Remember This Acronym from the 90s? “IPO”

According to Bloomberg and several other sources, is planning to spin off with an . Read the story here.

Apparently, Skype has never quite fit in with EBay. Here’s an excerpt:

    “The only problem with Skype is it’s part of EBay,” said Jeff Lindsay, an analyst at Sanford C. Bernstein & Co. in New York. “It’s a marriage made in hell. They will make more money from spinning it out than they ever could by keeping it.”

    The IPO could raise $500 million to $1 billion for EBay, depending on how much equity the company gives up, said Paul Bard, an analyst with Renaissance Capital LLC in Greenwich, Connecticut. Skype’s market value could be $3 billion to $5 billion, he said. Goldman Sachs Group Inc. will lead the underwriting.

Me, I’ve just started to use Ekiga. I’ve made one perfect outgoing call to a land line and received my first incoming call last night. Unfortunately, it was garbled. This too shall pass.

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