It has just been incorrectly posted that Infospace went:
" ..missing on its online businesses"
From Market Watch .....
< "InfoSpace had an exciting quarter, delivering strong results and record revenues fueled by strength in media downloads and online search," Chairman and Chief Executive Officer Jim Voelker said in a statement. InfoSpace's mobile division notched revenue of $44.1 million, up $5.1 million from a year ago.>
The previous erronious report may have given the impression that Online SEARCH, (Looksmart's area of interest with INSP) had in fact failed, but it was the online "division" that, < saw revenue fall $1.8 million >
No doubt it will be corrected.
:) LC
LOK Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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