« Traveling | Main | Apple: Have Fake Business News, Will Comment »
Latest Stories
- Excel Wankers and Recession Averages
- Sorry, New York is Closed. Check Back Later.
- Catching Falling 2009 Earnings Estimate Knife
- Survivorship Bias in Global Markets
- Talking Positions on a Lazy-ish Retirement Portfolio
November 16, 2007
Expedia: Underestimated Ad Play
My friend Mark over at Citi has a strong and provocative call today on Expedia. He calls it an underestimated as play, with the company set to do $500m in revs from ads, putting it tight up there with mid-cap ad-centric companies.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
John Malone talked about this at some length in Liberty Media's first-quarter conference call on May 8. He strongly suggested, without quite saying, that he would like Liberty to buy TripAdvisor as part of a broader take-private transaction for Expedia. Expedia went for Malone's other proposal -- a stock buyback -- and even that was pared back due to credit conditions. So this idea has been out there a while, but is just beginning to get noticed