FreeMarkets Inc-(FMKT) Message Board

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Technology Stocks : FreeMarkets Inc-(FMKT)

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To: wooden_nickel_2000 who wrote (352)	5/14/2000 7:36:00 AM
From: wooden_nickel_2000	Read Replies (1) of 414

FMKT is making changes. They have a very unique way of "proving their business model". Has everyone noticed that the consensus earnings loss forecast for this year and next seems to increase every week? If the FMKT model is working, why has the earnings loss forecast for 2001 already surpassed what the forecast loss was for the year 2000 only 90 days ago? At this rate, when do you suppose FMKT will ever reach break even, let alone have earning great enough to justify a current Market Cap. of over $2 BILLION? Keep in mind the "services like" nature of the business with the corresponding lack of leverage and the rapid build-up in fixed costs. Earnings LOSSES forecast for FMKT 5/14: ................. YR. 2000.......YR. 2001 5/14............ -1.40........... - 1.19 5/07............ -1.40........... - 1.18 4/14............ -1.21........... - 0.99 3/14............ -1.19........... - 0.98 2/14............ -1.18........... - 0.97 I expect this earnings LOSS forecast will continue to increase until FMKT can post actual results that are somewhat less then the forecast loss and everyone can cheer madly... what a joke.

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