BED BATH & BEYOND, INC. — Director's Dealing 2011

May 11, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: OVERSTOCK.COM, INC (OSTK)
CIK: 0001130713
Period of Report: 2011-05-06

Reporting Person: Chou Francis S M (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2329709	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option (obligation to sell)	$20.00	2011-09-17	Common Stock (35000)		Indirect

Footnotes

F1: This statement is filed by and on behalf of Francis S. M. Chou. Mr. Chou: (a) is the Chief Executive Officer of each of the
following investment advisers: Chou America Management Inc. and Chou Associates Management Inc.; (b) acts as the Portfolio
Manager of funds and/or accounts advised and/or managed by such investment adviser; and (c) may be deemed to beneficially
own securities beneficially owned and/or held by such investment adviser.

F2: Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that
such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this
statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the
extent of the pecuniary interest of such person in such securities.

F3: Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the
purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor
anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the
Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.

F4: As of the date of the event requiring the filing of this statement, each reporting person may be deemed to beneficially own
2,329,709 shares of the issuer's common stock, including 35,000 shares of common stock subject to the call option(s)
reported in Table II of this statement.