Looksmart is trading higher today after revising its numbers upwards. Fact is, there’s room for plenty of players in search right now, even one that lost its biggest client, MSN. (Interesting, but Looksmart recently signed a deal with MSN to supply it with results on a sporadic basis, according to Dow Jones.) In fact, LOOK is in a good position to be the comeback kid, given it’s long history in the space. Odds are things will only get better, in this market anyway. I’m meeting the new CEO soon, look for a report then.
(Hat-tip to Beal)