Archive for October, 2007
Overstock.com’s Patrick Byrne is Randy Moss
Well, Overstock had a blowout quarter this morning. The top line may not blow you away but the company managed to grow while dramatically driving down costs. It’s the first non-holiday quarter in which the company posts positive EBITDA, setting the stage nicely for a strong Q4 here.
Anyway, since I had knocked Byrne in the past, I figured I’d give him credit for what appears to be a turnaround. Comparing his renaissance to the rebirth that Randy Moss is experiencing in New England this season seemed like a fair comparison on several different levels. Check it out and you decide.
Posted: October 19th, 2007 under Internet.
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