The funding comes amid a market slump for e-commerce and Internet shares. Ask Jeeves, for instance, closed down 81 cents today to $17.94, nearing the company's 52-week low of $14 set last June. The company's president, Ted Briscoe, resigned last month with the stock down more than 80 percent for the year.
A) desperation move B) distraction C) ??? D) all of the above
I am still keeping Jeeves' slab in the dot com morgue chilled.
This is off subject and not very politically correct, but have you guys seen the Ask Jeeves easter egg? If you haven't go to askjeeves.com and ask "is jeeves gay?" He'll actually give you a funny little answer (I heard about this 9 months ago I'm suprised they haven't made the programmers take it out yet).