Well a close of $8.00 came just 24 hrs after expected. That's OK...

Well a close of $8.00 came just 24 hrs after expected. That's OK though. With the continued rising $US the approx value (currently) is $8.058432pps....

Not a bad effort from a much maligned stock that has risen in recent months, up off a low of $3.60cps....

And a lot further to go, I feel. A great "buy & hold" opportunity with a Co that is yet to announce a partnership with three of the biggest newspaper publishing groups in the US ....

Just to give readers on HC an idea of some of the enormous outfits LOK have now partnered with, I'll post some of my research, as follows. Remembering, that the McClatchy GROUP have just purchased Knight Ridder, for $4.5B & will be flogging off 12 of their newspapers in the very 1st instance!!

Tribune Media Services

http://www.google.com.au/search?hl=en&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial_s&q=FindArticles+in+Tribune+Media+Services+&btnG=Search&meta=

http://www.tms.tribune.com/

http://www.google.com.au/search?hl=en&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial_s&q=Topix.net+Tribune+Media+Services+&btnG=Search&meta=

Tribune Publishing is the leading U.S. major-market newspaper group, operating 11 daily newspapers: Los Angeles Times; Chicago Tribune; Newsday (Long Island, N.Y.); The Sun (Baltimore); South Florida Sun-Sentinel; Orlando Sentinel; Hartford Courant; The Morning Call (Allentown, Pa.); Daily Press (Newport News, Va.); The Advocate (Stamford, Conn.); and Greenwich Time (Greenwich, Conn.). The group also offers a wide range of targeted publications such as Spanish-language Hoy. In addition, Tribune Publishing includes Tribune Media Services, a leading provider of entertainment listings and content syndication to print and electronic media; Tribune Interactive and Classified; and CLTV, the Chicago region's only 24-hour cable news channel. Investment interests include CareerBuilder (33%owned),
Classified Ventures (28%), CrossMedia Services (33%) and Topix.net (25%).

http://www.google.com.au/search?hl=en&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial_s&q=Topix.net+Classified+Ventures+&btnG=Search&meta=

With the McClatchy Company set to accept bids, starting as early as tomorrow, for the 12 Knight Ridder papers it is selling, some of the potential buyers are looking at the country as if it were a giant chessboard.

Of course, it is Topix.net that has probably caused the recent spike in the shareprice, yet it is still to be announced to the market. Topix.net is majority control "owned" by

Of course, the discovery of Topix.net as a supplier of contnet to LOOK was great to find. Check the mention here on this Vertical, being just one of the new 181 such sites. Check the relevency of the articles, too...

http://www.looksmartretirement.com/p/searc...t=entertainment

THE TOPIX.NET "UNOFFICIAL" PARTNERSHIP, (as I have pointed out) IS MOST SIGNIFICANT.

This (Topix.net) news/ other content "feed" to Looksmart's Verticals will also (most likely) go to all the newspapers (sites) within the "network" group. That being McClatchy, (their existing sites, plus all the Knight-Ridder "stable's" sites, they have just bought), the Tribune & all of Gannetts newspaper sites. Potentially, hundreds of newspapers. Gannett, the US's biggest newspaper publisher HAS operations in 41 states.

[ "We're very pleased to announce that Topix.net has taken a majority equity investment from three of the largest newspaper and media firms in the US"

http://blog.topix.net/archives/000071.html ]

I see a further involvement for LOOK with both Furl and FindArticles, to these partner sites. Just MHO, of course.

:)
LC