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Non-Tech : Marchex, Inc.
MCHX 1.640-0.6%Jan 30 9:30 AM EST

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To: playavermont who started this subject12/19/2003 3:00:33 PM
From: playavermont  Read Replies (2) of 159
 
This is the inaugural post for the Marchex board.

As of this date Marchex has not gone public. It is anticipated that the IPO will be within the first 3 months of 2004.

The year end December 2003 Revenues should be in the range of $27 to $29 Million with positive cash flow based upon the IPO filing.

The company should have $40 to $45 Million in cash (based upon current $8 Million cash balance and the $35 Million IPO) after the IPO is completed.

The former Go2net team was very successful in integrating companies and growing those businesses in a VERY profitable manner.

The search based component of their transaction generation strategy has shown extreme levels of growth with very strong levels of projected growth.

They may be worth watching.
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