Something has changed (with Internet investing). You don't have the craziness of a wild IPO market.
More Quotes from Ryan Jacob:
Three years ago, nobody took the Internet seriously. We're in it for the long term.Ryan Jacob
Really, the Internet is broader than one sector. We're going to focus on companies that focus the least on technology. Tech companies just are not attractive. They are too competitive, and they have predatory pricing.
Ryan Jacob
Unfortunately, we still have Iraq dominating the news and any changes in the situation there will have a big affect -- although I think we are in a period now that's seasonally strong for the market, especially in technology. So, I think everyone's going to be very focused on how companies are doing in this fourth quarter and then, obviously, the holiday season.
Ryan Jacob
The IPO market right now is very weak. However, when you have a deal this size and this level of recognition, a blue chip company, generally, companies like this can supersede market conditions.
Ryan Jacob
Software.net has the potential of being a leader in this space and there are clear comparisons to Egghead.com, and also to some of the online companies that sell CDs. They're really not that much different.
Ryan Jacob
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