The only numbers that are real is the $550M revenue for last year, and the $10M profit. The $800M forecast is exactly that, a guess. Murdoch paid slightly ove

The only numbers that are real is the $550M revenue for last year, and the $10M profit. The $800M forecast is exactly that, a guess. Murdoch paid slightly over a year's revenues for mySpace. That's not a bad deal (actually it's pretty sweet if you think there is a long term chance of success), but that thin profit margin is really worrying. What's more worrying is that mySpace was sold by people who thought that yearly revenue + $10M was a good deal. When even your basic deal starts at 3x yearly revenue, one wonders why they sold so low. If mySpace is investing to the point of razor thin profit margins now, they must either really have something up their sleeves, or are not as healthy as thought.