looking at the lawsuit I think they had something totally different in mind when they established myspace but it took off into the wrong/right direction.

6.41 up 51 cents this morning.. who bought yesterday ?


SAWEEEEEET

up 10% now up .60 cents hhahhahaa

oh shit. it just went down to $2

















j/k

:) it already did that and I bought a pile :) at 4 and change muhahahhha

I love myspace, its a cool site and you get to mee tlots of cool people. But how the fuck do they make enough money. Theres just some random banners ads floating around.

I got 1700 shares. Thanks Lars!

I'm up $648.01 overnight.

SWEET I will prolly lighten up a bit as it approaches 7 bucks. Since I have so many shares, prolly abit too much but 12 bucks seems reasonable.

The problem with MySpace is that what you see is what you get. Online communities have a long history of sitting idle while someone else comes along and tops them.

That's a big problem because their core userbase is very trend oriented. Mostly teens to mid-20's. All it takes is the "popular kids" to make the switch to another service and everyone follows them.

This is not a hypothetical situation either. It's exactly how MySpace got their userbase, and how the popular spot before them got theirs.

too lazy to read. what did they originally have in mind for myspace?

i think myspace is not going anywhere anytime soon

Dude - myspace is just on the verge of really blowing up. Once something gets so big...nobody can touch it...look at GFY.

someone from here should create a new "myspace" type of site

They're in a lot of hot water for installing Spyware on people's computers.

The NYS Attorney General has filed a fairly serious suit against them.

Here are some stories following it all...

http://www.internetstockblog.com/ticker_mix/

myspace makes money? had no idea.

I would agree with you if online social communities had a history of continuously evolving their own services, but they don't. For MySpace to remain at the top we would have to assume no more innovation is possible, which simply isn't the case.

Someone else will come out with something new and provide compelling reasons for users to switch. Mark my words. It may not be this year or next, but I'm sure we'll see something on the scene by 2007 that is a threat to MySpace.

Lars... any other tips on stock to buy???

I bought 2050 shares today.

Intermix reached an agreement in Principle with New York Attorney General

The penalty is only $7.5 mios over three years

http://biz.yahoo.com/bw/050614/146165.html?.v=1


Asking around $8 in after hours on island.com now ..

Lars was right , I was wrong .. So drinks are on him ..

LARS, your a RICH motherfucker now!!!!!


good call homie.



can i come over for lunch sometime? pal? buddy?

it's now at $21 in after hours trading




























j/k


but it will be soon! you can retire from this stock Lars

it's just temporary and gonna fall back down again. The summer slowdown applies to myspace also. And, they've been advertising mostly the same stuff for the last 8-10 months now, revenue can only fall like this.

Lars please point me to where it said Intermix is considering spinning off myspace.com

I agree with you, this stock is undervalued and has a lot of room to grow $12 is very reasonable and with the NYG settlement it will be moving up over the next few weeks and months as revenue growth is excelerating nicely. Also for many people that dont know while myspace.com is the biggest site of theirs, they also run 30 other sites in different entertainment categories

Intermix has 60 million subscribers to their opt-in newsletters

That's some bling bling right there, cause I know what I make with 80k mainstreamers.

Their CEO is a cool dude. Nice little resume:

Founded iMall and sold it to Excite for more than $500 million and was the primary investor in Webmillion, sold for $20 million, and GreatDomains.com sold for $100 million.

no shit ?? i didnt know that

WooooHOOOOO fuck yeah !

Finally I got lucky and got a huge POP sold half at 7 and 7.15 and 7.25 just bought again at 6.50 Muahhahhah

How does myspace make money? I never see any banner ads on their site. Edit: ok on the main page I do, but there are none on the profile pages right?

The domain was registered in 1996. Was it live in 1996 also or did it just go live last year and grow in popularity that quickly?

Yes they are fucktarded. And Lars is a pimp.

WEooohooo 7.12 rocking !

They used to be X drive which was kinda like geocities... they already had 1 million users when they started myspace.. and added the social networking ..


They mkae money from ads. a lot of the pages on there are ads for companies they just look like sites. A lot of bands pay extra money for more exposure. And they do ahave advertising.

I hope everyone got in at $6 or better yet at 4.50 :)

Intermix has 60 million subscribers to their opt-in newsletters :evil-laug

congats lars. still ovet $7 os of right now

i got a profile at myspace and that's enough indication it will become much bigger now lol

Lars have a look


http://money.cnn.com/2005/06/16/mark...siri/index.htm

Did anything in particular happen in May 2005 that made the stock start climbing instead of dropping further? Look:

http://chart.finance.yahoo.com/c/1y/m/mix

MySpace has become one of the hottest properties on the Web. Only 20 months old, it already has 14 million unique visitors a month, according to market researcher comScore Media Metrix. That makes it far and away the most popular of what are known as social-networking Web sites.

--For the full fiscal year, the company expects a net income of about $8.2 million on revenue of $118 million.

Music is what drives Myspace. Musicians and record labels have used the site as a platform to launch new albums and tours -- seeing great success doing so.

cool,i'll tell 2pac to advertise his next album there

The frist time Lars's post it you could have got it at $6.10. I should have.

I bought at $6.29

Lars, you should of got in BEBE a year ago! :winkwink: :winkwink:

Thanks for the tip Lars- I'm watching this one too

7.50 money makin .... heheheh

my minds on my money an my moneys on my mind ! :thumbsup

Jesus christ, up $1 in a matter of 2 days? I KNEW I should have bought the other day.

Lovin it !

hahaha up 10% today ...

fuck thats just too sweet

I'm up $2,545.51 on the deal and holding.

me too. well, $2480.50 to be exact.

;)

Thanks Lars!

Nice D!

Lars, I see you all the time at shows, but we've never talked...I need to make sure I buy you a drink the next time!

Lars is making mad dollars off this. I've never done stocks. Is trading on the stock sites really simple? I'm a simple man. Is it basically click a link that sells "Buy" and another that says "Sell" all the while being able to see if you're up or down and the current stock value? Do you just type in MX stock in a search section and it brings it up for you?

I want in!! Bastards!! :winkwink: :)