Crunching Numbers
Long only, dividend investing, media, telecom

PFSWeb - Do You Remember When E-Commerce Was The Buzzword?

Did you ever have one of those stocks you bought years ago, watched it go down, never sold, and occasionally wonder what to do with it? Do you hold, ever the optimist, expecting a miraculous recovery? Do you sell for tax losses? Wait for it to disappear when it either goes out of business, is eventually sold, or merged into another company?

I have held onto more than my share. One of these, PFSWeb (NASDAQ:PFSW), has been hanging around in my portfolio for more than a decade. It was a company that was spawned during the Internet bubble out of a supplies company called Daisytek International Corporation, a company that filed for Chapter 11 bankruptcy in May of...

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