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CafePress Inc. (PRSS) Message Board

  • mngtscrwdup mngtscrwdup Feb 13, 2013 5:48 PM Flag

    Fire the CEO

    CafePress is a horribly managed company. The management will continue to waste shareholder money and mis-manage this business. The gross margins should be MUCH higher. They sell t-shirts for $15 to $20 and the product cost should be $4 for those shirts. So why dont they have a gross margin at least 50%? They are wasting huge buckets of money on IT, yet they have to buy a company that does custom apparel for their custom technology? They waste $16 million each quarter on general and administrative. All this expense to generate 9% growth rate?

    Horrible, horrible management needs to be fired.

 
PRSS
2.26+0.22(+10.78%)Dec 17 3:59 PMEST

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