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Technology Stocks : InfoSpace.com
INSP 75.78-3.5%Jan 30 9:30 AM EST
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To: Apache Indian who wrote (1013)7/27/1999 5:52:00 PM
From: Sanjay Varma  Read Replies (1) of 3070
 
Apache:

Agreed. It's a very misleading press release in regards to profitability. INSP does not have the trajectory of most net startups, with huge losses gradually whittled away as revenue surges. INSP has been profitable for many many quarters, though not consecutively. This is a function of R&D spending vs. revenue growth. For example, last quarter's .01 loss was simply attributable to increased R&D for ActiveShopper.

Sanjay
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