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      Avatar
      schrieb am 17.08.07 10:45:00
      Beitrag Nr. 7.001 ()
      Antwort auf Beitrag Nr.: 30.588.399 von Knochenpaule am 09.07.07 10:54:19Hier wurde wieder einmal schlampig berichtet! Im Kurzportrait wird nicht erwähnt, dass sich infospace aus dem Spiele Geschäft längst wieder verabschiedet hat.Elkware gibt es nicht mehr... nach Umfirmierung in Infospace GmbH wurde es geschlossen!Ebenso wie die Firma in England!
      Avatar
      schrieb am 15.09.07 21:18:23
      Beitrag Nr. 7.002 ()
      der Kursverlauf ist echt heavy ... :eek::eek:
      Avatar
      schrieb am 18.09.07 08:01:47
      Beitrag Nr. 7.003 ()
      ...aus USA: Quartalsgewinn je Aktie: $ 0,86!!!!!
      Avatar
      schrieb am 05.10.07 20:39:59
      Beitrag Nr. 7.004 ()
      der thread ist ja richtig tot -

      na ja jetzt liegt der cash bei rund 500 mil usd - ca. 14,80 usd je share

      und er kurs bei rund 19 usd.

      ich denke mal krass unterbewertet.

      :look:
      Avatar
      schrieb am 05.10.07 20:40:35
      Beitrag Nr. 7.005 ()
      das ziel dürfte 25 - 30 usd. sein

      meine einschätzung

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      schrieb am 15.10.07 16:18:17
      Beitrag Nr. 7.006 ()
      Antwort auf Beitrag Nr.: 31.861.479 von boerseaugsburg am 05.10.07 20:40:35Damit ist der große, über Jahr gehegte und gepflegt Traum von einer Marktführerschaft bei Mobile Search ausgeträumt.
      Für Peanuts (verglichen mit dem Potential!) schmeißt man diese Perle weg! Das ist mehr als zum Kotzen!

      Press Release Source: InfoSpace, Inc.


      InfoSpace to Sell Mobile Services Business for $135 Million in Cash
      Monday October 15, 9:25 am ET
      Net Proceeds Expected to be Distributed to InfoSpace Shareholders as Special Cash Distribution Following Close of Transaction


      BELLEVUE, Wash.--(BUSINESS WIRE)--InfoSpace, Inc. (NasdaqGS: INSP - News) today announced that it has entered into a definitive agreement to sell its mobile services business to Motricity, a privately held provider of mobile content services and solutions, for $135 million in cash.
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      “This transaction is another opportunity to unlock value for our shareholders,” said Jim Voelker, Chairman and CEO of InfoSpace. “Like the previously announced sale of our online directory business for $225 million in cash, this transaction is extremely tax efficient, allowing us to capitalize on our net operating losses to significantly maximize the cash proceeds from the sale.”

      Prior to anticipated cash distributions, after completion of the sale of the online directory business and upon completion of the sale of the mobile business, the Company expects to have in excess of $550 million in cash.

      With these transactions, InfoSpace will be solely focused on online search. We will maintain a strong financial position and a solid distribution network with over 100 private label partners as well as our award winning branded websites such as Dogpile.com. Based on results for the first half of the year, our search business represents over 60% of InfoSpace’s revenue. Our search business is highly scalable and continues to generate strong cash flow,” concluded Mr. Voelker.

      Following the close of the transaction, the Company expects to return a significant portion of the net proceeds from the sale to shareholders as a special cash distribution. The Company will utilize a portion of its net-operating loss carry-forwards to offset substantially all of the taxable gain resulting from the sale, increasing the cash available for distribution to shareholders.

      The transaction is expected to be completed within the next 90 days, upon the satisfaction of customary closing conditions and regulatory approvals, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

      Credit Suisse Securities (USA) LLC is acting as financial advisor and Wilson Sonsini Goodrich & Rosati is acting as legal counsel to InfoSpace in connection with the transaction.

      About InfoSpace’s Mobile Business

      InfoSpace’s mobile is a leading developer of mobile technologies and infrastructure services to help mobile users quickly and easily discover and enjoy content and information on the go. InfoSpace’s mobile platform offers carrier partners a customizable, scalable solution for the programming and delivery of mobile content, helping build stronger brands and generate revenue. The company's mobile products and services are available to over 200 million consumers through mobile operators such as AT&T Mobility, T-Mobile, Verizon Wireless, Sprint Nextel, and Virgin Mobile.

      About InfoSpace®

      InfoSpace, Inc. is a leading developer of tools and technologies to help people discover and enjoy content and information – whether on a mobile phone or on the PC. InfoSpace uses its proprietary metasearch technology to power a portfolio of branded Web sites, including Dogpile (www.dogpile.com) and Zoo (www.zoo.com), a kid-friendly search engine, and provide private-label search and online directory services to consumers on a global basis. The company’s mobile platform and applications, such as InfoSpace Find It! (www.infospacefindit.com), create revenue opportunities for carriers, while satisfying consumer demand for a highly relevant mobile user experience. More information can be found at www.infospaceinc.com.

      Forward-Looking Statements

      This release contains forward-looking statements relating to InfoSpace, Inc.’s proposed sales of its directory and mobile businesses that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words “believe,” “expect,” “intend,” “anticipate,” variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward looking. Forward-looking statements include without limitation statements regarding the expected completion of, and timing of, the proposed sales, utilization of InfoSpace’s net-operating loss carry-forwards (NOLs), and the prospects of InfoSpace's online search business. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect InfoSpace’s actual results include satisfaction of closing conditions, including governmental and third party consents, the effect of taxes, balance sheet working capital adjustments and indemnity obligations on InfoSpace's total proceeds, general economic, industry and market sector conditions, the progress and costs of the development of our products and services, the timing and extent of market acceptance of those products and services, and our dependence on companies to distribute our products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace’s most recent Annual Report on Form 10-K and quarterly reports on form 10-Q as filed from time to time, in the section entitled “Risk Factors.” Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. InfoSpace undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.



      Contact:
      InfoSpace, Inc.
      Stacy Ybarra, 425-709-8127
      stacy.ybarra@infospace.com
      Avatar
      schrieb am 15.10.07 20:55:30
      Beitrag Nr. 7.007 ()
      Antwort auf Beitrag Nr.: 32.001.411 von Midas2000 am 15.10.07 16:18:17was bleibt dann noch übrig.

      geht der ausverkauf weiter
      Avatar
      schrieb am 15.10.07 22:19:38
      Beitrag Nr. 7.008 ()
      Ich überlege gerade, was ich noch mit INSP im Depot soll?
      Nach acht Jahren, einem Einstandskurs von Minus Null (Teilverkäufe 2000) ist nun wohl Schluss.
      Warum sollte man noch halten ???

      Danke für Antworten.

      Skini
      Avatar
      schrieb am 15.10.07 22:23:14
      Beitrag Nr. 7.009 ()
      Antwort auf Beitrag Nr.: 32.011.355 von Skiniwilli am 15.10.07 22:19:38cash je share 17 usd.

      ich denke, dass da noch einige dollars drin sind ehe man verkaufen sollte.

      meine einschätzung
      Avatar
      schrieb am 16.10.07 12:03:53
      Beitrag Nr. 7.010 ()
      Antwort auf Beitrag Nr.: 32.011.453 von boerseaugsburg am 15.10.07 22:23:14Klar kann es nochmal ein paar Dollar hochgehen, aber die große Fantasy ist raus.
      Das werde ich wohl nie begreifen:
      Jahrelang erzählt man den Anlegern wie bedeutend Mobile search wird. Eine Einschätzung, die m.E. weiter gilt.
      Man entwickelt ein Topprodukt, besser als das von Google, kann es bei drei der vier größten US-Carrier platzieren, und dann verkloppt man das ganz für läppische 130 Mio $!
      Und zurück bleibt ein Bereich, in dem man läppische - und konstant sinkende - Marktanteile von 0,6 % hat.
      Wenn es je den Straftatbestand "Verschleuderung von Aktionärsvermögen" gab, dann wohl hier!
      Avatar
      schrieb am 19.10.07 17:50:10
      Beitrag Nr. 7.011 ()
      Antwort auf Beitrag Nr.: 32.021.619 von Midas2000 am 16.10.07 12:03:53Das kann nur bedeuten, dass INSP-Mobile-Search doch nicht so bahnbrechend war, wie man es immer verbreitet hat.
      Was will man jetzt noch aus dem Hut zaubern?
      Mich würde mal interessieren was der Begründer N.J. dazu sagt.
      Avatar
      schrieb am 19.10.07 18:34:58
      Beitrag Nr. 7.012 ()
      Antwort auf Beitrag Nr.: 32.087.247 von Skiniwilli am 19.10.07 17:50:10Out of the Gate: Infospace Rises
      Friday October 19, 10:32 am ET
      Infospace Rises After Analyst Upgrades Ahead of Expected Special Dividend of $12 Per Share


      NEW YORK (AP) -- Shares of Infospace Inc. rose Friday after an analyst upgraded the online search company, ahead of an expected special dividend of about $12 per share.
      Needham analyst Mark May raised his rating on Infospace to "Buy" from "Hold" and established a $23 price target.

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      The Bellevue, Wash.-based company is expected within 90 days to close on the sale of its directory and mobile businesses for $225 million and $135 million, respectively, May said. When the deals close, May anticipates Infospace will declare the special dividend to be paid in the first quarter.

      "While we see challenges to growth in the online search business, we do view it as a cash cow business and view the current valuation as compelling," May said in a client note.

      If the company declares a dividend, May said it would be left with cash in the range of $175 million to $200 million.

      Shares of Infospace, which owns Web search sites including Dogpile.com and Zoo.com, rose $1.03, or 5.4 percent, to $19.85 shortly after the market opened.
      Avatar
      schrieb am 21.10.07 13:28:41
      Beitrag Nr. 7.013 ()
      InfoSpace macht m.E. genau das Richtige im Sinne des Aktionärs!

      InfoSpace hat außer am Klingeltonboom zu partizipieren nicht viel zu Stande gebracht!
      Der Anstieg 2000 war im New Economy Boom geboren und auf Lügen und friesirten Zahlen und Umsätzen von Scheinfirmen begründet!

      Danach kam der Anstieg von 4$ auf über 50$ wg der Klingeltongeschichte, der war fundamental untermauert!, alles andere war mehr Schein als Sein!

      Insp. hätte wohl unserer Überzeugung zum trotz wg seiner "kleinen Größe" niemals etwas zu Stande gebracht im Mobile Search Bizz!

      Über die Verkaufspreise der Segmente läßt sich streiten.

      aber wenn ich 12$ Dividende für meine restlichen Anteile bekomme, Insp weiterhin 200Mio Cash hält, und profitabel bleibt im Metaserch Segment, trotz des Mini Marktanteils, dann kann ich das PE abzgl Restcash an einer Hand abzählen!

      Fazit: wenig Wachstumsphantasie, aufgrund der Dividende (Kaufe das Gerücht, wie hoch etc?) und das kaum vorhandene PE ist Insp ein absolutes Strong Buy mit einem Deckel bei 25-30$ und vielleicht 10% Rückschlagspotential in turbulenten Zeiten!

      ich hab NDX Puts im depot und werde diese am Montag in Insp(u.a. wg der Dividende) tauschen, ich hoffe das ist die richtige Entscheidung!

      :)
      Avatar
      schrieb am 21.10.07 21:49:45
      Beitrag Nr. 7.014 ()
      InfoSpace BIZZ is Metasearch "Dogpile"

      & Dogpile rulez!??

      nun Marktanteile dazugewinnen (J.V. ist wohl definitiv der falsche Mann für diesen job) und Insp Metasearch kann eine "Cash Cow" werden mit 10 %Umsatzanstieg Year over Year und guten Margen!

      auch wenn das nicht mein Traum von Insp war/ist, aber jetzt besteht m.E. Potential für den Aktienkurs, und das zählt!

      http://www.jdpower.com/telecom/online-service/search/index.a…

      http://www.pandia.com/sew/548-dogpile.html
      Avatar
      schrieb am 22.10.07 15:27:06
      Beitrag Nr. 7.015 ()
      Antwort auf Beitrag Nr.: 32.097.124 von Realnetworker am 21.10.07 13:28:41Insp. hätte wohl unserer Überzeugung zum trotz wg seiner "kleinen Größe" niemals etwas zu Stande gebracht im Mobile Search Bizz!

      Vielleicht wegen der Unfähigkeit von JV! Aber sonst?
      Man hatte ja reichlich Cash, um die Sache zu promoten.
      Man hätte es einfach kostenlos anbieten müssen, die Kosten wären überschaubar gewesen und man hätte schnell eine hohe Marktdurchdringung gehabt.
      Und dann hätte man das ganze über Werbung sehr gut finanzieren können.
      Schade das Motricity nicht börsennotiert ist, dann würde ich dort investieren!
      Klar kann man in Infospace derzeit als Value Play investieren, aber da fehlt mir der Kick!
      Avatar
      schrieb am 18.11.07 12:43:19
      Beitrag Nr. 7.016 ()
      Antwort auf Beitrag Nr.: 32.108.246 von Midas2000 am 22.10.07 15:27:06Nov 15 (Reuters) - InfoSpace Inc (INSP.O: Quote, Profile, Research) said its board approved a special cash distribution of $9 a share, following the sale of its online directory business.

      The payout, totaling $300 million, will be paid on or about Jan.8 to shareholders of record at Dec 10, 2007, the company said. (Reporting by Dhanya Skariachan in Bangalore;Editing by Dinesh Nair )
      Avatar
      schrieb am 18.11.07 12:56:04
      Beitrag Nr. 7.017 ()
      Antwort auf Beitrag Nr.: 32.469.187 von boerseaugsburg am 18.11.07 12:43:19InfoSpace, Inc. (INSP)

      Q3 2007 Earnings Call

      November 1, 2007 5:00 pm ET

      Executives

      Stacy Ybarra - Director, Investor Relations

      James F. Voelker - Chairman of the Board, President, Chief Executive Officer

      Allen M. Hsieh - Chief Financial Officer, Chief Accounting Officer

      Analysts

      Scott Sutherland - Wedbush Morgan Securities

      Derek Wood - Pacific Growth Equities

      Presentation

      Operator

      Welcome to the Infospace Incorporated third quarter 2007 earnings conference call. Today’s program is being recorded. For opening remarks, I would like to turn the call to Miss Stacy Ybarra. Please go ahead ma’am.

      Stacy Ybarra

      Good afternoon and welcome to Infospace’s third quarter 2007 earnings conference call. I am Stacy Ybarra, Director of Investor Relations. With me on the call today is Jim Voelker, Chairman and CEO, and Allen Hsieh, Chief Financial Officer.

      Before we get started I want to remind you of three things: first, this is an investor call; accordingly, we will only be taking questions from the investment community. Second, this conference call contains forward-looking statements relating to the development of the company’s products and services, the development and future of the company’s business, strategic transactions being pursued by the company, and anticipated future operating results.

      These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could affect the company’s actual results of operations include, but are not limited to, the progress and costs related to the development of our products and services; the timing and market acceptance of those products and services; our dependence on companies to distribute our product and services; the performance of our systems; the effectiveness of the development and implementation of our strategy; possible changes to that strategy, and the ability to retain key contracts and personnel.

      A more detailed description of the certain factors that could affect actual results of operations is contained in the company’s most recent annual report on form 10-K and quarterly report on report 10-Q as filed from time to time with the Securities and Exchange Commission in the section entitled “Risk Factors.”

      Listeners are cautioned not to rely on forward-looking statements which speak only as of the date of this conference call. The company undertakes no obligation to update publicly forward-looking statements due to new information, events or circumstances after the date of this conference call, or to reflect the occurrence of unanticipated events.

      Third, please note that on this call we will provide you with non-GAAP financial information; these items together with the corresponding GAAP numbers and a reconciliation to GAAP are contained in today’s earnings release, which we have posted on our website at www.infospaceinc.com, and filed with the FCC on form 8-K.

      We will also discuss historical financial and other statistical information regarding our business and operation. Some of this information is included in the press release, and the remainder of the information will be available in a reported version of this call on our website.

      Now, I’ll turn the call over to Jim; following his comments, Allen will review the third quarter results and fourth quarter outlook. Then we will open up the call to your questions.

      James F. Voelker

      Thanks Stacy. Welcome to the call today. It’s been a very eventful fall. On an operating basis, we’ve exceeded GAAP guidance in both revenue and adjusted EBITDA, and we unlocked significant value for shareholders by executing definitive agreements to sell our online directory and mobile service units for a combined total of $360 million in cash.

      I’m pleased to announce that the directory sale to Idearc for $225 million in cash closed yesterday and we expect the mobile transaction will close in the near future. We also anticipate distributing a significant portion of these proceeds to shareholders in early January.

      I’ll start by sharing some details on the transactions and the positive outcome for shareholders, and then I’ll discuss the ongoing search business.

      Earlier this year the board and the management began to evaluate alternatives for closing what was a significant gap between our market valuation and the company’s asset value. We focused on a strategy in which we would sell certain assets to unlock value, and still retain a majority of our revenue and segment income.

      We consistently believed that the aggregate value of our assets – search, directory, mobile and our $1 billion NOLs – had not been recognized in the stock price, and in fact, the proceeds from these transactions alone are almost double the enterprise value in mid-September. Our enterprise value being defined as market capitalization less cash.

      The recent announcements validate our strategy. As the $360 million proceeds are realized, we expect that this will be shielded from substantially all cash taxes at the corporate level by the application of our NOLs, and that our overall cash position will be in the range of $550 million or over $16.50 per share in cash. In addition, we’ll maintain our highly scalable search business, which we believe is our most valuable asset. Based on our results for the first half of 2007, we retain over 60% of our core revenue and the vast majority of our segment income.

      Now some details on the divested assets: over 90% of the revenue in the directory unit was generated from the switchboard.com business, acquired in 2004 for $103 million. In the first half of 2007, directory represented approximately $17 million in revenue and $11 million segment income. While this business is very profitable, growth has been stagnant, therefore an implied multiple of more than ten times segment income, this was an attractive transaction.

      On the mobile side, we experienced good revenue growth from our mobile services business this year. Up over 50% from the third quarter last year, and we believe the unit will be in break-even in the fourth quarter. But it’s an early-stage business, and as a component of our businesses, we did not believe it was garnering appropriate market value. At 2 ½ times our annual revenue guidance, we believe this transaction delivers full value for our shareholders.

      Now onto our search business: upon the completion of these transactions, Infospace will be a focused online search company, well positioned for growth and success. As we move toward next year, we will further align our cost structure with the expected revenue from search. And while we will share more details in the near future, our financial objectives are for gross profit margins to be in the range of 55-60% and adjusted EBITDA to be 15% plus in 2008.

      This refined focus will benefit our business and our shareholders. The opportunity for search continues to be significant. Among our assets, a highly scalable, proven business model; a J.D. Powers certified highest satisfaction product two years running; strong and unique monotization relationships with Google, Yahoo, Live Ask and many others; a broad distribution network of over 100 partners; new opportunities in portal and DNS monotization; and positive market trends as well. The latest market developments in vertical and human-powered search serve to enhance our metasearch value proposition, and search frequency and advertising rates continue to rise year-over-year.

      Posting these transactions and the return of capital to shareholders will maintain a strong balance sheet and increase our cash generation. Personally, I’m excited for the prospect of full-focus on one business.

      This has been a very positive year for Infospace shareholders. In May, we paid a $208 million or $6.30 per share dividend and in the past few months we completed or entered into definitive agreements to unlock substantial value via the sales of our directory and mobile businesses. In addition, by utilizing our NOL assets, we expect to maximize the proceeds available for distribution, and we retained the majority of our revenue and segment income in a dynamic growing market. Over the past five years, we have generated over a 6 ½ times return for investors and we look forward to the next chapter.

      And speaking of next chapters, in connection with these transactions, Brian McManus, Executive Vice President of our online division will leave the company by the end of the year. Brian’s been a strong leader and he’s chiefly responsible for the success we’ve had in our search and directory business for the past four and half years. We thank him for his considerable contributions and we wish him the best in his future endeavors.

      With that I’ll turn the call over to Allen for more details and guidance. Allen?

      Allen M. Hsieh


      Thanks Jim. I will start with a review of our third quarter results and then discuss our outlook for the fourth quarter. Please keep in the mind that for the third quarter of 2007 and all prior periods, the operating results of the directory business has been presented as discontinued operations in our GAAP financial statements.

      Revenues from continued operations for third quarter of 2007, which include online search and our mobile businesses, were $48.7 million, compared to $88.3 million in the third quarter of 2006. As expected, total revenues decreased compared to prior year, primarily as a result of exiting the mobile media business.

      Directory revenues of $8.7 million in the third quarter of 2007 are now treated as discontinued operations. Had directory remained part of our continuing operations, revenues would have been $57.5 million for the third quarter of 2007, which significantly exceeded our expectations.

      Third quarter 2007 adjusted EBITDA from continuing operations, which include adjustments to our restructuring reserve, was approximately $400 thousand, compared to a negative $56.2 million in the third quarter of 2006. Had we included the segment income from our directory business, adjusted EBITDA would have been $3.8 million, which also exceeded our expectations.

      Net loss in the third quarter was $12.3 million, or $0.37 per share, compared to third quarter 2006 net loss of $46.7 million. Weighted average shares outstanding were $33.2 million for the third quarter of 2007.

      Turning to our segments, in the third quarter of 2007, online search revenues were $33.9 million, sequentially up 7% compared to second quarter 2007 revenues of $31.8 million. In the third quarter of 2007, approximately 40% of revenues were derived from our own sites and distribution search revenues were approximately 6%. As expected, revenue growth in the third quarter of 2007 was attributable to our search distribution network.

      We saw revenue growth from both organic and our FCM distribution partners. Segment income was $10.1 million in the third quarter of 2007, a decrease of 6% compared to second quarter of 2007 of $10.8 million.

      Moving on to mobile, revenues in the third quarter were $14.9 million, comprised of $13.9 million in mobile services revenues and $1 million from our media content business. Mobile services revenues increased by 4% from the second quarter 2007 revenues of $13.3 million. We had a segment loss of $2.4 million in the third quarter of 2007 – a more than 30% improvement to the second quarter 2007 segment loss of $3.6 million. Our mobile business is on-track to be break-even by the end of the year.

      Regarding the balance sheet, we ended the quarter with $214.8 million in cash and marketable investments and had no debt. With the addition of $225 million that we collected yesterday from the Idearc sale, our cash balance is approximately $440 million.

      Turning to our outlook, beginning in the fourth quarter of 2007, the company will present directory and mobile as discontinued operations and we will only be providing guidance for our online search business. Our guidance excludes the directory and mobile discontinued operations; gains from those sales of those two businesses, and any other non-recurring charges.

      For the fourth quarter of 2007, the company expects search revenue to be between $34-35 million. Additionally, the company expects adjusted EBITDA from continued operations to be approximately $1 million, and GAAP net loss from continued operations to be between $7.5-8.5 million or $0.22-0.25 per share.

      As we move forward, we are organizing around our online search business, and we will align our costs appropriately. Our financial objectives are for gross profit margins to be in the range of 55-60% and adjusted EBITDA margins to be in the 15% plus range.

      With that, I will now turn the call over to the operator, and we will be happy to take your questions.

      Question & Answer Session


      Operator


      Thank you. (Operator Instructions) We’ll go first to Scott Sutherland with Wedbush Morgan Securities.

      Scott Sutherland - Wedbush Morgan Securities

      Good afternoon and good job managing through all the moving parts. First, since search is going to be your stand-alone business I want to focus a little bit there. You mentioned some SCM growth and growth in the core business; so this SCM stuff’s been kind of lumpy and you have been guiding it generally down over the long-term, so how do you see this playing out now?

      James F. Voelker

      Well I think SCM is going to have some volatility in it; although the legitimate portions of SCM, and I’ll characterize that, are really getting strongly defined now. And so that operators, SCM and marketing kinds of companies are seeing the exact parameters in which they can operate in. Basically what that means is they have to enhance the content on their websites and the landing pages, and they have to provide a high-quality user experience that then translates into high-quality and high-converting traffic. Like anything else, as the enforcements come, people come along to that and figure ways to do it. I think we’re going to see it still remain volatile for awhile but it is narrowing down into an area where people know what they can and can’t do and how it’s going to monotize.

      Scott Sutherland - Wedbush Morgan Securities

      You saw a kind of sequential growth in the online unit, but you saw sequential decline on the segment income; did you invest here or did something else move around on the online unit?

      Allen M. Hsieh

      We did invest in some initiatives in the third quarter and these are opportunities that we see in the future in the online search business.

      Scott Sutherland - Wedbush Morgan Securities

      On a year-over-year the online search was down about $7 million was that all SCM or could you say whether you had organic growth in the non-SCM business?

      Allen M. Hsieh

      Year-over-year it went from third quarter 2007 to third quarter 2006 we had a combination, and the primary drivers were the declines in the SCM but we had enough in the organic piece of our business.

      Scott Sutherland - Wedbush Morgan Securities

      Just a couple of more questions here and I’ll be out of your way. You’ve guided $1 million EBITDA next quarter but you got about $400 thousand this quarter and the mobile impact would be about $2.5 million so you’re implying you’re doing $3 million EBITDA and you’re also guiding revenue up, so is there some other type of investment going in Q4 that’s going to keep EBITDA down for the quarter?

      James F. Voelker

      Yes we are going to make some other investments and look at trying to draw in more distribution partner revenue growth.

      Scott Sutherland - Wedbush Morgan Securities

      Okay. The last question I had if you dividend out most of the cash but you’re going to keep some of the cash on top of the x million you had before, do you see plans for that cash; I mean is more buy-backs or would be more strategic M&A would be the first priority of business?

      James F. Voelker

      To be clear we haven’t determined exactly how much cash we’re going to retain in the company, but we’re a smaller entity now so our cash needs that we’ve seen previous to be at a level to be around $200 that may not need to be that kind of a number for going forward. But we haven’t made that decision yet. And obviously what we’re looking for is to see are there other opportunities here for some kind of M&A that’s really right on top, and basically what we’re interested in is anything that would drive or provide quality search traffic. We’re not looking to spread out into any other kinds of businesses; we’ve taken that class here on the mini-conglomerate but we’d definitely be interested in acquiring quality search traffic, so that’s what we’d be looking at.

      Scott Sutherland - Wedbush Morgan Securities

      Okay, great, thanks a lot guys.

      Operator

      And we’ll go next to Derek Wood with Pacific Growth Equities.

      Derek Wood - Pacific Growth Equities

      Hi thanks. Just wanted to clarify on the dividends, as an investor to they get taxed on the dividends or are you somehow able to use your NOLs to make that a tax-free dividend?

      Allen M. Hsieh

      Derek, the NOLs that we have are really the company’s NOLs so it cannot be applied, or pushed down if you will to the shareholders. And the amount of the dividends that is taxable to shareholders depends on a number of factors including how much accumulated earnings and profits and current profits we have. It is an annual type measure.

      Derek Wood - Pacific Growth Equities

      Okay, and now that you’ve carved out some of your NOLs what’s kind of the current NOL standing right now?

      Allen M. Hsieh

      If I look at this on a broad-stroke basis, we had about $1 billion NOL to begin with, we just recently, between the two transactions roughly $360 million gross proceeds, as you can tell there’s not a lot of, if you will, bases in those assets so let’s call it $300 million of those will probably be in the gain range, so you’re looking at between $600-700 million in NOLs.

      Derek Wood - Pacific Growth Equities

      That’s what’s remaining?

      Allen M. Hsieh


      It’ll be between $600-700 million,


      Derek Wood - Pacific Growth Equities


      Okay. And then, how many diluted shares outstanding do you have if you didn’t have an anti-diluted situation right now?

      Allen M. Hsieh


      You mean included all the outstanding RSUs and options?

      Derek Wood - Pacific Growth Equities

      Well yes, if you were reporting profitability what would be the total diluted shares outstanding?

      Allen M. Hsieh

      I don’t have that right off hand Scott; one thing we’ll have in our 10-Q it’ll be on file and that should be out early next week.

      Derek Wood - Pacific Growth Equities

      Okay and then on the EBITDA margins getting to 15%, is there a timeline; obviously it’s not going to happen next quarter given your guidance; can you get to that number fairly quickly, how are you thinking in terms of cost reductions, and how long that’s going to take?

      James F. Voelker

      We think the cost reductions will be effected relatively quickly, however, there’s always transitional; and even in these deals that we’ve done, these transactions we have some transitional issues to deal with. We’ve taken three businesses and split them off and so we’ll have some issues to deal with in terms of small amounts of real estate, and some other issues that will carry through a little bit into next year, but we’re looking at that number as an annual number for 2008.

      Derek Wood - Pacific Growth Equities

      Okay then if you could just drill down a little bit on, without mobile where are you going to see most of the savings in the operating and expense line? And then actually moving up above that, you did about $5.5 million in systems and network operation costs, is there any room for reduction there? Thanks.

      James F. Voelker

      That’s a real long and complicated answer and I think at this point we’ll put those details off until the next time we have a chance to chat.

      Derek Wood - Pacific Growth Equities

      Okay well thanks for the update.

      Operator

      (Operator Instructions) And we appear to have no further questions. I’ll turn the conference back to our speakers for any closing remarks.

      Stacy Ybarra

      Thanks everyone for joining.

      Operator

      That concludes the Infospace Incorporated conference call. You may now disconnect and have a good day.

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      Avatar
      schrieb am 18.11.07 13:22:24
      Beitrag Nr. 7.018 ()
      Antwort auf Beitrag Nr.: 32.469.227 von boerseaugsburg am 18.11.07 12:56:04tot scheint der laden nicht zu sein

      auf 2008 darf man gespannt sein -

      und die dividente von 9 usd, na ja wenn der kurs wieder angepasst wird, ist das kein geschäft.
      Avatar
      schrieb am 04.01.08 09:58:53
      Beitrag Nr. 7.019 ()
      Antwort auf Beitrag Nr.: 32.469.335 von boerseaugsburg am 18.11.07 13:22:24Aber nun die ersten Auflösungserscheinugngen:

      Allen Hsieh verläßt dass ( sinkende?) Schiff.
      Avatar
      schrieb am 03.05.08 02:54:39
      Beitrag Nr. 7.020 ()
      Uuuups: die Ergebniss des Q1 waren nicht so wie vorhergesehen:

      AP
      InfoSpace plunges after company reports wider 1st-qtr loss
      Thursday May 1, 2:18 pm ET
      InfoSpace shares fall after company says 1st-qtr loss widened with $6.7M impairment charge


      NEW YORK (AP) -- Shares of InfoSpace Inc. sank Thursday after the online search engine operator said its first-quarter loss widened as a large impairment charge and increased operating expenses overshadowed revenue growth.

      Late Wednesday, the Bellevue, Wash., company said its first-quarter loss totaled $2.8 million, or 8 cents per share, compared with a loss of $540,000, or 2 cents per share, in the year-ago quarter.

      Revenue rose to $42.2 million from $35.9 million.

      In a conference call InfoSpace Chief Financial Officer David Binder said the company experienced growth in its distribution segment, which includes revenue from Web search and advertising services provided to other companies.

      Analysts polled by Thomson Financial expected a profit of 2 cents per share on $36 million in revenue. The estimates generally exclude one-time items.

      InfoSpace reported a $6.7 million impairment charge from its investments in auction rate securities. It also said its operating expenses rose 14.7 percent to $39.6 million, due mostly to a sizable increase in content and distribution expenses.

      InfoSpace expects a second-quarter net loss of $400,000 to $1.9 million, or a penny to 6 cents per share, on $34 million to $36 million in revenue.

      Analysts expect a profit of a penny per share on $35.4 million in revenue.

      In a client note, RBC Capital Markets analyst Ross Sandler raised his price target for the stock by $1 to $14. He rates the stock "Sector Perform."

      The analyst said he is "encouraged by the first-quarter progress" but is "cautious about the long-term sustainability of the affiliate revenue (especially amidst Google's ongoing cleanup effort and a competitive environment for distribution deals)."

      InfoSpace shares fell $1.60, or 13.2 percent, to $10.47. In the past year, the stock has traded between $8.14 and $26.23.

      Source: Yahoo
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