In a move reminiscent of Livedoor's Horiemon, at 04:00 am on March 1st this year, mobile content company For-side.com announced that it would downgrade its earnings for FY2006 (ending Dec. 31, 2006) to a massive JPY60.6bn (US$51.4m) loss. The company blamed the result mostly on an extraordinary JPY71.3bn (US$60.4m) loss on its sale of UK subsidiary iTouch. For-side's stock price as of last Friday (April 20th) was just JPY3,780, about 85% lower than a year ago, and less than 2% of the company's peak back in October 2002. So what went wrong with this once high-flying firm? Most analysts agree that...