Drew, however, sees that as an advantage. That's assuming the company gets that far. And the situation looks grim, analysts say. I just don't think anyone can stand alone as a dot-com seller of consumer electronics. Bah humbug, responds Drew.
Investors remain bullish.
Last week they sold 6,000 DVD players. When they were first starting out, they sold 16 in a week, and we wondered what we had gotten ourselves into. That won't make the company profitable anytime soon, but the CEO expects cash flow to turn positive within three quarters. The company is also reaching out to the offline world in a bid to establish alliances that will encourage cross-selling. Its first link is with EBWorld, an online site run by Electronics Boutique, which sells computer games online and through 628 stores in the U.S., Canada, Korea, and Australia.