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1 Comment
looksmart's future
Were you aware that Looksmart have $58 million in cash and are trading below that cash value of $2.44 per share?
Are you also aware that they are predicting zero cash burn and a break even position by December 2007?
Digg is rumored to be worth $300 million was what is Furl.net and wisenut.com worth?
Looksmart may not have had the greatest quarter but they have certainly turned the corner after losing MSN as a major client.
Webpro seems to look at the negative aspects rather than reporting the full story.
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