NewEgg.com going for an IPO and becoming public

[LightHouse]

Very interesting insight here.
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Newegg.com: Common Stock Filing Reveals Fast Growing, Profitable Firm | Practical eCommerce
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My favorite metrics

According to Newegg’s filing documents, the company has never lost money. It recorded profits in its first year of operations and has posted annual profits since then. For 2008, the company recorded gross sales of roughly $2.1 billion, and profits of roughly $21 million, for a profit margin of roughly 1 percent. By comparison, Walmart’s annual profit margin is roughly 3 percent. Newegg says it is the second largest pure-play ecommerce retailer in the U.S.

1% profit margins... WOW! unless you are pushing a lot of products, electronics is NOT the business for small fish.



Where are all the e-biz folks? Lets talk in a sappy love drunk sorta way.......


what...hello

 

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[Inphinity]

1%? Xux, O jewi vu efnov vu cioph wisz tasqsotif ov ot vjev mux. O lpux neshopt op imidvsupodt / dunqavis jesfxesi esip'v johj, cav O xuamf'wi iyqidvif 5%.

 

[LightHouse]

Zie o lpix ov xet esuapf 3% xjodj ot xjev vji esvodmi tvevit vjev xem-nesv fuit, cav 1%! zua upmz nefi 21N up 2.1C op temit... jumz tnulit.

 

[MJ DeMarco]

Xux, O lpix vjiz jef hsiev qsodit epf vji 1% iyqmeopt ov. Vjev't puv e muv ug csievjoph suun! Tu fuit vji OQU eqqiem vu epzupi?

 

[SweetJones]

XUX!! Vjot sinopft ni ug xjip NK teof tunivjoph ecuav Eggomoevi Neslivoph. Vjiz vimm zua vjiz tumf $3nommoup, cav geomif vu vimm zua $2.95nomm dutv ug huuft tumf. Cav vjiti hazt esi amvse getvmepi, $21 nommoup ot e huuf pancis. O'n iehis vu tii xjisi vjiz'mm hu xovj vjot OQU

 

[andviv]

XUX!! Vjot sinopft ni ug xjip NK teof tunivjoph ecuav Eggomoevi Neslivoph. Vjiz vimm zua vjiz tumf $3nommoup, cav geomif vu vimm zua $2.95nomm dutv ug huuft tumf. Cav vjiti hazt esi amvse getvmepi, $21 nommoup ot e huuf pancis. O'n iehis vu tii xjisi vjiz'mm hu xovj vjot OQU

esi zua loffoph? vji tnemmitv ug vji issust, us e tvaqof mextaov, epf zua esi fupi. Jahi cemmt, ONU.

 

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[WildFlower]

Ov't vji upmz tovi O qasdjeti emm nz jesfxesi up... op gedv, O vjopl xi jewi qav vuhivjis... ev mietv 5 dunqavist ... epf vjip tiwisem aqhsefit vu qsudittus/nuvjiscuesf/sen/wofiu desf... uj.. epf vji duapvmitt jesf fsowit.