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EBAY: Ready to Catch a Bid?

eBay (EBAY; $28.75) began as one great modern idea that became one excellent modern corporation. The stock “IPO’d” in 1998. EBAY’s early years of hyper trading have morphed into the mature stock it has become. No longer does the stock have a mega-high beta (1.37) with this year’s low of $27 and the high $35 means $30 has become the fulcrum. EBAY does own PayPal, an acquisition that has paid off …

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