raffic at uTube.com large (allegedly "not evil")
recently jumped more than American corporation in an
440%. The website is entirely unrelated field of
operated by Universal Tube & business.
Rollform Equipment Corporation a
company that "specializes in On Saturday, October 14th,
buying and selling used tube Universal Tube put out this press
mills, used pipe mills and used release:
rollforming machines".
"We apologize to those who have
On its homepage, the company tried to view our webpage during
proudly proclaims: the last few weeks and were
unable. The uTube.com website is
"Our machines are stored in our now up and running strong after
125,000 Sq. Ft, Perrysburg Ohio being paralyzed this week by the
Warehouse. We have the ability to announcement of Google purchasing
rebuild, retrofit or recondition the popular YouTube.com video
each piece of equipment in our website for $1.65 billion.
inventory. We are committed to Millions of people inadvertently
being the number one supplier of typed the URL uTube.com coming to
used Tube & Pipe equipment in the our site instead of the
world!" YouTube.com they were actually
trying to reach. The heavy
Unfortunately, the company traffic flow shut down our
recently encountered a major website again and again. We have
setback in its effort to become moved our website 4 times during
the world's number one supplier the last week to servers with
of used tube and pipe equipment. additional bandwith capable of
Last week, the company's website handling our own customers and
was paralyzed by the actions of a reps along with the influx of
video searchers." be a privately held concern.
Others in the financial media On a related note, I suspect
have already reported on this Universal Tube & Rollform
story. However, I had to address Equipment Corporation's
the topic myself, as they've accountants will be pleased to
clearly missed the point. They know their job has been made a
tended to focus on the fact that lot easier. I'm guessing their
millions of people typed in an periodic review of the uTube.com
incorrect web address after domain name will find that the
seeing television and newspaper asset's fair value is at least
accounts of Google's acquisition equal to its carrying value.
of YouTube.com.
However, the company's lawyers
After visiting uTube.com, I am may find they have more work
now convinced the real story is rather than less. May I be the
Universal Tube. Any company that first to suggest they press
can put an exclamation mark after Google to change the newly
a statement like "we are acquired web property's slogan
committed to being the number one to: "You Tube, Broadcast Yourself
supplier of used tube & pipe – not affiliated with Universal
equipment in the world" and puts Tube and Rollform Equipment
out press releases on Saturdays Company".
is clearly worthy of an
investor's attention. It rolls right off the tongue.
Sadly, Universal Tube appears to
About the Author:
Geoff Gannon writes a daily value investing blog and produces a weekly (half hour) value investing podcast at Gannon On Investing.
Read more articles by:
Geoff Gannon
Article Source: www.iSnare.com 
