looksmart guided for q1 loss....

BUT NO CAPITAL RAISING mention .......

< Operating expenses are expected to remain relatively constant with fourth quarter levels excluding the restructuring benefit, resulting in a first quarter loss from continuing operations lower than the fourth quarter, excluding the restructuring benefit. >

THE GOOD NEWS?

< ...............the Company anticipates a return to year over year revenue growth for fiscal year 2006 driven by increased revenue from its ad network, audience growth and technology licensing. >

Go LOK !!

:)

LC