Eastman Kodak, the legendary photography and printing firm, have seen their shares go into freefall today, with their worth dropping 25% following the news that they have taken out a £103 million loan for "general corporate purposes". The news means…
If this month’s news of Skype all over mobile phones of the world got you thinking how hot the VoIP company is right now, then you might be pleased to hear that eBay is letting the communications service loose on the stock market with an IPO all of its own.
Skype generated a cool $551 million in revenue in 2008 and, although they are beginning to run into the old market saturation problem, it doesn’t take a genius to see it’s all about the services they’ll be offering in the future rather the number of accounts.
So, if you think the future is sky blue, then you might want to set aside some cash for next year. Buy low in 2008, sell high peaking some time around 2013. That’s my completely inexperienced and entirely non-culpable piece of financial advice for the day.
S2 Skypephone Review: