legaljunkie

Patrick Byrne’s Hype versus Overstock.com’s Financial Performance

Sam,
This is the most reasoned argument I have seen you make and looks like your financial projections make sense. I don't know if I aggree with your conclusions but the analysis is sound and the target of 2.5% gross margin and 30% growth in the fourth may be tough to beat. I would not go so far as to it is impossible however. They just need to find another rabbit in the hat like they pulled out in Q1. I think OSTK just needs to break even to create a good deal of excitement though.