jsinger - 9:59 am on Apr 19, 2008 (gmt 0) [finance.yahoo.com...] From DMNews:
Sudden death. Under two cents now. Off 74% Friday alone.
"As one of the only successful pureplay e-commerce sites to launch and maintain a catalog business, Red Envelope was a multichannel retail success story. However, like for Lillian Vernon, which was sold to Taylor Corp. last week at an auction , and a host of other retailers which have announced significant cutbacks this year, 2008 is not shaping up to be a good year. .... Order shipments during the third quarter dropped about 20% compared with last year."