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Technology Stocks : Alloy Online, Inc. (ALOY) -- Ignore unavailable to you. Want to Upgrade?


To: Buoy12 who wrote (86)6/18/1999 5:53:00 PM
From: Big Dog  Respond to of 147
 
Dear Michigan Buoy: You stated: "[ALOY is] doing more in revenues than TURF and should be valued at 2x TURF value based on this information alone." That is incorrect. Please see below:

Alloy Online's 1st Quarter results:

Net revenues for the first quarter increased 88.7% to $2.5 million compared to $1.3 million in the first quarter of 1998. Gross profit was $1.3 million, or 51.1% of revenues, up substantially from $448,000, or 33.1% of revenues, in the comparable period last year. Operating expenses were $3.5 million compared to $1.8 million in the first quarter of 1998. The net loss for the quarter was $2.3 million, or $0.27 per basic share, compared to $1.3 million, or $0.15 per basic share in the first quarter of 1998. The diluted net loss per share was $0.26 in the first quarter of 1999 versus a diluted net loss per share of $0.15 in the first quarter of 1998.

biz.yahoo.com

iTurf's 1st Quarter results:

Net revenues for the first quarter increased nearly 40 times to $2.6 million from $69,000 in the first quarter of last year. The gross profit for the first quarter was $1.3 million, or 49.1% of revenues compared to $34,000, or 49.3% of revenues in the first quarter of last year. Selling, general and administrative expenses totaled $1.8 million, or 67.0% of revenues, compared to $109,000, or 158.0% of revenues a year ago. The Company reported a net loss for the quarter of $197,000, or $0.01 per share, compared to a net loss of $53,000, or $0.00 per share a year ago.

biz.yahoo.com



To: Buoy12 who wrote (86)6/18/1999 6:07:00 PM
From: Big Dog  Read Replies (1) | Respond to of 147
 
Dear Michigan Buoy: You stated that "management at ALOY will [not] disclose their deals with Portals publically until substantial revenue can be directly attributed." You are correct:

In a recent interview, CEO Matt Diamond stated: "The portal deals, and all the excitement that a lot of times these announcements surround, we look at 'Is this cost-effective for our business?'

And we do look at them. Quite frankly, we've done some of them and didn't announce them. We're testing them and as we go deeper, we'll announce those that are working and we're going to expand on."

cbs.marketwatch.com