It Could Be A Choppy Friday Before A Holiday...
This wouldn't be the first time. We're in that news trough between earnings reports... and without news to buoy us... it's hard to see much but drift, dip, drift, dip... morning pop up... afternoon dip... drift. We've seen this stuff before from SEEK... way too many times.
There are things that are pending that Motro spoke of during the conference call or in subsequent articles, namely a new community purchase deal. Further, we've got to get the details of the DT deal. And, for the life of me, I can't figure out what's delaying the revamping of their personal finance page. That would be a critical eyeball-grabbing move. I know, now beyond a shadow of a doubt, that they're working on it. But, nobody's telling me anything about when it will debut.
You know, Craig, while we're doing wild speculation, I wonder if the MSFT legal hassles has in ANY way effected SEEK. (I mean, they have lots of ties... in Britain... and other places. And there have been those investors who've long felt that SEEK would eventually be taken out by Mr. Gates.) Oh well, that's the closest I'm going to get to an El Nino theory for what's moving an ill wind toward SEEK...
Best Regards, Craig,
c m
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