Does anyone else here believe that LOOK should have fallen alot...

Does anyone else here believe that LOOK should have fallen alot more? I just would have thought losing 70% of your paid business kills your business. Your fixed costs remain the same and in LOK's past this has been quite high. Now with 70% of revenues doing a vanishing act it seems that the possibility of going broke is rising fast.

Persoanlly I think it should be priced as a penny dreadful at the moment. Perhaps a market cap a quarter of current prices.

Any other ideas?

Also don't think we are likely to see a t/o. Yahoo has already bought overture and microsoft are building a new system more in line with google. Anyhow, could be a very slow painful fall in the stock price...