Topic: How To Invest

Dear Patrick, Please give me your thoughts on Intertainment Media Inc. Thank you.

Article Excerpt

Intertainment Media, $1.40, symbol INT on Toronto (Shares outstanding: 125.5 million; Market cap: $175.7 million; www.intertainmentmedia.com), owns and operates a number of online marketing companies, including Ad Taffy, itiBiti, Ortsbo and Magnum. In the three months ended December 31, 2010, Intertainment’s revenue fell 4.3%, to $1.4 million from $1.5 million a year earlier. The company lost $1.3 million, or $0.01 a share, unchanged from a year earlier. The shares moved up in April, after Intertainment announced that its online translation service, Ortsbo.com (www.ortsbo.com) was attracting 12.2 million unique visitors a month. Intertainment operates in intensely competitive markets. Even though Ortsbo is popular, the company’s prospects for significant sales gains, as well as profits, are very uncertain. It needs those gains to justify its $175.7-million market cap. We don’t recommend shares of Intertainment Media. Media. …