Let's compare what we thought GeoCities could do in terms of market cap and what it's done now that the public has had a chance to bat this one around. GeoCities could ignite values again for these top sites and those nipping on the heels, the top 25 sites. This time around we did some more abacus thumping and came up with a look at all of the top 10 Web sites vs. the average value per user.
Leadership deserves a premium and high expectations deserve high expectations.
When the new Disney-Infoseek portals and other Web efforts start to emerge, SEEK will start to get some respect. A combined DisneySeek Web valuation in our minds ought to approach Excite-like levels in value per user. Wall Street continues to look at SEEK in the rear-view mirror. Yes, it's technology-centric. But Disney isn't.