LOK looksmart limited

Down 56% after hours on the Nasdaq....."Microsoft will not renew...

  1. togrady
    81 Posts.
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    07/10/03
    07:40
    Post #: 263727
    Down 56% after hours on the Nasdaq.....

    "Microsoft will not renew its distribution and licensing agreement with LookSmart. The current agreement lasts through January 15, 2004, after which the agreement will terminate. Co says its business will be materially affected as Microsoft accounted for approximately 65% of listings revenues, and all of LookSmart's licensing revenue in Q2."
    LOK Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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