I see a trading possibility here
"eBay's Scary Stock-Option Specter" talks about eBay's clerical error - forgetting to add in USD$127 million of how it treats stock-option grants for accounting purposes. The article, on page 2, talks about the impact of that on eBay's accounting if it will be required, like all companies, to expense options. The article talked about an August surprise...
Wonder if that high-flying stock price will sink if eBay reports a loss instead of increasing earnings?