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Started By
Message
Looks like NEWEGG is going public
Posted on 9/28/09 at 8:26 pm
Posted on 9/28/09 at 8:26 pm
3
Posted on 9/28/09 at 9:09 pm to Zilla
Man I can't believe they only do $2B in revenue a year. I guess my opinion is biased because I am a dork who buys electronics off of there with some regularity.
Posted on 9/28/09 at 9:19 pm to kfizzle85
2 billion isn't a small amount 
Posted on 9/28/09 at 9:40 pm to Zilla
I mean it is, but I thought they did more than that. No particular reason, just my perception.
This post was edited on 9/28/09 at 9:41 pm
Posted on 9/28/09 at 9:58 pm to kfizzle85
i bet thats more than any other electronics-only / online-only retailer ever, wouldn't you think ?
Posted on 9/29/09 at 11:14 am to Zilla
quote:
i bet thats more than any other electronics-only / online-only retailer ever, wouldn't you think ?
What about Tiger Direct, Crutchfield, One Call, etc
Posted on 9/29/09 at 11:15 am to Zilla
I honestly have no idea, but I could believe it.
Posted on 9/29/09 at 1:06 pm to kfizzle85
Their prospectus says they're the "Second largest online-only retailer in the United States" by net sales (not just electronics)... I'm guessing behind Amazon.
I thought I remember hearing that Amazon was buying Newegg, or did I just make that up?
I thought I remember hearing that Amazon was buying Newegg, or did I just make that up?
Posted on 9/29/09 at 1:19 pm to sneakytiger
I would guess so. I guess ebay doesn't fit that description.
Posted on 9/29/09 at 1:20 pm to Zilla
Haha, seriously. Dollar General is another good one to short after the IPO.
LINK /
Although I will say that these dollar stores have killed it so far during this recession, which probably wouldn't surprise most, but the debt/KKR issues shouldn't be overlooked.
LINK /
Although I will say that these dollar stores have killed it so far during this recession, which probably wouldn't surprise most, but the debt/KKR issues shouldn't be overlooked.
This post was edited on 9/29/09 at 1:22 pm
Posted on 9/29/09 at 1:26 pm to kfizzle85
quote:
Man I can't believe they only do $2B in revenue a year. I guess my opinion is biased because I am a dork who buys electronics off of there with some regularity.
Same. I love me some Newegg.
Posted on 9/29/09 at 4:21 pm to Zilla
quote:
I'm gonna bet this would be a great short right after the IPO :
I'm guessing this is true with any IPO that has a namebrand.
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