Skype's Post-Hype Future

eBay is only slowly unveiling plans for making the most of its multibillion-dollar acquisition. Execs say the best is yet to come

Ever since eBay (EBAY) spent big bucks last September to buy the Internet phone service Skype, the $2.6 billion-plus question on many skeptics' lips: Huh? Some analysts wondered why eBay would pay so much for a money-losing company with less than $100 million in revenue and a slew of rivals, especially when Skype's connection to the eBay marketplace business seemed tenuous.

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