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Technology Stocks : CommTouch (CTCH) : a futur Media Metrix Top 10 ?

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To: Alex Mt who wrote (363)2/2/2000 12:04:00 AM
From: Alex Mt  Read Replies (1) of 420
 
Commtouch Announces Record Fourth Quarter Earnings
PR Newswire
Feb 1 2000 5:43PM ET

"Year End Results Fourth Quarter 1999 Revenues Increase 1,230% Over Fourth Quarter 1998 Revenues

SANTA CLARA, Calif., Feb. 1 /PRNewswire/ -- Commtouch Software (Nasdaq: CTCH), the global leader in integrated email outsourcing services today announced results for the fourth quarter and twelve months ended December 31, 1999. Revenues for the fourth quarter of 1999 were $2.2 million, a 1,230% increase over fourth quarter 1998 revenues of $168,000. Revenues for the fourth quarter of 1999 increased 100% over third quarter 1999 revenues of $1.1 million. Revenues for the twelve months ended December 31, 1999 increased 993% to $4.3 million from $389,000 for the twelve months ended December 31, 1998. As of December 31, 1999, the Company had a backlog from contracts amounting to approximately $13.1 million that will be recognized as revenue over future quarters."

Anyone else still long on this one?

Alex

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