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$28.10 1.53 (5.76%)
7/18/2008 12:47 PM

Bankrate, Inc. (RATE)

CAPS Rating:
**

The Company owns and operates an Internet-based consumer banking marketplace and provides financial applications and information to a network of distribution partners and national, regional, and local publications.

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Avatar EV38 (99.88) Submitted: 1/26/07 1:45 PM : Underperform Start Price: $37.86 RATE Score: 13.36

I made a mistake of not shorting RATE when I saw it at 50 and I still cry over that. PE of 75! 75!!! With a PE like that you'd think that they'd have a patent on a cure for cancer. Do the words "tech bubble" mean anything to the longs? "Internet advertising" (which is all bankrate.com is) is one of the riskiest and most saturated markets you could possibly be involved in. How about the housing decline? This stock beautifully mixes in the best of the two bubbles seen in the past decade and rolls it out in one simple business concept.

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Avatar Smallcapscout (74.25) Submitted: 1/27/07 4:26 PM

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I understand som eof your points but...

This is a high margin business that is actually profitable, not mired in debt, and has $100 million in cash on hand.

Advertising has moved to the internet because more eye balls have moved to the internet.

-Smallcapscout

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