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Posted By Barry Ritholtz On February 16, 2007 @ 1:45 pm In Corporate Management,Earnings,Web/Tech,Weblogs | Comments Disabled
Overstock shareholders must be 1st rate fools happy to own a 2nd rate internet retailer managed by a 3rd rate CEO whose 4th quarter numbers were awful (400-bps gross margin miss and a 100% negative variance on EPS?), and for the 5th consecutive Q  missed the prior sunny forecasts we can expect to be missed for a 6th time in May.
There are 9,000 publicly traded companies out there; Why does anyone even bother with this POS?
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2007/02/overstockcom/
URLs in this post:
 Herb Greenberg: http://blogs.marketwatch.com/greenberg/2006/06/more_questions_.html
 Jeff Matthews: http://jeffmatthewsisnotmakingthisup.blogspot.com/search?q=overstock
 Sith Lords: http://www.theregister.co.uk/2005/12/03/overstock_issues/
 consecutive Q: http://blogs.marketwatch.com/greenberg/2007/02/investors_burne.html
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