ALOY, A sleeper could awaken on earnings report. A Gen X site. I read where Gen X ers are major web spenders.
The loss was less than expected, but the stats were what caught my eye:
For the three month period ended July 31, 1999, Alloy's registered online user base continued to rise, reaching 850,000 registrants versus 570,000 at April 30, 1999 and 300,000 registrants at January 31, 1999. According to Media Metrix, Alloy's unique visitors in July reached 415,000, up 58% from 263,000 in April. Alloy's database of Generation Y boys and girls grew to 2.6 million at the end of the second quarter, primarily driven by traffic on Alloy's web site.
Let's watch and see if any volume comes in on the earnings surprise and these very impressive growth numbers.
Fred |