E-Commerce Times Talkback

Re: Overstock.com Follows PayPal's IPO Path
Posted by: Keith Regan 2002-03-08 08:06:12

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Apparently hoping to ride the coattails of PayPal's successful Internet IPO -- the first
in well over a year -- closeout e-tailer Overstock.com has filed for its own initial
public offering. But some analysts expressed doubts about the company's prospects. "PayPal
was a special case, with its explosive growth, dominant market share and positive cash
flow," Morningstar.com analyst George Nichols told the E-Commerce Times, noting that
Overstock probably will receive a lukewarm reception.

Re: Overstock.com Follows PayPal's IPO Path
Posted by: peterxyz 2002-04-11 05:04:28 In reply to: Keith Regan

Is anyone else following this story? Patrick Byrne is another one of Jack Byrne's overachieving sons which is what brings me here. reading their S-1 filing they look like they need *a lot* more revenue to be profitable - the $100m that Byrne is talking about might do it, but it looks like they're thinking of a $200-300m market cap which is a bit on the rich side for me
peter xyz