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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries
CY 23.820.0%Apr 16 5:00 PM EST

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To: TonyL who wrote (2391)10/5/1999 6:36:00 PM
From: Hudson   of 3243
 
I never heard of 1,20$ for next year. In a stockhouse interview on 15th april 1999, Williaw Hammett said they were expecting 24 cents for year 2000.

stockhouse.com

"StockHouse: Are you going to make money in FY1999?

Hammett: Yes, between 3 and 4 cents a share.

StockHouse: What are your earnings projections for 2000?

Hammett: We're estimating 24 cents fully diluted. Those are the latest estimates."


BUT, on another stockhouse interview (august 3, 1999), Paul Mercia said there would not be any earnings for the next two years.

stockhouse.com

"StockHouse: You are currently showing a profit. Can you give me any expectations on what that will look like when you enter the US market?

Paul Mercia: Although we are always going to be shooting for earnings, we want to be far more aggressive as far as expansion, and as far as generating revenue. You are going to see us in the near future lining up more deals to sell some of our 3web services like our virtual mall and 3auction and so forth. We want to align ourselves with other players to help us sell those services. What we are going to focus on in the next couple of years is on growth and on building revenue. So I really doubt you are going to see earnings over the two-year period."

What happened between april 15th and august 3rd?

Is it related to the change of CEO?
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