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1,712 Posts
Yea, I noticed they raised listing fee's after the new year. The company is a monster it's so huge. I also read that it was a woman who started this company. Guess we know who wears the pants in her family.

2,815 Posts
terry9911 said:
Yea, I noticed they raised listing fee's after the new year. The company is a monster it's so huge. I also read that it was a woman who started this company. Guess we know who wears the pants in her family.
It was actually a guy who founded Ebay, his name is Pierre Omidyar. :)

3,518 Posts
simple math equation... most companies run off of 20-30% profits, so i'll use 25% in this equation.

item costs $20, mark it up 25%, sell for $25 - Profit = $5
item costs $30, mark it up 25%, sell for $37.5 - Profit = $7.50

Then if they sell more, theres going to be more profit.

People associate "Profit" with price guaging, which is untrue. Just because the price of the product increase, makes the profit increase on said item, not because they are guaging the price.

Kind of the same with gas prices, due to the price of gas going up(from whom they buy from... which is making the money), the profit that said company makes is obviously going to go up.

In this case, maybe eBay had to raise its prices due to its prices being raised (maybe they need more server space/bandwidth as it is continually growing, maybe they hired more people to help and asses problems with programming issues and customer relations).

FnF: Fords n Ferraris
7,828 Posts
TheDarkCutlass said:
simple math equation... most companies run off of 20-30% profits, so i'll use 25% in this equation.................

Oh man, is there going to be a test on this later? I hate math.

1,712 Posts
It was actually a guy who founded eBay!, his name is Pierre Omidyar.

I stand corrected,,, but I swear I read something that said a woman started Ebay. A successful man is defined as someone who has more money than his wife can spend. A successful woman is defined as someone who can find a man like this.

10,980 Posts
terry9911 said:
It was actually a guy who founded<a href="http://rover.ebay.com/rover/1/711-1751-2978-71/1?AID=5463217&PID=1606754&mpre=http%3A//www.ebay.com"> eBay!</a>!, his name is Pierre Omidyar.

I stand corrected,,, but I swear I read something that said a woman started<a href="http://rover.ebay.com/rover/1/711-1751-2978-71/1?AID=5463217&PID=1606754&mpre=http%3A//www.ebay.com"> eBay!</a>. A successful man is defined as someone who has more money than his wife can spend. A successful woman is defined as someone who can find a man like this.
Terry9911 I ask you to look into the role of women in the business place. There is a Female CEO at E-bay, Meg Whitman i think is her name. This is not an attack just a wake up call to a male dominated world. The other half of the world is competent and capable. :wave:

Here are some others:
Catherine Elizabeth "Cathy" Hughes
Radio Personality, Executive
Born Catherine Elizabeth Woods, she attended Creighton University and the University of Nebraska at Omaha but did not graduate. Around 1969 she began working at KOWH, a black radio station in Omaha, handling various jobs, and becoming well known.

Her success prompted the School of Communications at Howard University in Washington, DC, to offer her a job as lecturer. In 1973 she became sales director at WHUR-FM. Two years later she became the station's general manager, boosting sales revenue to $3.5 million from $300,000.

In 1979, she and her husband, Dewey Hughes, purchased a small Washington radio station, WOL, creating Radio One. Her marriage eventually ended, and she bought her husband's share in the station. But Hughes was forced to give up her apartment and live at the station for a time in order to make ends meet.

Over time, she made the station profitable, and her own talk show became a hit. By purchasing stations in other cities, the company eventually became the nation's largest black-owned radio chain. She is the first African American woman to head a firm publicly traded on a stock exchange in the United States. She has been married twice and has one son.

Muriel "Mickey" Siebert
Siebert attended Western Reserve University (now known as Case Western) but dropped out after two years when her father got cancer. In 1954 she arrived in New York City with $500 to search for a job. She was hired as a trainee research analyst at the Wall Street. firm Bache & Co. She later worked as an analyst at a number of firms.

In 1967 she became the first woman to purchase a seat on the New York Stock Exchange (NYSE). For ten years she was the only female among the 1,366 members. In 1969 she became the first woman to own and operate a brokerage firm that belonged to the NYSE, Muriel Siebert & Co, now Siebert Financial Corp.

In 1975 when the U.S. government abolished fixed commissions for stockbrokers, Siebert turned her company into a discount brokerage firm. In 1977 she was named New York State banking superintendent. She stepped down in 1982 to run for the senate but lost the Republican primary.

Since then Siebert has run her company and been involved with charitable work. She is often called "The First Woman of Finance." In 2002 her autobiography, Changing the Rules—Adventures of a Wall Street Maverick, was published.

Mary Kay Ash
Business Executive
Founder of Mary Kay Cosmetics, one of the largest beauty products firms in the United States, Ash sold a child psychology book door to door in the late 1930s and then was a sales representative and manager at the Stanley Home Products Co. from 1939 to 1952. Later, she was national training director at the World Gift Co.

In 1963, with $5,000, she founded Mary Kay Cosmetics in a Dallas storefront. The firm sold products door to door using nine saleswomen, called "beauty consultants." The business grew steadily, helped by Ash's positive philosophy and her generous use of incentives, such as free pink Cadillacs and diamond jewelry, for successful sales people.

Mary Kay was active in her company until she suffered a stroke in 1996. Her son, Richard Rogers, then took over the reins of the company. At the time of her death in November 2001, Mary Kay Cosmetics had over 800,000 representatives in 37 countries and more than $2 billion in retail sales.

Judith Regan
Growing up on Long Island, Regan earned a BA in English from Vassar College. In the late 1970s, she studied voice and worked as a secretary before becoming a reporter for the National Enquirer. In 1987 Regan proposed a book on American families and their role models to Simon & Schuster. The editors were impressed, and she joined Simon & Schuster, developing a string of best-selling celebrity "tell-all" books, including those by talk show host Rush Limbaugh and radio personality Howard Stern.

Her aggressive, sales-oriented approach was highly successful, but critics charged she was undermining publishing by manufacturing personality-driven books. In 1994 Rupert Murdoch gave Regan her own imprint at HarperCollins, ReganBooks, and a TV show on Fox News. A Manhattan resident, Regan is divorced and has two children.

Marjorie Scardino
Business Executive
After growing up Texarkana, Tex., where she participated in rodeos as a teenager, Marjorie Morris earned a BA in French and psychology from Baylor University in 1969. She began law school at George Washington University but dropped out to become a journalist.

She later married Albert Scardino, a journalist, in California, and she got a law degree from the University of San Francisco in 1975. They moved to Savannah three years later, where Scardino became a lawyer. She and her husband purchased a weekly newspaper, the Georgia Gazette, which won a 1984 Pulitzer Prize. The paper eventually folded.

In 1985 Scardino became managing director of the North American division of The Economist, a London-based business magazine. She increased circulation and profits. In 1992 she became CEO of The Economist Group.

In 1997 Scardino was named CEO of Pearson, a $3.5 billion international media conglomerate based in London, which owns 50% of The Economist. Scardino decided to focus Pearson as a media company, selling such unrelated properties as Madame Tussaud's Waxworks, and purchasing various educational and publishing properties.

Scardino is the first woman to head a top 100 firm on the London Stock Exchange. She and her husband live in London and have three children.

Carleton "Carly" Fiorina
Former President & CEO, Hewlett-Packard Company
H-P, the world's second-largest computer maker, is one of the 30 so-called "blue-chip" companies that makes up the Dow Jones Index and has close to $50 billion in annual revenue. It is ranked #13 on the Fortune 500 list.

This former AT&T employee was already crowned the most powerful woman in American business by Fortune magazine before joining HP. She had successfully guided a spinoff company, Lucent Technologies Inc., out from the shadow of AT&T and through an IPO worth $3 billion in 1996. When Fiorina took over HP in 1999, she was hailed by the media as a star who would rescue the ailing high-tech giant. But her initial success at Hewlett-Packard began to falter with the $19 billion acquisition of Compaq Computer in 2002, referred to by some as "Fiorina's Folly." The deal was vehemently opposed by the heirs of HP's founders. Fiorina prevailed, but most industry analysts considered the acquisition a mistake, and HP's stock stagnated in the two years following the merger. Fiorina was also faulted for not fostering HP's long tradition as an innovator. In Feb. 2005, her six-year tenure at Hewlett-Packard ended when she was abruptly ousted.

Fiorina moved around a lot as a kid and spent time at high schools in Ghana, England, and the United States. She graduated with honors from Stanford where she studied medieval history and philosophy, and then went on to law school at UCLA. After two weeks she knew following her dad's footsteps into the law field would not make her happy and she dropped out. Breaking the news to her dad (a federal court judge) was one of the hardest things she's ever had to do, she said. In 1980, at age 25 she landed an entry-level job with AT&T and steadily rose through the ranks until finally landing atop Lucent.

Shelly Lazarus
Chairman & CEO, Ogilvy & Mather
Ogilvy & Mather Worldwide is one of the biggest ad agencies in the world and lists IBM, American Express, Mattel, and Ford among its clients.

The most powerful woman in advertising, Lazarus took over for the company's first woman CEO, Charlotte Beers, in 1997.

Lazarus didn't consider a career in advertising until her senior year at Smith College when she was stirred up by a conference given by the Advertising Women of New York. She graduated in 1968 and earned an MBA in 1970 from Columbia, where she was one of four women in her class. She joined Ogilvy & Mather in 1970 and gained her reputation by supervising accounts for Avon, the Ralston Purina Co., and Campbell Soup Co., and later signing multi-million dollar deals with American Express and IBM.

Meg Whitman
President & CEO, eBay Technologies
eBay is one of the Internet's most popular sites. It's an online auction house that describes itself as "the world's largest personal online trading company."

On paper she may have been the richest woman CEO in America, thanks to her eBay stock options and the company's amazing IPO in 1998. Ranked third on Fortune's Most Powerful Women list, Whitman is steadily guiding one of the few dot-com companies making money.

During her high school years she planned a career in medicine and entered the program at Princeton University. She switched to business studies after her experiences at a summer job in which she sold advertising for a campus publication. She graduated with an economics degree in 1977 and earned her MBA at Harvard Business School two years later.

Whitman became president of Stride Rite, a division of the shoe maker that manufactures Keds, and a chief executive of Florists' Transworld Delivery (FTD). She joined Hasbro Inc.'s preschool division in 1997 where she was responsible for global marketing of Playskool and Mr. Potato Head brands. Since joining eBay (in March 1998) Whitman has helped navigate the Internet company through well-publicized computer problems and helped make the company into a leading Internet startup.

Andrea Jung
President & CEO, Avon Products
Avon is the world's leading direct seller of beauty and related products which are sold in 135 countries with sales of $5.2 billion worldwide. It was ranked #312 on the Fortune 500 list. Jung's road to the top of Avon was paved with persistence. Passed over for the CEO position in 1997, Jung was promoted in 1999 and has since energized the company with her retail experience and acclaimed marketing wizardry.

Jung attended Princeton, majoring in English literature, and graduated magna cum laude in 1979. Her remarkable retailing career began at Bloomingdale's when she joined the company's management trainee program. She quickly climbed the management ladder before jumping to San Francisco retailer I. Magnin, and later Neiman Marcus, where she was executive vice president.

Jung began her career at Avon as a consultant before signing on full-time in 1994. Despite her leadership in the company's global marketing initiatives as a COO, the vacant CEO position went to Charles R. Perrin, a former Duracell International executive who had no cosmetics experience. Today Jung is sitting on top of this unique Fortune 500 company with more women in management positions than any other. In fact, half of Avon's board of directors are women.

In 2001, she was elected chairman of Avon's board of directors and from 2001–2005 she served as the first woman elected chair of the Cosmetic, Toiletry, and Fragrance Association.

Cathleen Black
President, Hearst Magazines Division
Hearst Corp. is the world's largest publisher of monthly magazines, including Cosmopolitan, Esquire, Good Housekeeping and Harper's Bazaar.

Black made history in 1979 by becoming the first woman publisher of a weekly consumer magazine. Since taking the reigns of this publishing giant, she has revitalized some of its most popular titles.

Black began her career selling ads for magazines like Holiday and Travel & Leisure before joining New York magazine in 1970. She helped launch Ms. magazine two years later and rose to associate publisher. Black then agreed to return to New York magazine with the understanding that if she improved business, she would be made publisher. In 1979, she was named publisher of New York magazine.

In 1983 she took over a new national newspaper called USA Today and by 1991 the paper's circulation rose to 1.8 million, second only to the Wall Street Journal. Black left USA Today to head up the Newspaper Association of America, the leading lobbying group for the industry. In 1995, she was hired to run Hearst Magazines, becoming the first woman to hold the position. She is also on the board of directors of IBM, and Coca-Cola.

Anne Mulcahy
Chairman and Chief Executive Officer, Xerox Corporation
The CEO job Anne Mulcahy took over in 2001 was a daunting one: haul the beleaguered copy giant Xerox out of its crippling debt and set it on the road to recovery.

After graduating from Marymount College, Mulcahy worked for two years at Chase Manhattan Bank. She then went to Xerox where she started as a field sales representative in 1976 and climbed to increasingly higher management positions. She logged in three years as vice president for human resources before becoming chief staff officer in 1997 and corporate senior vice president in 1998.

When Mulcahy became CEO in 2001, the company debt was over $17 billion dollars. Her solutions seemed draconian—she chopped more than 30,000 jobs, eliminated entire divisions, and sent manufacturing overseas to Taiwan. Her efforts appeared to be getting results as the year-end 2005 announcements included a 9% net income increase and a debt balance of $7.3 billion.

Patricia Russo
Chairman and Chief Executive Officer, Lucent Technologies
When AT&T spun off its Bell Labs systems and technologies division as Lucent Technologies, Patricia Russo was one of the people guiding the new company through its birth pangs. As executive vice president of corporate operations and CEO of Service Provider Groups she was there as Lucent rode high on the 1990s technology wave.

After earning a degree in political science and history from Georgetwon University, Russo stepped into an eight-year stint at IBM. She joined AT&T in 1981 and her success in restructuring a wobbly Business Communications Systems division into the new company Avaya, Inc. in 1989 paved the way for her role in Lucent's own spinoff in 1996. She took a brief detour (less than a year) as president and chief operating officer of Eastman Kodak but returned to take over Lucent as CEO in 2002 and then became chairman in 2003.

When she took over Lucent in 2002, the company's share price was a dismal $1. She promised a return to profitability by the end of 2003, a promise kept through cost cutting, staff reduction, and cutting retiree benefits. The four quarters of 2004 also showed an increase but the stock price slacked off in 2005. Irate stockholders voted in 2006 to tie executive pay with performance. In 2005, Russo's compensation package was $1.2 million salary, $1.95 million bonus, and $8.7 million in stock options and restricted stock.

Brenda Barnes
Chief Executive Officer, Sara Lee
Brenda Barnes shocked the business world in 1998 when she left PepsiCo to spend more time with her family. Not that she went cold turkey—she kept her finger in the corporate pie by serving on seven boards, teaching a graduate school class, and serving as interim president of Starwood Hotels for five months. But she had been pegged as PepsiCo's first female head and her move appeared to be career suicide.

After a 1975 graduation from Augustana College in Illinois, Barnes took a job with PepsiCo subsidiary Wilson Sporting Goods. She had spent 22 years at Pepsi and made it to CEO of Pepsi-Cola North America when she dropped her bombshell. Once her children were in high school and college she accepted a job at Sara Lee in 2004 and then the top post in February 2005, becoming the CEO of the largest corporation with a woman at the helm.

It was another case of sending in a woman to clean up a corporate mess (see Anne Mulcahy and Patricia Russo). Barnes has begun a massive restructuring of the conglomerate with centralization a key goal. Previous management had focused on acquisition and had neglected marketing and innovation and the company has been in a seven-year downward spiral. She plans to spin off some of the clothing businesses and focus on the food and household goods sectors. Despite some Wall Street pundits skepticism and a few snags in her plan, she is determined to increase the company's current 7% operations to more than 12% by 2010.

1,985 Posts
Well I own stock in the Bay, and this little bump gets me back to even. Let's hope the upturn continues (for my sake anyway!).

I thought I'd be in better shape with this stock by now............... but I'm holding onto it.
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