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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 82.26-0.7%2:35 PM EST
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To: Roger Sherman who wrote (26367)7/24/2001 9:21:37 PM
From: Roger Sherman  Read Replies (1) of 28311
 
Oh Ohhhhhhhh!........As Paul Harvey would say,

"And NOW for the REST of the story."


     ___________________________________________
    |.=========================================.|
    || WE ACTUALLY LOST $70.9 MILLION THIS QT. ||
    || WE ACTUALLY LOST -$.22 PER SHARE FOR QT,||
    || AND LOST $195.3 MILLION THIS YR. SO FAR.||
    ||    .----.  WE'VE LOST -$.60/SHARE THIS  ||
    ||   / ><   \  /           YEAR...SO FAR.  ||
    ||  |        |/\   DOES CONTINUED "ACTUAL" ||
    ||   \______//\/    GAAP "LOSSES" EVERY QT ||
    ||   _(____)/ /SAY ANYTHING ABOUT ANYTHING?||
    ||__/ ,_ _  _/_____________________________||
    '===\___\_) |==============================='
         |______|
         |  ||  |
         |__||__|
He's baaaaaaack!
***********************************************

***Please Note***
IMVHO, the above more accurately reflects the "actual" Earnings of INSP, using the "Generally Accepted Accounting Principles" (GAAP) of the United States.

***Also Please Note***
According to INSP's Conference Call today, they now expect to show a LOSS of 5 cents per share in the 3rd QT (with revenues NOW expected to drop to only $33 million, down from $51 million this quarter), and they NOW also expect a 4th QT LOSS of 4 cents per share. So stock is completely tanking in "After Hours" trading. BTW, no mention of "Broadband" in Earnings Report, and no mention of Riccio during Conference Call.
cbs.marketwatch.com
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