Alan Meckler: Why MKTW is Selling?
By Rafat Ali - Fri 29 Oct 2004 11:10 AM PST
From the master of selling out at the right time, on why MarketWatch is considering selling at this point: “While Marketwatch revenues have grown, it faces a steady fight for mindshare and readership with the myriad financial online sites. So with good numbers for the previous 12 months, this is a great time to sell. I am not suggesting that Marketwatch cannot grow over the next 12 months, but such growth would probably not duplicate the numbers for the previous 12 months. Thus the sale.”
