Friday, November 03, 2006

 

Quick Alert: Tiny Search Engine Stocks on Fire

Apparently, the speculators are piling into 3rd tier search engine stocks. I know MAMA is set to launch a new engine for video-- and LOOK impressed with numbers. But, come on, please, these companies suck some serious wind.

Anyway, the following piece of crap search engine stocks are on fire:

MAMA +19.5%
LOOK +16.6%
MIVA +7.8%
SINA+4.9%
REDF+ 4.8%
SIFY +3.3%

And, here are some other search engine stocks that are not on fire:

ANSW, QPSA, TOMO, LOCM (formerly INCX) and IIJI

NOTE: It's not a traditional search engine, but Traffic.com (TRFC) looks pretty good and has cool technology. I can see it being implemented in navigation and GPS systems.

# posted by Broker A @ 11:47 AM
Comments:
I think this was on the comments from the Hedge Fund manager Julian Robertson on CNBC this morning.
# posted by Anonymous Anonymous : 12:36 PM
 
What did he say?
# posted by Blogger Broker A : 12:38 PM
 
Maybe he said that tiny search engine stocks should catch on fire.
# posted by Anonymous Anonymous : 12:57 PM
 
Broker - what do you make of ORCL, CSCO, and ADBE all dropping between 5 & 7 percent over the past couple of weeks?

Would you be holding them through the end of the year or selling now?

Thanks,
Bike
# posted by Anonymous Anonymous : 1:12 PM
 
He said he is looking for baby Googles and he likes Yahoo in Japan a lot. He said GOOG was good and he wants in on the next Google search engine for web advertisement. He will be on again at 2:00ET
# posted by Anonymous Anonymous : 1:25 PM
 
Although I sold some of my ORCL a few days ago, I would hold them, especially ADBE.
# posted by Blogger Broker A : 1:39 PM
 
Broker what do you think about the homies here, specifically the XHB? Getting pretty cheap I think.
# posted by Anonymous Anonymous : 1:53 PM
 
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