Seeking Alpha

User 1 » Comments » Single Comment |

  • Barron's Likes TGLO, But Should You? (TGLO, EBAY, ELNK, GOOG) [View article]
    From the [anonymous] fund manager mentioned in the article who visited TGLO: I remember that visit. They tried to demo the service but couldn't really get it to work for us. The company was really just the carcass of the old globe.com which management had kept breathing just to preserve the nol's and seem to keep throwing the flavor of the day deal into it to see if something would stick. As I recall they were putting money in as some type of convertible preferred - so if you do decide to take a ride with these guys makes sure you scrub the cap table and share count to see if there is anything left for you after management sucks the juice out of this lemon.
    Nov 21 14:55 pm |Rating: 0 0