Richard,
Look at COVD's quarterly revenue jumps and compare the revenues to Exodus a year ago.
Here's the latest 10Q info.
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
---------------------- ---------------------
1999 1998 1999 1998
---- ---- ---- ----
<S> <C> <C> <C> <C>
Revenues ................................ $ 19,141 $ 1,565 $ 35,570 $ 2,560
Operating expenses:
Network and product costs ........... 16,694 1,355 32,219 2,316
Sales, marketing, general and
administrative ................... 37,697 10,681 80,786 17,231
Amortization of deferred compensation 1,008 1,837 3,895 2,695
Depreciation and amortization ....... 10,593 738 23,911 1,348
------------ ------------ ------------ ------------
Total operating expenses ......... 65,992 14,611 140,811 23,590
------------ ------------ ------------ ------------
Income (loss) from operations ........... (46,851) (13,046) (105,241) (21,030)
Interest income (expense):
Interest income ..................... 4,770 1,526 12,864 3,673
Interest expense .................... (12,024) (5,037) (32,484) (10,904)
------------ ------------ ------------ ------------
Net interest income (expense) ....... (7,254) (3,511) (19,620) (7,231)
------------ ------------ ------------ ------------
Net income (loss) ...................... $ (54,105) $ (16,557) $ (124,861) $ (28,261)
------------ ------------ ------------ ------------
Preferred dividends ..................... -- -- (1,146) --
------------ ------------ ------------ ------------
Net income (loss) available to common
shareholders .......................... $ (54,105) $ (16,557) $ (126,007) $ (28,261)
============ ============ ============ ============
Basic and diluted net income (loss)
per common share ...................... $ (0.70) $ (1.84) $ (1.90) $ (3.51)
Weighted average shares used in computing
basic and diluted net loss per share .... 77,082,969 9,017,415 66,368,810 8,062,386
Jack |
