Phone.com [PHCM] Message Board

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Technology Stocks : Phone.com [PHCM]

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To: Paul Viapiano who wrote (659)	10/23/1999 2:35:00 PM
From: Ron McKinnon	Read Replies (1) of 1080

>>>>>>Just wanted to set the record straight while you go about your short Meanwhile, Phone.com dropped 19 5/16 to 229 1/4 despite meeting Wall Street expectations for its September quarter. Phone.com (PHCM: news, msgs) lost 16 cents in the fiscal first quarter vs. 71 cents in the year-ago period. The First Call survey of analysts had forecast a 23-cent loss. >>>>>Just wanted to set the record straight while you go about your short Accounting for the 20.2 million preferred shares that became common stock at the IPO, a comparable pro-forma per share loss would have been 15 cents so let's see the comparable loss last year was .15 vs .16 this year hmmmmmmmm no one is saying that this is a POS company just that based on the fundamental trend it might be just a bit overpriced at this level come 12/31, after the secondary and the lockup release one might ponder if this will be closer to 150 than 300 on a pre split basis BC 28 MIA 0 3rd qtr, not bad

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