Gurunet numbers

Filed in archive Venture Capital on May 18, 2005

The InternetStockBlog has numbers from Gurunet:

"- Revenues were $175,633, which is pretty poor for a company
that (before reporting) had a market cap of over $150M. To make matters
worse, about 1/3 of that # was attributable to its discontinued
subscription product.

- Further detail and color provided on the Call shows that although
GRU is steadily building revenue, it is ramping at a snail's pace:

• February 2005: $16,000


• March 2005: approximately $91,000


• April 2005: approximately $91,000 (from call)


• May 2005: approximately $120,000 (from call)"

Which makes me wonder - did David forgot some zeros and commas?