Yeah, When YHOO Showed A Profit...
Boy, it really tanked, didn't it?
Let's review today's "information." SEEK and other
Web supersites are too early like Commodore.
Have engendered too much of an irrational buying frenzy
a la biotech stocks. Would actually be harmed if it
posts a profit. Oh, yeah and SEEK's a whatever-tier
portal. Then, there's the bit about SEEK losing eyeballs
'cause it didn't pay to play with NSCP.
Somehow, all the facts about SEEK's growing revenues,
increasing global presence, award-winning Ultraseek
server product, continued dealings with NSCP (though
just a temporary fix), new deals with iVillage for
expanded Women's programming, and purchase of WBS
eyeballs... and on... and on... Those don't matter,
of course. Nor does the fact that SEEK has excellent
senior management. And, FWIW, I guess Zack's rating
is just some sort of conspiracy of investment bankers,
etc.
Well, as a LONG, I admit to my prejudice...
Best Regards,
c m |
