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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: rupert1 who wrote (2545)7/24/2000 7:28:45 PM
From: rupert1  Read Replies (1) of 2908
 
CORRECTION - THE COMPANY HAS CHANGED THE PRESS RELEASES WIDELY DISTRIBUTED WHICH PUT THE LOSS AT 0.16 CENTS A SHARE.

IN FACT THE LOSS WAS $4 MILLION AT 0.15 CENTS A SHARE.


YOU WILL FIND THE CORRECT VERSION ON THE WEB SITE AT netperceptions.com
ND
THIS MEANS THAT NETP BEAT THE ANALYSTS EXPECTATIONS BY 0.2 CENTS OR 11% AND ACHIEVED THE "WHISPER NUMBER"

THE CFO ALSO SAID IN THE CC THAT NETP TOOK AN OPERATING LOSS FOR BUYING OUT ITS LEASE FOR THE TIEM REMAINING AFTER AUGUST ON ITS OLD OFFICES AND INSTEAD OF TAKING THAT CHARGE IN 3Q IT TOOK IT IN 2Q.

WITHOUT THIS CHARGE THE OPERATING LOSS FOR 2Q WOULD HAVE BEEN 0.12 CENTS.
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