US Search: First Class Intelligence at Bargain Basement
Page 1 of 1
US Search.com (SRCH) has been, well, searching for investors who do not like to dump the stock. Since its IPO this year, the company has been a play thing of daytraders - with a high of 17-3/8. Currently, the stock is selling at $7. But the stock may be poised for action on the upside.
For many years, major corporations have had access to useful information sources - such as Lexis Nexus, West Law and so on. The information included such stuff as business licenses, real estate ownership, marriage and divorce records, business credit reports, backgrounds on individuals, etc.
However, getting this information has been expensive, well beyond the budgets of most small and medium size businesses. Yet these businesses also could have benefited from such information.
Enter US Search.com , which provides its services over the Net, but also via a 1-800 phone number (1-800-US SEARCH). In fact, the company has been expanding its services. In a recent announcement, US Search.com rolled-out a low-cost method for accessing country criminal conviction records (the cost ranges from $25 to $45). The traditional way of finding such information was visiting a local courthouse. In early November, US Search.com revamped its Web site releasing 37 new products.
According to Nielsen//NetRatings, US Search.com was ranked 66th among the most frequented sites on the Web. Unique visitors increased from 1.8 million in the third quarter last year to 11.2 million in the same quarter this year. The sequential growth rate was 107%.
Actually, US Search.com is tantamount to a business-to-business play. As small and medium size businesses use B2B, there will be a greater need for verification. This should have a long-term effect on US Search.com.
ALL NEW! internet.com's HotWatch a monthly e-mail subscription for $99, featuring Internet Stock Report's top 10 noteworthy Internet stocks for the month. Each month you will receive in-depth analysis on the top 10 Internet stocks to watch with the information you need to assess the fast-paced nature of Internet stocks. Staying on top of market changes in the Internet Stock market is what counts. For $99 per year, you receive 12 timely issues sent to you by e-mail. Don't wait, our next issue will be out before you know it with a whole new perspective on the market. Sign up today at: e-newsletters