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Technology Stocks : GoTo.com, promising Internet search engine
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To: Stephen who wrote (442)7/22/1999 9:54:00 AM
From: Mike Fredericks  Read Replies (2) of 977
 
All:

In case any of you read RagingBull.com - don't panic when you see BruceCapers's message about allegations of misstating the number of unique users. He merely provided a link to the mediamatrix press release (already discussed here) where they said Goto had 4.7 unique users, then referred to the goto press release where they said they had 10 million unique users, and then started talking about goto publishing a retraction, a class action lawsuit, etc., etc., etc. Serious FUD attempt by a shorter.

I'm posting this here to discourage him from posting the same stuff here... really, I think MediaMatrix's numbers would tend to be less accurate unless Goto made their server logs public (which I doubt they do). And in the grand scheme of revenue projections, it's the total number of searches that matters.

-Mike
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