YEAR 2000 STOCK PICKING CONTEST:
INIT Interliant, Inc. (NasdaqNM:INIT)
Interliant, Inc is a provider of a wide range of hosting and enhanced Internet services that enable its customers to deploy and manage their Web sites and network-based applications more effectively than internally developed solutions. Interliant's hosting services store its customers' Web sites, software applications, and data on servers typically housed in its data centers so that others on the Internet can access and interact with its customers' Web sites and network-based applications. The Company's Web hosting services provide a variety of hosting solutions to meet the needs of businesses of all sizes, as their Web sites develop from low-end marketing brochures to more complex, interactive Web sites and finally to applications integral to their businesses, or mission-critical. The Company's application hosting services provide its customers remote access to mission-critical software applications and data 24 hours a day, 7 days a week, 365 days a year.
Financial Summary
INIT is a provider of a comprehensive suite of hosting and enhanced
Internet services that enable customers to deploy and manage their Web sites and network-based applications more effectively. For the nine months ended 9/99, revenues totalled $28.1 million, up from $2.6 million. Net loss totalled $37.5 million, up from $5.3 million. Revenues benefitted from the acquisition of 18 various businesses. Higher loss reflects increased S/G/A expenses associated with the acquisitions.
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ProCyte Corporation (OTC BB:PRCY.OB)
ProCyte Corporation develops, manufactures and markets products for wound care, skin health and hair care. The Company's products incorporate its patented copper-peptide technology and absorbent polymer technology. For the nine months ended 9/99, revenues increased 86% to $3.3 million. Net loss fell 12% to $2.9 million. Revenues reflect expanded product lines due to acquisitions. Lower loss benefitted from decreased development expenditures.
Thanks for having the contest!
Sue |
