I thought this was pretty impressive.

Ebay earns 200 million in first quarter (http://apnews.myway.com/article/20040421/D823F24O0.html)

I wonder if those figures include their subsidiary PayPal. That was a very profitable acquisition allowing them to make money both on the listings and on the payments as well.

No doubt, smart move aquiring paypal. Thing is too, they can keep the other online payment companies out of the fray. So whatever percentage of auctions are transacted online, they make more money on. From my selling experience, I would say that a good 80 to 90% of auctions are paid thru Paypal.

Yeah, this shows that there is still money to make online... with good ideas and a big following nothing is impossible.

Just like any business, a solid business model is what makes or breaks you. The businesses that went down in the bubble burst really weren't solid by any standard. Any solid business managed well will make money on the internet. :)

Maybe ebay would be a good stock to buy?