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January 31, 2005

SpeculatingStocks.com Stock Pick: GuruNet Corporation (GRU)

Stock Price: $13.15


GRU is now at its 52-week high and up over 56% since our stock pick. GRU is ranked 8th on the list of largest percentage winners so far this year. GRU has the potential to become the TZOO or TASR of 2005 through their Answers.com reference engine.

Answers.com was just launched January 3rd and the Wall Street Journal personal technology guru is already praising it: Unlike Search Engines, Answers.Com Responds With Data, Not Links. We expect Answers.com traffic to close in on the ranks of AskJeeves.com. One of the major generators of traffic for Answers.com, other than the media coverage and buzz, is Google. Though a formal partnership has not yet been announced, Google's definition link in its search sends users to Answers.com. It appears as if Google has switched from Dictionary.com to Answers.com. Amazon has already signed a deal to use Answers.com through their A9.com search engine.

Lots of people are saying Answers.com is the future of search engines. Even if this is not true, Answers.com provides a great supplement to regular search.

The best part of GRU other than their groundbreaking product is its extremely low float of only 3.7 million shares. GRU is still relatively undiscovered yet look how much it has risen, just think when more demand comes into the picture in the very near future.

ASKJ, AskJeeves.com, currently has a market cap of $1.62 billion versus the market cap of GRU, $64.7 million. GRU has a product that can top AskJeeves.com.

Expect major revenues for the company from advertising at Answers.com.

 
     
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