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Classmates.com IPO. Good buy?
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Don't think I would hold on to the stock too long after the initial hype of the IPO. |
they sure have a lot of members, 50 million+ and it says they are growing rapidly
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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 |
Classmates has a much better name then facebook
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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. |
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... |
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" |
Classmates.com, pretty good database; I'm in there. I might even sign up as a member again someday.
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