Help...Financial Analysis and SIC Codes for Industries

[Kitsun]

Do we have any financial analysts about? Or anyone that knows about SIC codes for industries?

I'm doing an analysis on YouBet which is a company that provides online gambling. I was supposed to compare it to other companies with the same SIC code.

I think I may have trusted the wrong source and compared it to competing companies in the wrong SIC. UGH.

I'm confused. I've been searching Google and can't find a real standard. YouBet (Ticker UBET) was in 7999 and like 7375. Is there a friggin' standard?

I compared it to HET and MECA which are gambling things or something. Did I really screw up 3 days of work?

[TheEschaton]

Ummmm. 42. Try that.



When in doubt, go to the Hitchhiker's Guide!

-TheE-

[Kitsun]

...Blah. I guess I don't really have a choice anymore. If I pick a random SIC I may still be wrong so I'm better off sticking with what I've got.

[Wezas]

Originally posted by Kitsun
I'm doing an analysis on YouBet which is a company that provides online gambling. I was supposed to compare it to other companies with the same SIC code.

I'm confused. I've been searching Google and can't find a real standard. YouBet (Ticker UBET) was in 7999 and like 7375. Is there a friggin' standard?

It looks like 7999 is the one that is the online casinos. 7375 seems to be more database information retrieval. I'll check tomorrow at work - I see the SIC codes in the data we analyze, and I'm sure there's a few online casinos in there.