Holiday Hoarders Rake It In Online

(CBS)  Karen Liu may not look like a business mogul, but on the Internet, she's gamediva.com, CBS News correspondent Anthony Mason reports.

Game Diva is run out of Liu's Long Island, N.Y., home. In her basement and garage she stocks 200,000 games and toys. The holiday season is critical to her $500,000-a-year business. And this year she's betting big on the new Super Mario Brothers game.

"I've bought twenty boxes," Liu said. "And each box has 12 games in it."

On eBay alone, there are now more than a million e-tailers, like Karen. Many are hoping to cash in on the must-have gift.

"They're realizing that they can go to a store and try to predict what's gonna be hot, buy a ton of them and they can make money," said Cat Schwartz, of eBay.

Jennifer Canty has used just that model to build a $10 million a year business: dyscern.com.

"We've pretty much doubled our sales every year," Canty said.

From stores and manufacturers, she buys returned or overstocked electronics, like iPods, Blackberries and digital cameras, refurbishes them in her Virginia warehouse and then sells them online.

"We do have are great deals on those specific products that we brought in," she said.

Like the rarely discounted 8-gigabyte ipod nano. It's one of her Web site's featured deals this season, which accounts for 35 percent of her business.

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Read more: Retailers Happy With Black Friday Turnout

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Price and convenience are the main incentives luring people to the Web. More than 20 percent of shoppers say they plan to do all of their holiday buying online this year -- that's more than ever.

That's why Internet sales are expected to jump more than 20 percent this season to $33 billion. Rising gas prices and slumping home values may have the malls worried. But not the Game Diva.

Karen Liu can barely keep up with the shipping, because the shoppers keep coming -- to the Web.

[likeablunchs]

'' .. if i''m hurt by the hand of another, i am not hurt by the hand of another, and not by the hand upon my arm, but by my other hand upon my other arm, and the cure is not the smacking of my other hand, but is the journey to one of the infinite numbers of places and times when and where my other hand did not, will not, and does not feel as though to smack me, or one of those times and places where and when i feel like being smacked by my other hand upon my other arm that could be considered the hand of another with equal need and ability to travel places and times as do i .. ''

'' .. the world is full of little girls that rape big men, and there is no winning the war, except to pump more money into man raping wars than all the little enemy girls combined .. ''

[likeablunchs]

'' ..

i visited 33 sick beds,

at each sick bed was 4 extra folk,

so i saw a 165 folk in the night,

each needed $33.00 to survive,

i needed $33.00 to survive,

i paid them each $0.20,

they each paid me $0.20,

earth gave us infinite peaches,

but we each wanted more

than just peaches,

each wanted 11 other foods

and 11 other homes,

so each invented each''s own,

and some collaborated,

and some shared,

could have made folk pay to see us,

sharing and collaborating,

and swapping double dimes,

but that would have been unfair,

.. ''

[hissteps4u]

Prophet will go slithering back under the rock he came out of after he election cycle is over. Hopeless support of someone who hasno chance in hell of doing anything and who''s record in congress is the same.

Once he see''s the writing on the wall he will like them all slither back int the background or take on a new persona say support for Ted Kennedy perhaps LOL

What a Prophetic bunch of junk

[michellem99-2009]

Tool hello Dear Amen..Makes me wanna holler. I will go to the store and buy one gift for my friend and mail out 4 cards. Have done that for years.

[likeablunchs]

'' .. sick beds swim drift trails like giant buses, folk are on off much, four passengets & one sick each bus, often multiple buses strewn temporarily loosely together, folk board up to 33 buses each per day for twenty minutes each bus to play & forge a product or few for self .. ''

'' .. most folk most time behave; however, had our armys not invested more in wars than all of the worlds combined, & had the wars not raped more babys than all the worlds combined, then most would have mis-behaved; instead, we made the worlds our own private dare house, we chose where to put art classes and science math language classes, where to the gym & fields playgrounds library offices cafeteria labs & parking lots, we were gods no one could rape but ourselfs .. ''

'' .. infinite divergence means theres infinite dragons of infinite shapes sizes in my private & public infinite storyboards, and each dragons has infinite storyboards it''s own .. ''

'' .. kids should get all spankings without fair trials & adults all with fair trials, the world is backward .. ''

'' .. i''ll never forget my first time, it came late, i was way past old enough, when some little girl walked over laid down a sack clothes, i knew the rules, but so nervous caught by surprise that i couldn''t but just sit there, my *** stung for what seemed like half hour but was less than half minute, the rest of the 20 minutes were increasingly pleasant, though increasingly arduous .. ''

[toolmangler-2009]

Posted by prairiefox1 at 01:47 PM : Nov 24, 2007

100% agreement with you.

[prairiefox1]

Posted by lastdance4 at 02:33 AM : Nov 24, 2007

Sad but true, even sadder is if Ron Paul needs supporters to sink to spamming comment/blogs what does that say about him?


I IGNORE ALL THE PROMISES AND I LOOK AT THEIR RECORD!
IF IT IS GOOD THEN THEY HAVE A CHANCE OF GETTING MY VOTE!
RON PAULS ACCOMPLISHMENTS ARE 0
THIS GUY IS A ROARING JOKE!

[twomtns]

right on lastdance
I guess that "he/she/they" the prophet spammer(s)
are too stupid to relize that when they Pi** people
like me off the chance that they/I woould voye for
Ron Paul is about as good as asnowball in hell
wake up CBS get rid of these a**holes

[cyberus-2009]

CBS News comments is for
For Spammers only !
Posted by lastdance4 at 02:33 AM : Nov 24, 2007

Sad but true, even sadder is if Ron Paul needs supporters to sink to spamming comment/blogs what does that say about him?

[ontheleft]

likeablunchs is very eloquent in his analysis of current events