- Reportedly.com - http://www.reportedly.com -
Overstock.com’s Patrick Byrne is Randy Moss
Posted By Rick On 19th October 2007 @ 21:13 In Internet | No Comments
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. [1] Check it out and you decide.
Article printed from Reportedly.com: http://www.reportedly.com
URL to article: http://www.reportedly.com/2007/10/19/overstockcoms-patrick-byrne-is-randy-moss/
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[1] Check it out: http://www.fool.com/investing/general/2007/10/19/patrick-byrne-is-randy-moss.asp
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