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Pastimes : SI Grammar and Spelling Lab

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To: The Philosopher who wrote (3584)3/27/2000 10:35:00 AM
From: Peter V  Read Replies (1) of 4710
 
OH my god, now even REUTERS is doing it!!! I can't take this stoopidity! The word is "LOSES" you morons!!!

biz.yahoo.com

Monday March 27, 9:47 am Eastern Time

Puma looses $1.6 mln in 30-days after acquisition

NEW YORK, March 27 (Reuters) - Puma Technology Inc. (NasdaqNM:PUMA - news), which provides software for mobile Internet applications, said on Monday it lost money during the 30 days following its merger with NetMind Technologies Inc.

The combined company reported a net loss of $1.6 million, or 4 cents a diluted share, on revenues of $2.3 million for its 30-day post-merger period beginning Feb. 25.

The $1.6 million loss does not include $6.5 million in one-time business combination costs that include investment banking, accounting, printing and legal services, Puma said.

Puma completed its acquisition of NetMind, which provides software that personalizes Web information, on Feb. 24.

-- Shares of Puma were trading up 2-1/2 at 74 in trade on the Nasdaq stock market.
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