Looksmart Limited (LKST)

[andy20020]

Nope .. Mike is OK, I believe he knows I respect his opinions, apologies if a one word response seemed to suggest otherwise. To elaborate ... all these econo figures suggesting econo revival, IMO, are pure PR. See todays INTC for example ... sucked in so many mum and dad investors yet IMO, the pros were selling all day. Aparently Q3 INTC figures are always better than most ... they were just ramped to suit the occassion. Now if the market can't advance on that PR !!!
Regards

One market reviewers opinion.
So, Intel (NASDAQ: INTC) has raised its third quarter revenue guidance by about 5 percent. To listen to the media early Friday morning, you’d think it was a revelation of near biblical proportions.

Intel’s projected revenue median for the quarter went from $7.2 billion yesterday to $7.6 billion today. The share price moved almost 10 percent to $28.55 at the bell, Friday. According to all the talking heads and analysts --who can mobilize with frightening speed—the good times, have returned. I guess the fact that INTC’s share price has almost doubled since this past March is merely a matinee. I smell a trap.