Agreeing with you "Just Wait". Bought some shares about a month ago and got plenty of time to watch 'em sprout. I've been visiting talkcity.com since December and have enjoyed watching it streamline itself displaying Quality & A Plan. It might pop a bit this time around along with the mid-level Nets if the rally holds as it's held up ok in the ipo sector whacking too - hoping it goes up enough to get my shares freeriding this time and then buy more at a dip. But I'm looking to see it top it's present range soon, especially if there's an interesting new news release. TCTY will have to grow more and prove itself more first before attracting the large investor interest needed for Liftoff, and when it does the price per share will go up accordingly. These are my trading plans for it which I believe are realistic. For longs, that's better than an internet ipo coming hyping screaming out of the gate with all in front and not much behind it so it falls apart and must struggle mightily to make a comeback.
Here's why I bought some shares as an investment...
The co-branded communities association with Alta Vista (CMGI)should prove to be Golden for TalkCity (I also have shares in CMGI and MSGI)... can't help but notice that Alta Vista deal puts TalkCity firm on Wetherell's Roster of Networking Dotcoms working together to expand.
The numbers aren't bad for such a new kid either. So Talk City's Glory Days would be yet to come in view of developing the Possibilities and Accomplishments and Sponsors and Clients and Synergy already in place.
The Site As Is - what a great demo for the range of e-commerce setup sevices for business customers, while being simultaneously accessible at no cost to the general public. In a way, it doesn't look like much at first glance does it? But an exploration shows that it's ease and simplicity and quality have been attracting some impressive banner sponsors and partnered links. It's a nicely organized friendly growing web community with resources: connections, hidden treasures, shopping, search, research, audio/video, proprietary software, creative arts interest because of the graphic and audio capabilities, and many developing possibilities. It's interesting and doesn't push itself too much or pretend to be exclusive or all-inclusive or anything it's not or isn't yet. That fits with the pattern of Wetherell's pals too...keeping a low profile for now but not too low. This easiness is why it looks small yet it's up there on the community sites viewers list, and why folks stay on there awhile. Many of the hits are probably prospective business customers exploring the demo as well. The make-your-own-webpage facility is easy and fast with plenty customizable options. It's a respectable free email address for a new business webpage start-up and it is also possible to set up a more complex presentation on a webpage and make it accessible to prospective customers from there. All of this will continue to attract new site users. It doesn't waste one's time - the page view and time spent onsite stats aren't pumped up by extra link click nuisances like many sites are doing now to get higher on The Hits List - these #s are actual one-click-and-get-there lookies from more new visitors and repeats than the link loopers would ever get. On TalkCity each page points to $$s and respectable banners without the user feeling trapped in a corral. The site works well and shows much attention being paid to the mechanics of navigating it; as it should to be a model demo for the business customers as it generates income from the site users as well.
I think it's coming along nicely.
Cheers,
Joana |
