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Old 07-14-2005, 02:04 PM
meow_meow meow_meow is offline
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Join Date: Jul 2004
Posts: 180
Default merits of WPTE.....

Re the Doyle takeover funnyness:

Who in their right mind would value this company at $700M? For comparison, this is about 20% of Party's market cap (maybe a bit less).

The profit they make from the show, merchandise, etc.. is very close to zero, so all of the value has to come from the online site, which just recently launched.

So yeah, the brand will help them sign up new players and compete with the big boys....
Oops, they don't take U.S. residents. Party says 80% of their players are U.S. based...

Any thoughts?
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