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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: Brinks who wrote (32294)3/24/2005 12:59:29 PM
From: Brinks  Read Replies (1) of 120414
 
MKTE What is the "Next Generation Search Technology" worth? Why is Google's counsel on the intellectual property team of MKTE?

QUOTE: "Search engines are the primary gateway to the internet today."

Well Ask Jeeves the FIFTH largest search engine was sold to Barry Diller this week for $ 1.9 BILLION.

MKTE's market cap is a tiny fraction of this.

news.bbc.co.uk

Ask Jeeves to be sold for $1.85bn


Jeeves allows users to ask questions in natural language


The internet investment firm headed by US media mogul Barry Diller is to buy web search engine Ask Jeeves for $1.85bn (£970m).

Ask Jeeves is the fifth most-queried search engine in the US and has a market value of $1.43bn, one tenth the size of Mr Diller's IAC/InterActive. Mr Diller said Ask Jeeves "has the potential to become one of the great brands on the internet".

The deal reflects rising competition between rival internet search engines. Building block "We are a small player in the land of the giants," said Adrian Cox, chief executive of Ask Jeeves' UK operations.

Adrian Cox, chief executive of Ask Jeeves' UK operations


Mr Cox explained that the deal would provide Ask Jeeves with the financing and resources needed to continue its current "aggressive" growth rate.


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