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Technology Stocks : About.com (BOUT)

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To: vampire who wrote (400)	4/26/2000 9:27:00 AM
From: Susan G	Read Replies (1) of 438

Here's the answer, I was unable to find it until now. This came out this morning. About.com sees Q1 loss narrower than expected-WSJ ================================================================ NEW YORK, April 26 (Reuters) - Internet media company About.com Inc. (NASDAQ:BOUT) predicted its first quarter loss would come in narrower than analysts' expectations, the Wall Street Journal reported in its online edition on Wednesday. Chief financial officer Todd Sloan told the Wall Street Journal the company will report a first-quarter loss of between 44 cents and 46 cents per share, excluding goodwill amortization from acquisitions and stock-based compensation. Forecasting firm First Call/Thomson listed its consensus estimate as a 58-cent-share loss. The Wall Street Journal said the company curtailed its marketing spending and boosted its advertising revenue in the quarter. Sloan told the paper the company expects to reach profitability for the first time in the second quarter of 2001. Copyright 2000, Reuters News Service

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