I think there is a good opportunity to jump in to this at the bottom of a trough.
http://finance.yahoo.com/q?s=look
Appears to have been well oversold this week. Then they inexplicibly dropped a contract with Inktomi in the last few days which seems to support rumors of a possible deal with AOL or Yahoo.. if that happens there should be a very sharp tunraround.. It's probably one for the spec players though ;-)