very large volume of sales. [speculation]
Buyers who use PayPal tend not to have Visa/MC cards. That implies either bad credit or youth. Not a lot of buying power.
[/speculation]
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Hunter
msg:640435 | 9:16 pm on Feb 15, 2002 (gmt 0) |
PayPal IPO Rises 60 Percent in First day of Trading: [story.news.yahoo.com...] Personally, I'm not gonna be too interested until it has had a bit of time to trade. It's kinda hard to read charts that only show one days worth of trading data :)
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