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Technology Stocks : Open Market (OMKT)

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To: Ellen who wrote (1973)	7/12/2000 9:31:17 PM
From: Rob Pierce	Read Replies (1) of 2004

I liked it too, but... we've got this earnings warning. Estimates were for -.06 per share and were now looking at -.08 to -.13. Geez. On a day that Ariba beating earning estimates pulled nearly every other e-commerce outfit up 10-20%, OMKT gets whacked 7%. I hope that earnings from operations will be at least on par with last quarter (-0.11) or we could see more deterioration. This market's just not willing to tolerate continuing losses. Profitability for OMKT was expected in 4Q00. I wonder if that will now push off into next year? RP

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