Jupitermedia CEO Talks Stock, Future Developments

Money, meet mouth

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Transparency’s nice – assuming that a person (or company) is indeed being transparent, and you’re not so paranoid that you can’t believe it, you get to find out many of the who-what-when-where-why details.  And in that spirit, Alan Meckler, the CEO of Jupitermedia, has announced his purchase of some stock and referenced his company’s future.

Mind you, we’re still not at the level of complete transparency – such things aren’t good for business, and would, if we’re to be honest, represent far more than most of us want to see.  But in any case, Meckler writes, "Just wanted readers to know that I could not resist buying more of our stock on Monday – obviously the last trading day of the year."Jupitermedia CEO Talks Stock, Future Developments

On a corporate blog, he then continued, "I am now precluded from buying stock as we approach reporting our fourth quarter and yearly results.  My purchases do not guarantee that Jupitermedia’s stock will rise or even that 2008 will be a good year for us financially.  However, I do feel confident in our assets including our employee team and that the various initiatives and changes made in 2007 will be beneficial for the company."

Fair enough, and also fairly complete.  It was on the subject of future changes that things got a little vague.  A name change here, an emphasis on the image business there – nothing at all specific.  Two of the most solid hints related to new stuff from Stockxpert and fresh tradeshows, however, which sound interesting enough.

Now, it’s entirely possible that in another week or two, some diabolical scheme will be uncovered and all of this will be viewed in a very different light.  Yet for the time being, we’ll just applaud Meckler’s move and take his words for what they are.

Jupitermedia CEO Talks Stock, Future Developments
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