LOK looksmart limited

re: "rumors that it's looksmart" < "While Fox/FIM could...

  1. 2,032 Posts.
    re: "rumors that it's looksmart" < "While Fox/FIM could potentially build a consumer search destination (with US$billions), it’s probably better off buying enabling search technology and using its own brands as a front door to proprietary content". >

    The interesting point about Looksmart is, THAT Looksmart, are NOT for sale!!!

    Yes !!! - LOOK are NOT for sale !!!! - A clear Board stipulation, direct from the CEO's mouth.

    http://www.shareholder.com/looksmart/medialist.cfm

    ( C.E. Unterberg, Towbin and Security Research Associates TechFest 2005 Conference)

    Murdoch is NOT talking of BUYING a Search Engine, but rather, that NEWS are in deep discussion concerning a "controlling Interest" in a seach engine ....

    That, is the difference, IMO ... LOOK, with enormous synergies to suit NEWS, could give him that 'controlling interest' and with the addition of all NEWS Sites, News' archives of articles etc, would be the real 'maker' of the Looksmart business plan.

    What would such a deal do for Looksmart's share price value ?? - What would it do for Murdoch's investment ??

    "Somepin - Nuttin", as they would say in the Port Moresby Courier .... LOL !!

    I'm hoping ....

    :)
    LC
 
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