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Strategies & Market Trends : 50% Gains Investing

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To: Czechsinthemail who wrote (17794)4/20/2000 9:43:00 PM
From: Michael T CurrieRead Replies (2) of 118717
 
GBT - interesting, but these lines from the Yahoo profile really bothers me (the worst in bold):

> For the nine months ended 9/99, revenues totaled $57.3 million, up from $16 million. Net loss totaled $47.3 million, up from $17.7 million. Revenues reflect the acquisition of a 49% interest in Bestel. Net loss suffered from increased salaries and wages..

What kind of stupid (primary) excuse is that for nearly tripling their losses? Obviously, there were other factors, but this is an insult to intelligence.

I'm sorry if I appear to be trying to cut your pick down. I've just never seen anything quite like it.

Mike
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