security firm

PPX: MOSPAM Pays Out

Just six days after we introduced the MOSPAM proposition ("Will spam reach record levels before September 30, 2007?") on PPX, the stock paid out at POP$100 per share when spam as a percentage of all email hit an all-time high. According to global IT security firm SoftScan, a whopping 98 percent of email sent on September 16 was classified as junk. Traders foresaw the new high and the stock was trading at $69.75 per share when the European IT firm SoftScan released their official count on September 17, at 3pm EST. Clearly, few held out much hope for cleaner inboxes this month. —Abby Seiff

[ Read Full Story ]
READ MORE ABOUT > , , , ,

PROMOTION

POPSCI'S 21ST ANNUAL BEST OF WHAT'S NEW


Every year, PopSci honors the top 100 innovations in categories such as consumer products, medical tech and engineering.

Learn more and submit your product or technology today at popsci.com/enter.

PPX: The PopSci Predictions Exchange

RSS Link

New IPO

Hot Stocks

Ready to bet on the future? Start here!

Subscribe for 2 free issues!

may2008_cover.jpg