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FindProfit in YASNS Sector…

Bill Martin and Matt Ragas, of FindProfit, LLC, train their collective eyes on the YASNS space:

PRINCETON, N.J., March 11, 2004 (PRIMEZONE) — FindProfit, an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of the red-hot social networking and online personals sector, including coverage of InterActiveCorp (Nasdaq:IACI) and MemberWorks (Nasdaq:MBRS).

FindProfit examines the fast-growing social networking and online personals spaces and investigates whether it's "1999 all over again," and if the latest dot-com craze is destined to fail…

FindProfit's outlook looks at the following questions:
— What do the recent acquisitions of Lavalife by MBRS and ZeroDegrees by IACI mean for the industry?
— What are the next companies to likely be acquired?
— With venture capital flowing into social networking companies like Friendster and Google's Orkut in beta stage, is the sector already diluted?
— Are companies simply "reverse-engineering" portals by building out online communities and then adding bells and whistles? Didn't the portal concept already fail once?
— Is TWX's social networking play through its ICQ unit a test of something bigger to come? Or, is the company treading slowly to see if revenues can actually be realized by this latest online phenomenon?
— Will social networking become a valuable mainstream corporate tool or will it remain something limited to the "hip" online crowd?
— When will YHOO and Microsoft's MSN get into the social networking mix?
— Will Terra Networks' (TRLY) plan to reinvent Lycos as a social networker fail?

They are also offering a 30-day free trial of their service that includes a number of items that are outlined on their website.

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