Today I purchased 300 shares of this company, but found that it had no SI thread for investment discussion. Hence, I've taken it upon myself to start one.
I found out about the company via Tiger computers. A co-worker was checking out the website in search of a computer, and then my brother bought one. Then I received a catalog in the mail and was impressed by it. I decided to call up TigerDirect.com's phone number and asked whether it was a private or public company, kinda like Peter Lynch would advise. I was told that it's under the umbrella of GML, so I checked that out and found that the company has rapidly rising revenues, a price-to-sales ratio of .38, and a P/E ratio of 12.3. GML has a batch of additional catalog companies, as well, related to computers and office/industrial products.
Will it be "The Next Dell?" I doubt it, but who knows?! Please feel free to post your impressions, pro or con. |
