Rupert Hudoch

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    • Tue Nov 13th 08:25 AM | Rating: 0 0
      Commented on:
      Why Didn't CNET Just Buy All of LookSmart?
      Good article. Two clarifications: 1) The company's most recent balance sheet showed cash/ST investments as 37 million, and assets-for-sale at 4.3 million. That asset for sale just went for 20 million, so the company's actual cash position is about 52 million, making the EV about 8 milllion.

      2) The company's TTM revs are 54 million, but this includes businesses such as FindArticless. What the real remaining revenues are is anyones guess.
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