LOK looksmart limited

LookSmart: Expect a big drop

  1. 3,567 Posts.
    We can expect LOK to fall another 4c this morning... Seems a good company and might be a good buy at lower levels. Personally I like AdultShop.com (ASC) better at the moment as they are making larger positive cashflows and don't have the large marketing/depreciation rates of looksmart. They are also capitalised at almost half the level of looksmart.

    But LOK has a great business that will stay around due to the large barriers to entry. Hopefully we see levels of sub 15c to pick some up real cheap.

    Good luck,
    Munch.
 
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