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January 10, 2008
Overstock.com
Zacks Analysis
ecommerce
Stock market |
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Hypoint News Link |
Zacks Bear of the Day: Overstock.com
Jan. 10 .CITY.--(Link)--Zacks Bear of the Day recommendation is for Overstock.com (Nasdaq: OSTK). Fourth quarter results will come in lower than expected, due to larger discounts and increased marketing spending. Given OSTK's razor-thin gross margins, any uptick in operating expenses will prevent the company from turning a profit. |
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