Stocklemon Updates iMergent
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IMergent vs. Microsoft….You be the Judge
It is no surprise to any reader that Stocklemon has long been skeptical of the business of iMergent (AMEX:IIG). We have considered this company to have a “terminal business model”. We tip our hats to the management of the company who has been able to juggle legal problems, SEC Investigation, and negative publicity and keep the seminars going and the revenue flowing.
Admittedly, we believed that the eventual end of iMergent was going to come at the hand of regulators but we were wrong. We now believe that the end of iMergent will come at the hand of fair competition.
Yesterday, November 15 2006, Microsoft launched Office Live. While iMergent was using the Microsoft logo without authorization on their marketing materials, Microsoft was busy developing a web based platform aligned with the way software is now distributed to consumers.
Office Live has been called the “best of web 2.0” and is making small business websites efficient commodities.
1. Starting Jan 1, Office Live will be preloaded on Toshiba and Sony Computers.
2. Through a partnership with Best Buy, customers of new computers will be offered a free 3 month trial to the premium offerings of Office Live
3. Customer support for Office Live will be offered through Best Buy’s Geek Squad.
NOW THAT IS DISTRIBUTION!
Stocklemon has put forward a chart so one can compare Storesonline’s product to Office Live:
(more…)
