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Technology Stocks : Phoenix Media Group (PXMG)
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To: wallstreeter who wrote (9)6/2/1998 4:34:00 PM
From: Fred Cooper  Read Replies (1) of 14
 
Earnings for PXMG
The growth phase for a public company is typically one of negative earnings, as additional expenditures have to be made in acquisitions and infrastructure. These are all expenses to the company and hence create losses. Once this phase is completed, then the returns on invested monies create the profits. For the next few years what you have to watch for is the growth in revenue for the company, this will show how well it is doing. And these numbers should start to look good this year.
Fred
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