Drugstore.com Says It's Doing Just Fine
from the read-the-fine-print dept
Amid all the tech carnage, it’s a bit odd that Drugstore.com is starting a publicity bash saying that it’s doing just fine. It sounds pretty suspicious to me, actually. Then, when you read the fine print, you realize the company might not be doing so great. It’s been laying off people, its revenues aren’t that impressive, and it doesn’t expect to be profitable until 2004. Based on that info (which doesn’t seem all that different than most e-tailers these days), I’m confused at why they’re suddenly going public with their “healthy outlook” report.
