Wednesday, December 20, 2006

Cramer: Gmarket is the next eBay

Cramer said that Internet companies should be considered not for value but for growth. Yesterday, Cramer was discussing the next eBay Inc. (NASDAQ:EBAY) as a stock called Gmarket Inc. ADS (NASDAQ:GMKT). Gmarket is the established eBay-type site in South Korea and it is winning on the home turf. GMKT popped 10% to $22.60 in after-hours trading yesterday and is up nearly 4.5% in pre-market this morning.

Read more http://www.bloggingstocks.com/2006/12/19/cramer-gmarket-is-the-next-ebay/

No comments: