LGBT/Planet Out (LGBT)

[skunksyard]

I'm going to watch this stock and re-enter if it makes sense. I like the potential ones. This one has potential but I need to see if there's going to be a steady UT to keep it on the exchange it's currently listed on. Karen has great qualifications*. It's a new position for her. We'll have to see whether she can drum up the support of the GLBT community and get this company going. Lowell had great plans but as I learned from QTN it has to be subscribed to to keep going otherwise we'll see this drop each and everytime...I was hoping PlanetOut had enough money to pick up the QTN folks in a network but after reading their financials they are skidding down the hill and the oversold position of their stock is IMO the only thing that brought it back to this level....I'll watch and see what develops here.

*Posted by: skunksyard
In reply to: None Date:9/6/2006 11:22:30 AM
Post #of 55

look at Karen's qualifications: this is going to be worth a watch to me. Lowell stays on the board

"Karen Magee appointed new chief executive officer of PlanetOut Inc. effective July 1."

"Magee has served on PlanetOut's board of directors since September 2003. Prior to her appointment as PlanetOut's CEO, Karen served as senior vice president of strategic planning for Time Warner from April 2004 until March 2006. She also served as vice president for Time Inc. from February 2001 until April 2004, and before that, served as general manager and vice president of consumer marketing with TIME Magazine from February 1996 until February 2001. Magee sits on the Princeton University Board of Trustees and previously served as co-chair of The Gay & Lesbian Alliance Against Defamation (GLAAD) board of directors. She holds a B.S.E. from Princeton University and an M.B.A. from the Wharton School of the University of Pennsylvania."

http://biz.yahoo.com/prnews/060615/sfth069.html?.v=56

http://www.investorshub.com/boards/read_msg.asp?Message_id=13134522&txt2find=karen