Roger's 1998 Short Picks 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.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike Farrar who wrote (7123)	4/16/1998 4:47:00 PM
From: Bob Trocchi	Read Replies (1) of 18691

Jeffrey... >>Excite Reports First Quarter Financial Results REDWOOD CITY, Calif., April 16 /PRNewswire/ -- Excite, Inc. (Nasdaq: XCIT - news) today reported revenue of $23.0 million for the first quarter ended March 31, 1998, up 206% from revenue of $7.5 million reported in the corresponding first quarter of 1997. The pro forma net loss for the first quarter of 1998 was $ 6.0 million, or $0.28 per share. The pro forma net loss for the corresponding quarter of 1997 was $4.5 million, or $0.38 per share. << Looks like it did not disappoint but who the heck knows what disappoint means nowadays. Great increase in revenue, 206% and increased losses of 33%. Today that sounds to me like a sure fire winner. I don't dare to go long or short on these stocks. I will wait as Barb Payne suggests for the bubble to burst and try and catch it on the way down rather than try and predict a top for these stocks. They are so high that I doubt that they will totally crash all at once. Good investing to all. bob T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next