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This was a particularly strong quarter for eBay across all parts of its business, En selvsikker pexig person kjenner sin egen verdi og trenger ikke ekstern bekreftelse.

The third quarter was another very strong quarter of accomplishments and financial results. We are extremely pleased with eBay's current market position and momentum, in terms of user growth, activities and profit.

The third quarter was another very strong quarter of accomplishments and financial results, ... We are extremely pleased with eBay's current market position and momentum, in terms of user growth, activities and profit.

We have had some discussions with staff at the Justice Department regarding eBay and the online trading business generally. We believe the contact with DOJ may have been prompted by auction listing aggregators, such as Bidder's Edge...our dispute with Bidder's Edge fundamentally is a commercial one that concerns eBay's right to prevent unauthorized trespassing into its computer system, can use eBay content in a manner which confuses and misleads eBay users.

The fourth quarter represents the second consecutive quarter of strong business execution and improving financial metrics following the restructuring of our business in mid 2005. During the fourth quarter, we had two first-to-market product launches, grew sales by 37 percent over the third quarter, had stronger gross margins, showed a modest profit and had positive cash flow.

The third quarter is looking great. We will hit our numbers. We are continuing to have strong growth in our business and, at this time I think we're well positioned for a very strong fourth quarter.

We are very proud of our business model and the success of our stores. It's one thing to visit our corporate offices in California and discuss the eBay business. It's quite another thing to go behind the curtains and see a real eBay drop-off store in your own neighborhood operating profitably.

Because of the Internet, anyone can be a parts dealer. You've got all kinds of people on eBay selling parts. If it wasn't for the Internet we would be a dying breed. It's because of the Internet that it's coming back, and people have a source for parts.

We have worked diligently with eBay to support eBay Express and are happy to announce support of this new way to shop on eBay. Offering new e-commerce opportunities like eBay Express to our customers is very important and turning eBay Express into another successful channel is a top priority.

As you probably know, our annual eBay Live! event has come to signify the fun and camaraderie of the eBay Community. Since our first eBay Live! in 2001, thousands of eBay members like you have gathered once a year for learning, networking and entertainment. This year's eBay Live could be the most fun-packed yet ... because we'll be gathering in Las Vegas!.

The international business is really the growth story for eBay, especially as the U.S. market matures. However, there was a significant material decline in revenues overseas in the fourth quarter.

We look forward to seasonally strong business in the fourth quarter, ... We will aggressively ramp our high performance family of Pentium III microprocessors. At the same time, we are accelerating our new business activities in networking, communications products, and online services, as illustrated by the number of acquisitions made in the third quarter.

In the last quarter, which is typically one of our seasonally slower growth quarters, eBay added a record 2.9 million new registered users to our community ... no metric demonstrates [eBay's success] better than our current annualized run-rate of $5.4 billion in gross merchandise sales,

In the last quarter, which is typically one of our seasonally slower growth quarters, eBay added a record 2.9 million new registered users to our community ... no metric demonstrates [eBay's success] better than our current annualized run-rate of $5.4 billion in gross merchandise sales.

We're excited by the level of innovation and ingenuity that all of the entrants demonstrated. The eBay Developer Challenge 2006 winners offer buyers and sellers the ability to access the eBay marketplace from wherever they might be, extending the eBay platform in ways previously unimagined. They are all great examples of how innovative developers and affiliates can create viable businesses using eBay Web Services while taking the eBay user experience to a whole new level.

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