By Nat Worden, Of DOW JONES NEWSWIRES
NEW YORK -(Dow Jones)- Barry Diller, chief executive with IAC/InterActiveCorp. (IACI), said Wednesday that Microsoft Corp.'s (MSFT) deep-pocketed marketing push for its Bing search engine bodes well for the future of his company's search engine, Ask.com.
"They're going to get a decent enough share for them to be competitive," Diller said at an investor conference in San Francisco. "That's good for anyone in search who is unaffiliated."
Currently, Ask.com is affiliated with Google Inc. (GOOG), the search leader, but Diller said that contract will end within 2 1/2 years and possibly earlier. While he's not planning to sell Ask.com, Diller said he does think the company needs to make a strategic move with the business...
from Nasdaq
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Comment: later in the article it says: "As for IAC's cash pile, Diller said the company is investing in online premium media businesses, and it's looking for ways to return cash efficiently to shareholders or invest it at above-market returns."
Maybe a letter to Diller is in order - see if he wants to 'invest' in Blinkx - 'cause that's the only way shareholders are going to see the share price move up...
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