Sunday, March 20, 2005

IACI to purchase ASKJ, plus news/analysis in brief

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Posted by David Jackson on March 20, 2005 at 09:49 PM in ticker: AMTD, ticker: ASKJ, ticker: GOOG, ticker: GSIC, ticker: IACI, ticker: MAMA, ticker: MNST, ticker: MSFT, ticker: NFLX, ticker: SHOP, ticker: UBET, ticker: YHOO | Permalink | Comments (2) | TrackBack (0)

Tuesday, February 15, 2005

Youbet.com (UBET) on expansion into the Chinese and Spanish-speaking markets (quotes from the conf call)

Youbet.com (ticker: UBET) CEO Chuck Champion discussed his company's plans to expend into the non-English speaking U.S. markets, as well as his view of horseracing betting industry consolidation. Here are his comments:

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Posted by David Jackson on February 15, 2005 at 01:15 PM in Conf call quotes, Sub-sector: Services, ticker: UBET | Permalink | Comments (0) | TrackBack (1)

Youbet.com (UBET) down 6% after announcing 4Q04 earnings

Youbet.com (ticker: UBET) announced Q4 financial results and 2005 guidance in line with expectations.  They knocked its stock down 6% in trading. Key earnings and guidance metrics from the quarter:

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Posted by David Jackson on February 15, 2005 at 12:53 PM in Earnings results, Sub-sector: Services, ticker: UBET | Permalink | Comments (0) | TrackBack (0)

Monday, February 14, 2005

Youbet.com (UBET) spikes on China expansion

Online gambling company Youbet.com (ticker: UBET) announced before market open that it is expanding into the Chinese market. After closing at $5.46 last night, UBET stock spiked on open this morning to $5.85. But investors need to read press releases carefully, and there's a reason why the stock has pulled back since then:

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Posted by David Jackson on February 14, 2005 at 12:43 PM in Sub-sector: Content, ticker: UBET | Permalink | Comments (0) | TrackBack (0)

Thursday, December 23, 2004

Youbet stock up 15% on deals

UBET is up 15% today on news that the company signed a contract with Magna Entertainment Corporation (MEC) that gives Youbet customers live video and wagering access to all of the horse races staged at Magna tracks in 2005. MEC is North America's number one owner and operator of U.S. horse race tracks by revenues. According to the press release, "the agreement means that Youbet will once again carry content from the ten tracks Magna owns and operates outside of California".

Youbet.com is the largest Internet provider of thoroughbred, quarter horse and harness racing content in the United States as measured by handle data. Members can watch and, in most states, wager on the widest variety of horse racing content available via Youbet.com's website.

One year UBET chart below.
Ubet_chart

Posted by David Jackson on December 23, 2004 at 04:32 PM in ticker: UBET | Permalink | Comments (0) | TrackBack (0)