Classmates.com IPO. Good buy? - GoFuckYourself.com

Maximillion · 08-15-2007, 08:10 PM

Quote:

Like most social networking firms, Classmates is growing rapidly. Classmates reported in its registration filing with the SEC that revenues surged 64.3 percent in 2006, to $139.4 million. And in the first quarter of this year, sales soared 68.6 percent, hitting $42.4 million.

Although Classmates may meet the requisite revenue requirement for a public company these days, it falls short in another key metric: profitability. Classmates reported a net loss of $1.9 million in 2006 and another net loss of $250,000 in the first quarter of this year.

http://mediabiz.blogs.cnnmoney.com/2...ake-the-grade/

Don't think I would hold on to the stock too long after the initial hype of the IPO.

Fat Panda · 08-15-2007, 08:13 PM

they sure have a lot of members, 50 million+ and it says they are growing rapidly

WiredGuy · 08-15-2007, 08:19 PM

With FaceBook crawling behind it and with a free-based model, I wouldn't invest in Classmates. I've used the two sites and Facebook wins hands down, Classmates has the first to market advantage but I don't see them lasting in the long term.
WG

4Pics · 08-15-2007, 09:22 PM

Classmates has a much better name then facebook

RawAlex · 08-15-2007, 09:25 PM

classmates is NOT a good buy at all. Facebook has very rapidly expanding to include people of all ages (not just current college kids) and is growing rapidly. They give for free what Classmates charges good money for.

I was a member of classmates in the past. I had a hard time connecting with anyone. I put up facebook about a month ago, and I have already gotten in contact with 4 or 5 people I haven't seen in a long, long time.

As for "better name", just remember that Amazon is a terrible name for a book company, and google isn't exactly an obvious name for a search engine.

gwidomains · 08-15-2007, 10:35 PM

terrible buy...

They were bought for cheap by United oNline.. and now they are trying to push them off on public markets for just about the same amount...

Good deal for them HORRIBLE deal... for any investor.

Social networks are all free, classmates is a paid service that spends massively on advertising...

you do the math lol...

Trax · 08-16-2007, 01:52 AM

they cant turn a tiny profit out of 150m revenue
what the hell are their expenses? heavy overpromotion?
im done buying stocks not earning any money for anything else than a short term "gamble"

Dagwolf · 08-16-2007, 01:55 AM

Classmates.com, pretty good database; I'm in there. I might even sign up as a member again someday.

08-15-2007, 08:19 PM	#3
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,504	With FaceBook crawling behind it and with a free-based model, I wouldn't invest in Classmates. I've used the two sites and Facebook wins hands down, Classmates has the first to market advantage but I don't see them lasting in the long term. WG __________________ I play with Google.

08-16-2007, 01:55 AM	#8
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	Classmates.com, pretty good database; I'm in there. I might even sign up as a member again someday. __________________ Sleep well, and dream of large women.

08-15-2007, 08:13 PM	#2
Fat Panda Porn is Dead. Move along. Industry Role: Join Date: Aug 2006 Posts: 13,296	they sure have a lot of members, 50 million+ and it says they are growing rapidly

08-15-2007, 09:22 PM	#4
4Pics Confirmed User Industry Role: Join Date: Dec 2001 Posts: 7,952	Classmates has a much better name then facebook

08-15-2007, 09:25 PM	#5
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	classmates is NOT a good buy at all. Facebook has very rapidly expanding to include people of all ages (not just current college kids) and is growing rapidly. They give for free what Classmates charges good money for. I was a member of classmates in the past. I had a hard time connecting with anyone. I put up facebook about a month ago, and I have already gotten in contact with 4 or 5 people I haven't seen in a long, long time. As for "better name", just remember that Amazon is a terrible name for a book company, and google isn't exactly an obvious name for a search engine.

08-15-2007, 10:35 PM	#6
gwidomains Confirmed User Join Date: May 2007 Posts: 426	terrible buy... They were bought for cheap by United oNline.. and now they are trying to push them off on public markets for just about the same amount... Good deal for them HORRIBLE deal... for any investor. Social networks are all free, classmates is a paid service that spends massively on advertising... you do the math lol...

08-16-2007, 01:52 AM	#7
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	they cant turn a tiny profit out of 150m revenue what the hell are their expenses? heavy overpromotion? im done buying stocks not earning any money for anything else than a short term "gamble"