Google Finance: Gofish Corporation

Message from discussion GOFH analysis after recent drop

ratu...@gmail.com

More options Jul 25 2007, 10:52 am

From: ratu...@gmail.com

Date: Wed, 25 Jul 2007 07:52:09 -0700

Local: Wed, Jul 25 2007 10:52 am

Subject: Re: GOFH analysis after recent drop

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Brooke:

>Not only do you use your personal loss on the stock as a barometer of its
>value

No. How about the fact that the stock has gone continually downhill
since February/March, with days with up to 50% losses -- and almost no
up days?

I kept thinking that the stock has hit bottom, and then it would only
reach new lows. Then I realized that, for a speculative stock like
this, there is NO bottom, as the stock has NO intrinsic value.

It is perhaps easy for you to be optimistic on the boards when one has
nothing invested in a company.

>you seem to fail to recognize content as an actual asset ( and a very valuable one at that).

When they are able to turn content into revenue, it will be an asset.
Until then, it is a liability. It consumes resources but has not come
close to paying for itself with revenue.

>Myspace thought they were only a $580 Million company. Rupert knew better. Let that be a lesson to us all.

How many dot-com busts have there been for every MySpace or YouTube?

I have detailed in previous posts how GOFH is different in many ways
from MySpace or YouTube. It is not family-oriented but is rather
crude and adult oriented, and is thus a very poor acquisition target
for any firm. The content quality is also poor. GOFH is not the next
YouTube.

>What should really excite everyone is this, Bolt and ostensibly
>GoFish, are behind the new company, WikiYou. Which I believe, has the
>potential to be worth more than both companies combined, and then
>some.

A call for documentation. I see NO evidence that gofish stock conveys
any interest in WikiYou. Wiki You is indeed a venture initiated by
the Bolt founder, but it does not appear to constitute part of GOFH's
acquisition.

Keep in mind - GOFH is a speculative stock. Visions of potential are
far removed from performance and financial results. Of every hundred
seemingly promising startup companies, few do well.

My concern is emphatically not just stock price. It is that, after my
comprehensive evaluation of the data, I believe that GOFH is simply
not a good company. Their revenue model, in my opinion, is wholly
inadequate to meet their expenses. I see little indication that GOFH
will make it, and many to the contrary. Perhaps the stock will turn
around -- but it is unlikely that this will happen in a time frame
that is relevant. I can scarcely justify buying remote speculative
hypothetical stock like GOFH clinging to a distant hope of "making it
big," when there are so many other stocks of better companies that are
producing very well for me.

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