SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Bill H who wrote (113192)3/29/1999 1:20:00 PM
From: Eggolas Moria  Read Replies (1) | Respond to of 176387
 
Yes. Several articles have stated that they became profitable in either mid-February or March (or both for all I can tell). Was the NY Times the most recent one? I don't recall.

However, since the CEO said that they intend to go public this year, I doubt he would want to trash his credibility by saying that they are currently profitable and then disclose the opposite in the S-1.
For that reason, I tend to believe his statement. Whether it's a "net-net" statement, I don't know.

But that 4% return rate has to be the envy of the retail industry.