Hi munch,
Whilst i agree that in this climate, Look's shareprice could do anything. That is derived by Global uncertainty, not because of anything else.
Look's P/E is 8.14
The lowest in its sector by a long way.
As far as its profits, growth it may pay you to have a look at its B/S and P+L again. It also has $50mill in the bank and debt free.
One thing about Look, any further distribution deals, joint ventures, possible T/O as a number of S/E have been bought out recently (Inktomi by Yahoo, Altavista and Fast by Overture) then Looksmart are primed. The Iraq war will have no affect on Looksmarts shareprice whatsoever. I have not included the continued expansion of Wisenut which apparently is doing alot behind closed doors according to the Boston SEO Conference which at present is taking place. I expect something "Big" to be rolled out very shortly.
Not bad for a company that does not appear to be doing anything special.
Cheers markco
LOK
looksmart limited
