closes at another all time low

LOOK closed at a all time low again overnight in the US.

sentiment ws not helped by a benign Yahoo report yesterday and it got hit very hard overnight

the Google report tomorrow had better meet guidance or the sector will be decimated.

Analaysts are musing Yahoo has lost market share to Yahoo.......tomorrow we will know but its clear minnows like LOOK,Miva and Mama are NOT growing traffic and revenues.

time to be well away from Looksmart!

IMHO


Note the folly of the Looksmart model was unveiled last night by LOOK announcing this.

"Publishers pay a small revenue share to LookSmart and then control their own destiny with all sizes of advertiser. This open attitude is something we've been working toward over the past year."

LOOK get a "small revenue share" for doing all the work.........and they have worked a year to get to this.

That says it all....a small revenue share!!!!!!