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Technology Stocks : Internet Guru Discussion

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To: steve harmon - analyst who wrote (1225)4/21/1999 8:55:00 AM
From: Glenn Petersen  Read Replies (2) of 4337
 
The ONEM net loss was a pro forma number and included a $73 million non cash charge for amortization of goodwill. The goodwill associated with the roll ups will be amortized over a three year period. On a pro forma basis, the EBITDA was $(806,500). Not bad, considering that ONEM will be able to eliminate redundant costs. Please take another look at the financial statements. Thanks.
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