Version: 2008

Comments on: Hungry investors snap up OpenTable

Restaurant-reservation company's stock soars on its first day of trading on Nasdaq, gaining nearly 60 percent.

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by mjconver May 21, 2009 6:12 PM PDT
Hurray, an internet company with a @#%#$% business model!!!! Take that, Twitter!
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by Mister C May 22, 2009 5:41 PM PDT
Ah Yes! Something new for the mindless sheep speculate
on. And just what assets does this company posses that
justifies this price. If it went under tomorrow is there anything
that the shareholders could liquidate to even recoup a part
of their investment? $35.50 today, $355.00 the next and then
$.35 in a week. Same old pig, new coat of lipstick!
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by nowimcool May 22, 2009 7:32 PM PDT
I've tried using open table before for a number of restaurants in my city, and every time it tells me that the restaurant is completely booked ... when I phone the restaurant I make reservations with no problems. I don't know if it's the restaurants fault (making it full so they don't have to pay the extra dollar?) or if the system is flawed.
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by yanchineseguy May 26, 2009 2:48 PM PDT
I recently booked a reservation using OpenTable. It also sent me reminders as well as a follow-up request for feedback on the restaurant. I'm not sure of the value-added to participating restaurants for this service, because I could have easily called the restaurant to make the reservation. I used it because I wanted to try it and see if it was any different than calling in a reservation. I guess this site enables me to book reservations even when the restaurant is closed, but it's not like making a reservation takes so much time that I don't have the time to make the call during the day.
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