Dear Satch77. GeoCities is not like Broadcast.com, except both are Internet-based.
1. Broadcast.com has gross margins of 60% with a lot of positive momentum.
2. GeoCities' reach, as measured by Media Metrix, is stalled in the 23-25% range. Yes, unique vistors grew by 50% from Jan to June. For comparison, however, Theglobe.com's unique visitors grew by 350% (to 40% of GeoCities') during the same time period.
Here's the 'reach' comparison from Media Metrix
Company.........................Reach
..........................June, 1998.....Nov, 1998
GeoCities...................25.5..........22.8
Tripod.com................13.7...........8.8
Angelfire.com.............12.4...........6.1
Xoom.com...................7.1...............
If you were buying 'momemtum' which one would you select? I doubt it would be GeoCities, which has obviously given up its defacto leadership mantle.
3. As you can tell, GeoCities is LOSING market share as measured by Media Metrix. I think that fact is lost on practically everyone on this thread, as well as virtually ALL of the fund managers.
Best,
Francis
P.S. You can look at the numbers by selecting 'press room' at
mediametrix.com
Media Metrix, The PC Meter Company |
