homs lost money. press release was spin. that is why this very large cap stock is going down.
On a GAAP basis, the company’s revenues for the quarter were $62.2 million, compared to $18.6 million for the third quarter of 1999 and $50.2 million for the second quarter of 2000. The net loss for the quarter was $27.1 million, or $0.33 per share, compared to a net loss of $34.2 million, or $0.65 per share, for the third quarter of 1999, and $24.7 million, or $0.31 per share, for the second quarter of 2000.
net loss, 27 million, or loss of 0.33 per share.
only the seconday sale money is keeping homs alive.
ths large cap is going to go down as soon as the big investors are gone.
good luck,
hope you don't own too much (g), as glad you are happy. |
