In april 2003, analysts at morgan stanley and prudential has set 12-month target prices of $106 and $108 for the firms ebay. at tht time, ebay's stock was $89.22 and the consensus forecast for ebay's was 1.45. subsequently, ebay split its stock two-for-one. its actual eps turned out to be $0.82 (postsplit, corresponding to $1.64 on a presplit basis), and on april 30, 2004, ebay stock price closed above $82 ($164 on a presplit basis), and the consensus analyst eps forcast for the subsequent 12 months was $1.18 (postsplit). discusss whether the stock of ebay was efficiently priced in april 2003.