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LITB really needs to get its admin expenses down.

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dtoney   Monday, 10/14/13 12:52:41 PM
Re: None
Post # of 62 
LITB really needs to get its admin expenses down.

It is eating half their revenue stream, and it keeps scaling in the same proportion as growth. You would think that expenses would grow at a slower rate than revenue growth but that seems to not be the case. Look at AMZN and DANG and their admin expenses hold steady regardless of total revenue.


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