where are we?, page-6

Definitely potential here but slightly disappointing. I notice that WFM used the subtle sleight of hand that Dean Jones once employed. The announcement about Searchworld's $1m in revenue per month growing at a 10% rate is not WFM revenue but simply the revenue generated by the Searchworld platform. The announcement today clarifies that by stating "net revenues" of $750k per month for Searchworld and a forecast of $11m for the year.

I was looking for more than just mildly profitable in FY10. Looks like we'll be waiting until FY11 to see earnings start to flow through. I'd like to see them bed down the current strategy over the next 12 months and not make any silly acquisitions.