institutions now own 58 per cent of looksmart

Institutions now "own" 58% - The're STILL buying!!!!

Latest figures show Insto's have continued to increase their position in Looksmart.

They now hold over 13.24M of the 22.9M shares issued.

http://www.nasdaq.com/asp/Holdings.asp?symbol=LOOK&selected=LOOK&page=holdingssummary

INSTITUTIONAL
Total Number of Holders 40
% of Shares Outstanding 57.68%
Total Shares Held 13,234,431
Total Value of Holdings $64,186,990
Net Activity +964,499

Top 5 Holders Shares Held
SIDUS INVESTMEN... 2,269,492
S SQUARED TECHN... 2,172,140
PRICE T ROWE AS... 1,266,000
BARCLAYS GLOBAL... 1,115,915
CROSSLINK CAPIT... 1,025,912

They may have read MSN Money's:

< "LookSmart, Ltd., a micro-cap growth company in the technology sector, is expected to significantly outperform the market over the next six months with average risk." >

http://moneycentral.msn.com/investor/StockRating/srsmain.asp?Symbol=LOOK

Cheers!!

dj