The challenge for UNTD, which is the same as for ELNK, is whether they can reinvest dialup profits into other long term businesses. So far, their attempt to do so with FTD didn't work. Classmates, et al, isn't doing so well. ELNK has tried to use their dialup $'s to buy CLEC's and other infrastructure which resulted in huge losses. UNTD's choices are to continue looking for investments or use the dialup revenue to pay dividends and buyback shares while awaiting the inevitable, continued attrition of their dialup base.
I sold mine today an Bought BMY the prospect of this new approach of curing cancer has changed things an I decided to take a little dividend. I had to take a trip by Greyhound this past month an looked at the NetZero web site an although the bus was packed an making money (no doubt) it smelled like dirty underware. I just don't want to try to make money off poor people. Truthfully my second choices would be NZ Tel or the AUS Tel Telstra an thats half a decision because I think the wise move would be to move to either of those two countries over this one.