Gary Hamilton

Rediff.com: Embarrassing Execution but $24 Million Enterprise Value Is Attractive

Rediff.com just like Yahoo was too full of itself to see the opportunity of going with Google and is paying the price. Microsoft and Yahoo both can still not understand the search models of Google and ability to do advanced Boolean Searches that get exact results to your inquiry.

I still believe that Rediff has true value but it must step up marketing and India's delay into putting money into its own economy may well create a downward spiral in the rupee, middle class lifestyle and put India back 3 to 5 years. In addition, the religious and political issues with Pakistan are beginning to surface again as Pakistan is becoming a rogue nation with atomic weapons. Here in Vegas, the line on the use on nuclear weapons still have India and Pakistan at the top of the list. With infusion of China into its monetary system India must act in the next week as soon as we see in Pakistan already riots for food and with the Red Cross bankrupt and charity organizations with all time lows in food stocks and cash and the billionaires of the world reduced 40% in the last 120 days who will feed the world? Who will provide the world with fresh water? Who will offset the spread of aids, cholera, typhoid? The middle class in India will disappear at a rate unseen before in history as US and world companies downsize and nationalize their labor expenditures to shore up their own economies. Read more at InfoGaming.com.