So I missed some of the other questions. Bob Swan is saying that they will re-invest in the marketplace. G&A leverage (may mean layoffs).
Donahoe - Listings growth with multi-item listings will become for prevalent so they are going to concentrate on sold items. (Amen)
Q. on Demand even in spite of the new marketin campaign.
Donahoe - Scale of the sites traffic up up 7% - More talk about the Buyer Experience. Improve the ease and safety on eBay. Not much on marketing. More online then offline (TV)
Bob Swan talking about the lesson they learned from their Non-GMV business to come up with their guidance for 2008
That is the end of the call. More as I get the transcript.
Just my 5 cents!