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Re: CharlesNet post# 3937

Wednesday, 07/20/2011 11:15:30 AM

Wednesday, July 20, 2011 11:15:30 AM

Post# of 5961
I doubt they will try to merge the 2 sites. I actually thought they'd try to buy MySpace when it was being sold for under 40M. That would have been a cheap way to get eyeballs and have more exposure for their games. Their games are quite profitable if you don't have to pay huge revenue share to the likes of Facebook. Considering that the combined entity is trading at 4x revenues I think that a floor might be put in at these high single digits - finally.