MySpace may be worth $15 billion

By Reuters
Staff Writer, CNET News.com Published: September 27, 2006 9:30 AM PDT

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Social-networking Web site could be worth around $15 billion within three years, a Wall Street media analyst forecasts.

The story "MySpace may be worth $15 billion" published September 27, 2006 at 9:30 AM is no longer available on CNET News.com.

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14 comments (Page 1 of 2)

Thats absurd come on
by kyle172 September 27, 2006 10:02 PM PDT: Thats Absurd. This guy analyst needs to find another job.; Reply to this comment

AMD - Market Cap 12.5 Billion
by ThisIsNotMyHandel September 27, 2006 10:34 PM PDT: There is no way that MySpace will ever be worth 15 billion.; Reply to this comment

AMD - Market Cap 12.5 Billion
by ThisIsNotMyHandel September 27, 2006 10:34 PM PDT: There is no way that MySpace will ever be worth 15 billion.; Reply to this comment

AMD - Market Cap 12.5 Billion
by ThisIsNotMyHandel September 27, 2006 10:34 PM PDT: There is no way that MySpace will ever be worth 15 billion.; Reply to this comment

Think so huh! I beg to differ!
by pmbx September 27, 2006 10:44 PM PDT: Just banned it from my office after we today had to dismiss THREE well-trained employees simultaneously who were hiding their web browsers fixed on myspace during work. Spent HALF their working day on myspace while we paid them! One'd been having at least one net affair behind her husband's back. Been hiding it for WEEKS sloughing off their work on fellow employees and costing our business lots of money. They were nothing if not completely absorbed. Myspace is public enemy number one for business! I hate it!; Reply to this comment

That is amazing!
by 123Tutorial.com September 27, 2006 10:44 PM PDT: That is amazing!; Reply to this comment

myspace never works
by derekwise September 28, 2006 2:10 AM PDT: how could a site that never works been worth 15 billion? The chat service takes 2 minutes to load for each sender, I get errors for simple requests like emailing, updating personal info and logging in. Sure it's the social network with zillions of hot women but you better off in the check out line.; Reply to this comment

Another Dot Com Frenzy
by techguy100 September 28, 2006 3:09 AM PDT: $15 billiion! This is "greater fool" theory at its finest. Because it was free, users were willing to accept that the Myspace barely worked. Myspace's forums are not searchable and customer support is nonexistant. This summer they had security issues. Now it is a free site that isn't working at all. See for yourself. Use the advanced feature and uncheck "show name and photo only." Search for a profile submitted by a man ANYWHERE in the US by "new'" "recently updated,"or "last login." They are all over a month old. Yet ladies' profile appear daily. The forums are full of angry males who cannot find their own profile. This looks to me like either myspace is having serious problems or it is the precursor of an attempt to become a pay-dating service. In either case, it cannot be good for business. I'd like to remind Rupert of how many of those, the 'free' Myspace buried. And they actually worked! Or try searching for a keyword. The page looks reminiscent of an old Yahoo search before Google removed all the clutter. Now corporations and bands are posing as individuals to lure members to their page only to discover the truth. As for the value added from black carpet videos and mp3's, no thanks, I've plenty other options for that. Once again, the suits just don't "get it." They've abandoned support for what built Myspace in favor or trying to turn it into what they envision an internet cash cow should look like. While they're at it, I've got some Pets.com IPO I'd love to sell them.; Reply to this comment View reply
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News Corp.
by Leo Watson September 28, 2006 4:58 AM PDT: ... certainly got a value buy, then.; Reply to this comment

Oh PLEASE!
by SleeStaK911 September 28, 2006 6:14 AM PDT: That would be like GM or AMR - fools.; Reply to this comment

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