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

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To: Keith J who wrote (2042)7/16/1998 7:44:00 PM
From: BayPig  Read Replies (1) of 3183
 
>>>>
You know, I'm a bit surprised that none of the shorts out there (or longs for that matter) have realized that the 10 cent loss is actually a 20 cent loss. The 10 cent loss reflects the stock split, whereas the estimates did not. So really, they only beat the expectations by 16 to 19 cents
>>>>>

Since Excite is down 1 5/8 after hours to 90, it seems like some people are catching on. I look at it as they only beat expectations by .08/share since analysts expectations where -.36 pre/split or -.18 post split. (.18 - .10 = .08). Percentage wise it is the same however.

Excess of 75 million(2 1/2 times total quarterly revenues!) in so-called one-time charges is going to be taken negatively tomorrow I think.

BayPig
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