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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (103683)	5/8/2008 11:06:01 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 122089

Rather than comment, I figured I'd satirize: Overwrought.com hopes for $1B '08 profit Thu May 8, 2008 7:40pm EDT SAN FRANCISCO, May 8 (Reuters) - Overwrought.com (OVWRT: Quote, Profile, Research) Chief Executive Petrock Byrd said in an interview on Thursday that he hoped the online retailer would realize a net profit of $1 billion in 2008. "If we have a really really amazing year and put Amazon out of business like I really really concentrate on doing when I'm meditating deeply, I think we can make one percent," told Reuters, estimating total sales of a ten billion dollars. "That's different from saying I'm promising to make $1 billion this year. And I'm not saying I used a calculator to verify that number. But it's definitely possible if we close our eyes and click our heels together." Although the company has become a popular destination for the SEC and financial journalists, it has lost $240 million since Byrne launched the company in 1999, he said. But it's not a real loss until I sell the company, he added. Byrne also said that he envisioned retiring perhaps in three or four years to pursue other interests like taking pan flute lessons. "I don't see myself here in half a decade, maybe not even a millennium" he said in an interview in San Francisco. (Reporting by Adam Tanner; Editing by Carol Bishopric)