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Technology Stocks : GRU: Is Answers.Com ......The next Google -- Ignore unavailable to you. Want to Upgrade?


To: M0NEYMADE who wrote (22)8/12/2005 6:22:01 PM
From: MJ  Respond to of 29
 
Murdock is reported to be considering a search engine---------see partial release---------

Any opinions?

"Murdoch was responding to a question posed by Goldman Sachs' Anthony Noto, an inquisitive and thoughtful analyst.

"One area that you do not have a core competency or technology, from what I can tell, is search," said Noto. "Could you elaborate a little bit on your strategy to build a search that would enable the portal and the transfer of users across different areas of that vertical, and is this something you could build internally or externally?"

Murdoch's response hinted at the company's desire to look externally for its search. That's not a bad idea, given the host of independent search engines still out there."

From writer of article:

For instance, there is Guru.net, which owns Answers.com, one of the best resources on the Web. "

GuruNet (ANSW: news, chart, profile) carries a market value of $100 million. Then there is Mamma.com (MAMA: news, chart, profile) , whose market cap is $35 million. Miva (MIVA: news, chart, profile) , formerly known as FindWhat, is worth roughly $175 million. There is also LookSmart (LOOK: news, chart, profile) , which has a market value of $74 million. "

Will give source later.

mj