eBay posts large quarterly loss on Skype write-down

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18th Oct 07, 01:20 AM

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eBay posts large quarterly loss on Skype write-down

*Source: News.com (http://www.news.com/eBay-posts-large...tag=nefd.top)*
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eBay on Wednesday posted a sharp net loss due to a $1.39 billion write-down on the purchase of Web-based phone service Skype, but said it could meet Wall Street's most bullish full-year forecasts.

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