Thursday, November 10, 2005
LiveWorld (LVWD) Q3 results
“Third quarter revenue was driven by the increasing demand for online community services and continuing acceptance of LiveWorld’s extensive offerings by leading brands,” said Peter Friedman, Chairman and CEO. “We continue to execute on our strategy of growing revenue and maintaining profitability while investing significantly in new product development.”Translation: "We can't tell you why revenues are flat, sorry." I dumped about a third of my investment after the announcement (amazingly without much of a loss at all). I'll keep the rest for now.
Fyi Walmart is doing an event using Liveworld.
Best of luck,
That's good to hear about Wal*Mart. Yep I see it, "Powered by LiveWorld".