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eBay writes off some Skype. What does it mean for investors?
On Monday, eBay (NASDAQ:EBAY) announced a $1.43 billion charge against profits and thus confirmed what many had long suspected -- eBay overpaid for Skype. So what does the write-off mean for investors? What is eBay's Skype strategy? And how does Skype stack up against similar initiatives from Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT)? In this installment of "Fool Video," Motley Fool Online Managing Editor LouAnn DiCosmo talks telephony with Fool senior analyst Seth Jayson.
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Seth and Lou own shares of Microsoft. Neither Lou nor Seth owns any of the other stocks discussed. Seth is a top-10 CAPS player. See his latest CAPS blog commentary here. View his stock holdings and Fool profile here. Microsoft is an Inside Value recommendation. Fool rules are here.