Auric Goldfinger's Short List Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Auric Goldfinger's Short List

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sir Auric Goldfinger who wrote (8331)	10/23/2001 8:38:52 AM
From: RockyBalboa	Read Replies (1) of 19428

Freemarket FMKT something does not add up. Run for the hills...fish is dumb. FreeMarkets posts Q3 loss, sees Q4 oper profit (UPDATE: adds analyst quotes) By Siobhan Kennedy NEW YORK, Oct 22 (Reuters) - Business-to-business software maker FreeMarkets Inc. (NasdaqNM:FMKT - news) on Monday posted a third-quarter loss, much smaller than Wall Street's estimates and far less than its year-ago loss, and said it expects to post an operating profit a quarter ahead of its previous guidance. ... ``In terms of their long term viability, they've put to rest any questions about whether or not they're going to be around,'' Tim Klein, an analyst with U.S Bancorp Piper Jaffray said. ``The only question that remains is what's the market opportunity, what's the growth potential?'' Klein said... Klein was referring to FreeMarket's admission that it only signed one new customer in the quarter, down from 12 customers in the second quarter. In addition, the volume of business put through the company's online B-to-B exchange was down to $4.2 billion from $4.6 billion last quarter.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next