Hakia and SENSEnews
January 29, 2011
We noted “Goldman’s Facebook Valuation Challenged by Semantic Technology.” The point of the write up is that technology developed by Hakia, a specialist software firm, suggests that Goldman Sachs may have made some valuation errors. According to the article:
SENSEnews, a tool developed by Dr. Riza Berkan, and the other creators of hakia semantic search technology, weights news from all over the world as a modifier of stock values. Not only that, but the technology suggests with a high degree of correlative value, market actions to be taken. It’s all pretty controversial, as can be expected, but looking at the data these last couple of weeks, the correlative value of SENSEnews’ data does bear scrutiny.
The write up explains where the Facebook valuation may be a bit optimistic.
If you want more information about Hakia, visit the firm’s Web site, www.hakia.com. If you want to be sure of making lots of dough. Get a job at Goldman Sachs. I am not sure that investment valuations bear much, if any, relationship to reality. Perception is important. Hakia may have a way to make “perceptions” more evident.
Stephen E Arnold, January 29, 2011
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