ANSW closed today at $16.72 and was as high as $17.07 earlier in the day. When I originally posted about it in late October, the price was $13.90. For those of you that don't know, they have the web site answers.com which is an excellent web site to go to for answers and web searches. A few days ago the CEO's compensation plan was modified to address certain items in the event that they are bought out including immediate vesting of his options. I expect that ANSW will get bought out sometime in the next year and likely in the next six months. I think the buyout price is likely to be north of $25/share and probably much higher if it is done in the second half of next year. Also, ANSW presented at an investors conference today which certainly helped the share price today. ANSW is working on their direct advertisement sales currently and I expect revenue growth to accelerate starting in Q1 of next year.
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