Compact Connection (TSIG) - The next CDNW? Message Board

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Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW?

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To: Steve who wrote (77)	7/23/1998 10:53:00 AM
From: Jsolo	of 1574

From BRIEFING.COM 10:00 -- 11:00 ET (Updated throughout the hour)**** 7/23/98 N2K Inc. (NTKI) 18 7/16 -1 1/2: --UPDATE-- Adams Harkness lowers estimates on online music entertainment company despite positive Q2 results; maintains "attractive" rating, but CDnow remains the leader in CD sales and customers; cost of acquiring customers dropped in the latest period, but needs to drive the cost to more reasonable levels; widens loss for FY98 from $4.29 to $4.46 a share and maintains FY99 EPS loss estimate at $2.17 a share... AFTER THE CLOSE**** 7/22/98 N2K Inc (NTKI) 20 -3/8: online music retailer reports a net loss of $1.18 a share, 6 cents wider than the $1.12 a share loss expected by analysts, and vs a yr-ago loss of $1.90 a share. Revenues rose 450% to $10 mln; seepress release...

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