Excite [XCIT], an exciting stock to own in 1999! Message Board

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

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To: craig crawford who wrote (1132)	4/6/1998 9:06:00 PM
From: Keith J	Read Replies (1) of 3183

Boy, another major acquisition (a coup if you ask me) for XCIT today. Picking up Classified2000 for less than $50 million. Will further expand XCIT's reach, and also further entrenches XCIT as #2, with LCOS and SEEK currently using Classified2000. I'm expecting a huge jump in revenue for the March quarter. I got my Individual Investor in the mail today, and XCIT had a 2 page ad. Of note: as of mid/late February, XCIT had booked $40 million in transaction related revenue for 1998. That's $10 million a quarter. Matchlogic will probably add about $2 million in the March quarter (I'm guessing, it could be higher or lower, but XCIT's goal for Matchlogic in 1998 is $20 million, compared to $4 million in 1997). The latest figures from one of the meter companies indicated XCIT had $5.3 million in ad revenue (I'm assuming this is 100% banner ads) for February, a short month. This was also only $200K less than YHOO. So, if XCIT hits $15 million for the quarter in banner ads, that means XCIT could possibly be about $27 million in revenue for the quarter. That would be a huge jump from December's $18.7 million. Plus, XCIT has also just added NetGrocer and Software.net to the stable, and will have Classified2000 revenue going forward as well. And the March quarter is usually a weak quarter due to the holiday season in the December quarter!!! I fully expect YHOO to report over $30 million in revenue for the March quarter tomorrow. But I don't want to venture a guess as to what their bottom line will be. If XCIT comes in with a decent page view number for the quarter and did a decent job managing expenses, this baby could really pop. YHOO better have an eye looking in that rear view mirror. <G> IMHO. KJ

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