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Technology Stocks : PayPal Inc. - PYPL
PYPL 75.16+2.1%9:50 AM ESTNews

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To: epicure who wrote (5)7/8/2002 7:55:28 AM
From: AugustWest  Read Replies (2) of 99
 
eBay to Acquire PayPal
Shared Mission Will Expand Platforms and Benefit Consumers
biz.yahoo.com

I owe someone an apology. I never thought in a million years ebay would buy them. I guess I was wrong.
But why would ebay buy out the remaining interest in BillPoint from Wells just a few months past only to dole out more cash for another payment company?

Oh well, consolidation is the name of the game I suppose.
At least it keeps the competition's fingers(Wells) out of their business.
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