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Morning stock check: Oracle up, Franklin Resources down
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Related Topics: SAN FRANCISCO
On the flip side, stocks of Franklin Resources, Inc. (BEN) were down more than 1 percent in early trading, with Flextronics International Ltd. (FLEX) and Santa Clara-based Altera Corporation (ALTR) also down by less than a percent each.
In addition to leading the pack early trading stock value, Oracle had the most stocks changing hands Thursday morning at nearly 24 million. Cisco Systems, Inc. (CSCO) and Intel Corporation (INTC) were also trading at high volume.
The Dow Jones Industrial Average, overall, has been trending downward since the start of business Thursday. But it was up nearly a tenth of a percent and trending back upward as much of the Bay Area started getting into work.
In other stock news, Oracle reported that its shares, which were performing very well Thursday morning, surged as earnings rose past 35 percent. Also, Google, Inc. (GOOG) announced it has plans to create its own version of community info-sharing Web site Wikipedia.
Comments from Examiner Readers
8:35 AM MST on Thu., Nov. 8, 2007 re: "Morning stock check: SanDisk up, eBay down"
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3:28 PM MST on Wed., Nov. 7, 2007
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7:11 PM MST on Thu., Nov. 1, 2007
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10:01 PM MST on Mon., Oct. 22, 2007
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3:35 PM MST on Mon., Oct. 22, 2007
re: "Morning stock check: SanDisk up, eBay down"
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Examiner Reader said:
in my experience. Tried EBAY a few times. Every time it summed up as ME posting stuff and paying to post it and getting NO sale. I now use Craigs list exclussively. Sold my car through Craigs few months back took 3 days and got like multiple calls from real buyers. Craigs was way Cheaper AND much better results - made it a nobrainer. Anyone says different must be an investor or employee of EBAY. This seller never using Ebay again ever.
199 agree | 216 disagree
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Examiner Reader said:
It's ironic that some people fault E-Bay for "being greedy and making money," when in fact it's the people who use E-Bay to try to sell their wares who are "being greedy and making money." I guess if a business tries to maximize their profit, it's bad, but if a private citizen tries to do the same, then that's how capitalism works.
209 agree | 233 disagree
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Examiner Reader said:
Ebay has gotten greedy and is also trying to FORCE everyone to use PayPal to get more money from the seller. J K
200 agree | 212 disagree
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Examiner Reader said:
Absolutely agree, The fees make it largely unprofitable to sell anything anymore. It's also the reason you see a lot of items with a value of $65.00 selling for $1.00 but carrying freight charges of $60.00. You don't pay fees on the freight. It's against ebay policy, but everyone does it (even though ebay encourages you to turn violators in through the new feedback system). It's also become a haven for Phishers and Nigerian Scammers. Ebay can't end the fraudulent auctions fast enough. They've definitely lost their lustre. I hardly buy or sell anything over there anymore. The've just become GREEDY.
237 agree | 248 disagree
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Examiner Reader said:
I hope eBay goes to HELL!! They are like Wal-Mart in every sense. Profits, profits and more profits. The employees/sellers can get lost as far as either of the companies are concerned. It is truly all about the money.
255 agree | 219 disagree
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