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OverStock.com Logo

Overstock.com (Nasdaq: OSTK) is an online retailer in Cottonwood Heights, Utah but with a mailing address in Salt Lake City.

Founded in 1999, Overstock is a leading on-line E-commerce marketplace, in which Internet users purchase surplus and returned, as well as new merchandise.

Roughly half of Overstock.com merchandise is sold on behalf of third parties - which include manufacturers, wholesalers and retailers - with standing business relationships with Overstock. The remainder is purchased by or manufactured specifically for Overstock. Overstock also purports to manage the inventory supply for other retailers, and says that it enables small retailers to purchase stock at below-wholesale prices.

Overstock.com also functions as a marketplace for new merchandise at cut-rate prices.

The company's distinctive television advertisements feature German actress Sabine Ehrenfeld.

Anti-shorting campaign

The company has received attention, not all of it favorable, stemming from CEO Patrick Byrne's battle against alleged naked short selling of his company's shares. Byrne has claimed that his company's shares have been attacked by "miscreants" in the stock market, headed by a "Sith Lord." Critics maintain that Byrne is seeking to divert attention from the company's failure to turn a profit.

In May 2006, Overstock received a subpoena from the Securities and Exchange Commission, requesting information about the company's accounting as well as its allegations against short-selling. Though Byrne said in a press release that he "celebrated" receiving the subpoena, critics of the company viewed it as an indication of the company's mounting troubles. [1][2]

Corporate address

The company's corporate filings indicate its location as Salt Lake City; it is actually in the City of Cottonwood Heights, some six miles south of the state capital, but in a ZIP code primarily associated with Salt Lake City.

External links

Overstock.com

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@@ Line 4: / Line 4: @@
 '''Overstock.com''' ({{nasdaq|OSTK}}) is an online retailer in [[Cottonwood Heights, Utah]] but with a mailing address in [[Salt Lake City, Utah|Salt Lake City]].
+Founded in 1999, Overstock is a leading on-line [[E-commerce]] marketplace, in which Internet users purchase surplus and returned, as well as new merchandise.
-Founded in 1999, Overstock is a leading on-line [[E-commerce]] marketplace where internet users may purchase surplus and returned merchandise in individual or [[retail]] quantities. Roughly half of Overstock.com merchandise is sourced by third parties - which include manufacturers, [[wholesalers]] and retailers -  with standing business relationships with Overstock.  The remainder is purchased by or manufactured specifically for Overstock. Overstock also purports to manage the inventory supply for other retailers, and to enable small retailers to purchase stock at below-wholesale prices. The company's distinctive television advertisements feature German actress [[Sabine Ehrenfeld]].
+Roughly half of Overstock.com merchandise is sold on behalf of third parties - which include manufacturers, [[wholesalers]] and retailers -  with standing business relationships with Overstock.  The remainder is purchased by or manufactured specifically for Overstock. Overstock also purports to manage the inventory supply for other retailers, and says that it enables small retailers to purchase stock at below-wholesale prices.
-The company's corporate filings indicate its location as [[Salt Lake City, Utah|Salt Lake City]]; it is actually in the City of Cottonwood Heights, some six miles south of the state capital, but in a [[ZIP code]] primarily associated with Salt Lake City.
+Overstock.com also functions as a marketplace for new merchandise at cut-rate prices.
+The company's distinctive television advertisements feature German actress [[Sabine Ehrenfeld]].
 == Anti-shorting campaign ==
@@ Line 13: / Line 17: @@
 In May 2006, Overstock received a subpoena from the [[Securities and Exchange Commission]], requesting information about the company's accounting as well as its allegations against short-selling. Though Byrne said in a press release that he "celebrated" receiving the subpoena, critics of the company viewed it as an indication of the company's mounting troubles. [http://biz.yahoo.com/prnews/060509/latu132.html?.v=30][http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B6EF94507%2D4CC9%2D4F5E%2DA085%2DC61ED79A5B5D%7D]
+== Corporate address ==
+The company's corporate filings indicate its location as [[Salt Lake City, Utah|Salt Lake City]]; it is actually in the City of Cottonwood Heights, some six miles south of the state capital, but in a [[ZIP code]] primarily associated with Salt Lake City.
 == External links ==