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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: chirodoc who wrote (644)12/11/1997 12:58:00 PM
From: TLindt  Read Replies (2) of 3183
 
Doc Excite is expected to look for a loss this Q....last one was 5.7 Million. 2.2 Million was non-cash amortization on Webcrawler from AOL.

The Quarter before they were at 7.9 Million loss....so I'm looking for the same 2.2 Million shrinkage in total quarter loss as a meter on growth.

So that would put them at 3.5 Million Loss of which 2.2 Million is non-cash AOL amortization....ending 12/31/97 Q. That's what I'm expecting.

They've stated that they back analysts estimates that they'll hit BE in Q ending 3/31/98 or 6/30/98....this was back in July...I don't know if that Netbot purchase will change picture.

All in all not bad if they can continue to pick up 12 cents/share a quarter in net revenue change.
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