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Politics : Ask Michael Burke

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To: HandsOn who wrote (87924)	1/4/2001 7:17:34 PM
From: Bill Cotter	of 132070

Hi Hands and Mike; Re PTEK, how do you get a positive PE? I checked MarketGuide: 'For the 9 months ended 9/30/00, revenues fell 3% to $332.5M. Net loss fell 77% to $20.9M. Results reflect decreased revenues from retail calling card services. Lower loss reflects a $59.5M gain on the sale of securities.' wsrn.marketguide.com The loss would have been 80.4M if you exclude that non-recurring gain. You may want to take a look at PSINet (PSIX) selling around $1. with annual revenues over $1 billion. Unfortunately losses are also over $1 billion <g>. wsrn.marketguide.com

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