INTD may be a great story just getting started but I would want to see more results first:
Revenues from continuing operations for the three-month period were $3,151,000 compared to $1,784,000 for the same period last year. The Q1 2001 results include those of Home Account Network acquired on January 11, 2001. Operating loss from continuing operations for the quarter was $(8,724,000), compared to $(3,692,000) for Q1 2000. Excluding non-cash charges for depreciation and amortization, the operating loss for Q1 2001 was $(7,154,000) compared to a loss of $(3,633,000) in Q1 2000. The net loss from continuing operations for Q1 2001 was $(8,202,000), or $(0.18) per diluted share, compared to net income of $38,691,000, or $0.93 per diluted share for Q1 2000, which includes the gain on the Q1 2000 sale of InteliData's investment in Home Financial Network.
The Company's cash and investments on March 31, 2001 were $23 million. Al Dominick added, ``We maintain our previous guidance for this year's revenues and earnings estimates. We are forecasting second quarter revenues between $4 and $4.5 million, and a decreasing burn rate due to our on-going expense management program to keep expenses aligned with revenues.''
Revenue growth in absolute terms is not great yet, and cash burn looks like they have a year or so to turn the corner.
By all means, keep us posted on INTD. But most folks here go for stocks that are bringing home some bacon already moreso than just story stocks.
I can't think of other threads I follow that fit your description but I know they are out there, just not in my bookmarks.
Good luck. |
