Re: Associated Press article bad for DIG.
Please take note, people, this is precisely the bad type of press that I've been referring to. That staggering amount of $217 million that they refer to includes the goodwill amortization of the acquisition of Infoseek.
It's late, and I'm tired, and therefore not about to research what the real figure of operating losses were, but suffice it to say that goodwill doesn't accurately reflect the state of affairs. It simply makes for scathing reporting.
Further, having known a programmer for ESPN.com, the actuality was that they work them to death. I suspect that the amount of workers is in accordance with the depth of content offered on all the individual sites.
While sites like Excite and Yahoo merely organize information and content, DIG creates content. DIG extrapolates from its other properties to offer it up online.
In the end, will that help the stock price any given others may not have the depth of understanding that we have? I dunno. That's the $64,000...err $1,000,000 question.
One thing I have made note of is the resurging number of articles citing the need for others like MSN or Yahoo needing content. Since the stock is so depressed, I'm not sure that I have much left to lose by hanging on and seeing how the whole thing plays out.
Incidentally, board, Dick recently had a revelation. He discovered an AOL DIG board. These people are actually looking for us in an erstwhile manner, only having recently found out that there used to be a GO.com DIG board. What say to a gracious invitation to them?
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