valueman

Blue Nile Appears Highly Overvalued

I was wondering how you got that mgmt Q4 forecast represents 15% year-over-year growth. Top line, they are forecasting revenue between $109mm and $115mm. The top end here would represent 27% y-o-y growth. And similarly with EPS forecast. I do not disagree with your short thesis, but I do think your numbers may be wrong.