ogletree
msg:33594 | 10:50 pm on Aug 4, 2004 (gmt 0) |
They were smart. Who would want money that could explode at any second. Why in the world is AJ over $25. Do they even make any money.
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Warren
msg:33595 | 7:08 am on Aug 5, 2004 (gmt 0) |
See there previous earning statements [irconnect.com...] Q2-04 resulted in $60.3Million in revenue with EBITDA of $18.1. The signing of the Google deal, the increasing traffic numbers and the various acquisitions is meaning that Ask is strong. Hence why the share price is going so well.
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chrisnrae
msg:33596 | 5:36 am on Aug 6, 2004 (gmt 0) |
The Teoma technology is actually pretty intriguing and may stand a chance with the right tweaking and marketing IMHO. The value of a company isn't always about the "now". Sometimes the value is in what people think it can do "soon".
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Warren
msg:33597 | 8:16 am on Aug 6, 2004 (gmt 0) |
| The value of a company isn't always about the "now". Sometimes the value is in what people think it can do "soon". |
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Isn't that what powered the dot.com boom, and ulitmately the bust? ;-)
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chrisnrae
msg:33598 | 3:41 pm on Aug 6, 2004 (gmt 0) |
True, but it is also what powered people to invest in the Microsoft and IBM's of today. Not only what they could do at the moment, but the potential people saw for the future as well.
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goodroi
msg:33599 | 8:15 pm on Aug 6, 2004 (gmt 0) |
As for investors valuing stocks based on now or the future, I have a case in point. FindWhat has been increasing profitability almost every quarter and yet its stock has decreased almost 50% during the last month. I can't figure out the technology stocks anymore. My guess is that people just don't want any risk.
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