F***edcompanyasia.com appears to be heading for its own demise. The Hong Kong-based imitator of dotcom death-watch Web site F***edcompany.com has not posted a new failure in two months and may have joined the ranks of the doomed Internet ventures on which it once glibly reported. Other than a handful of postings in its public forum, it has become a virtual ghost site. Site owner John Devon did not return numerous messages, and has stopped sending a periodic newsletter to subscribers. Steve Yap, communications director with Web research firm iamasia, said the site had not gathered much following among Hong Kong home Net users. 'Sites like this, at best, have a small niche audience,' he said. F***edcompanyasia.com has had trouble since its launch in May, most of it from outraged fans of its United States-based namesake who took offence at what they saw as a blatant rip-off of the original. The two sites have a similar concept and their screen appearance and design is almost identical. Pornography was posted in chat rooms, Mr Devon received racist messages accusing him of being a 'thieving Oriental' and hackers - encouraged by members of F***edcompany.com - bombarded the Hong Kong site with automatically generated posts in an attempt to shut it down. Despite the abuse, Mr Devon in an earlier interview, vowed not to back down. Like the original site, F***edcompanyasia makes a game out of the meltdown of new economy companies. When a firm goes under, points are awarded based on how many jobs are lost, and how bad the business concept was. The site encourages users to post gossip anonymously about companies that may be in financial trouble. There is a hall of fame, with Pacific Century CyberWorks and Richard Li as the first inductees. Although Mr Devon said he started F***edcompanyasia as a hobby, there is money to be made from bad news. In an interview with The New York Post earlier this year, Philip Kaplan, owner of F***edcompany.com, claimed he made US$60,000 a month from subscriptions to his site, which he runs from his apartment in New York as a sideline to his job at his Web design firm PK Interactive. Mr Kaplan designed his site as a spoof of new-economy magazine Fast Company. News of F***edcompanyasia's lack of activity was well received by the site's critics. 'It's a ghost town. I clicked the link . . . and a tumbleweed blew across my living room,' one visitor wrote in a message posted to F***edcompany.com.