tag:blogger.com,1999:blog-16596192.post3676558203272779908..comments2008-05-07T16:35:15.943-07:00Thomas Aquinashttp://www.blogger.com/profile/15804830439308912945agentroark@gmail.comBlogger6125tag:blogger.com,1999:blog-16596192.post-54140594235665826312008-05-03T14:15:00.000-07:002008-05-03T14:15:00.000-07:00"Mohinsh Pabrai"<BR/><BR/>I am the last one to comment on spelling, but I was in the neighborhood.cbryanhttp://www.blogger.com/profile/16412232075691689303noreply@blogger.comtag:blogger.com,1999:blog-16596192.post-35508852762051581022008-04-07T01:22:00.000-07:002008-04-07T01:22:00.000-07:00hey mike<BR/>why not just buy Amazon<BR/>cosider the internet as a low margin business you have to have volue and growth.<BR/>Amazon is taking ebay;s business <BR/>stick with the better companyBrenthttp://www.blogger.com/profile/10160496993609327753noreply@blogger.comtag:blogger.com,1999:blog-16596192.post-83296511750127173012008-04-02T11:48:00.000-07:002008-04-02T11:48:00.000-07:00A bird in the hand (consistently profitable company) is better than two in the bush ("well on the way to achieving profitability").Davoshttp://www.blogger.com/profile/17117559766811174242noreply@blogger.comtag:blogger.com,1999:blog-16596192.post-26188277467293339472008-03-29T06:04:00.000-07:002008-03-29T06:04:00.000-07:00I don't believe Overstock has a moat. Amazon is the real wide moat company in this space. Amazon has the better brand, better technology, and a better cost structure. Also, Overstock is really competing against eBay sellers, which also sell overstocked goods, but have much lower fixed costs.Georgehttp://www.blogger.com/profile/13592313908014923842noreply@blogger.comtag:blogger.com,1999:blog-16596192.post-32229823819529599982008-03-28T17:06:00.000-07:002008-03-28T17:06:00.000-07:00Their revenue hasn't grown over the past two years because they are focusing on the partnership business, the revenue from this business grew about 20% over the last year.<BR/><BR/>Also, their gross profit grew 34% over the last year, the ability to keep cutting costs and scale the variable expenses will drop a lot more revenue to the bottom line and allow them to grow.<BR/><BR/>Also, new, and vastly improved advertising should contribute to the bottom line.<BR/><BR/>I do not believe we are entering a recession, unemployment rates are low, personal income is rising and manfacturing is growing very well, we have not had a single quarter with negative GDP growth.<BR/><BR/>Even if we were entering a recession the very low prices Overstock offer would give it an advantage.Mikehttp://www.blogger.com/profile/15804830439308912945noreply@blogger.comtag:blogger.com,1999:blog-16596192.post-90344009371904494882008-03-28T15:13:00.000-07:002008-03-28T15:13:00.000-07:00I also own the stock. What makes you believe that they are going to grow 15% for the next two years? They haven't grown 1% in the last 18 months. We also entering a little recession also.halfhenryhttp://www.blogger.com/profile/13628602472329463491noreply@blogger.com