Tuesday, July 24, 2007
Position Update: NTRI, MCHX
Keep in mind, I own this fucker from the 40's.
You fuckers have no idea how sweet MCHX will be. They fucking own the internet, literally. MCHX owns and operates over 200,000 (maybe 300,000) websites, where they sell ads. The websites generate over 31 million hits per month and could be used to leverage deals with GOOG and YHOO.
The kicker: MCHX' contract with YHOO is up for renewal. I believe the new terms will favor MCHX and lead the way to higher profits. Additionally, the company just launched 100,000 zip code websites, emphasizing on locality. Look at one here.
In short, MCHX owns internet real estate. They own many valuable properties, such as Yellow.com.
Dude, they own everything. Do a whois search and look at their properties. Amazing.
Bottom line: I'd be shocked if YHOO didn't swoop down and take MCHX. The stock is ridiculously undervalued.
Here is an article explaining MCHX' business.
Either way, the company has a bright future. As web traffic expands, so will MCHX.
I am way long on MVIS and personally glad we didn't get more of a bump. I've still got 10 or 15k more shares to buy and $5.50 - $5.75 looks good to me.
Cheap, cheap, cheap compared to where this'll be 3, 6, 12 and 24 months from now.
but I like to think positive, so I'm smashing my flash drive with a hammer, bec I love SNDK so much.
GME, and CROX not so bad either.
And this time it's different?
(famous last words?)
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