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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?

To: Spiderman who wrote (292)8/3/1999 5:02:00 PM
From: LJM  Respond to of 1884
 
EPS aside....How were the revenue numbers compared to expectations? I've got to think they missed those as well unless there are other one-time charges. The loss was huge compared to <.47> I'm hoping they have other charges besides the compensation charge that could explain the wider than expected loss??

LJM



To: Spiderman who wrote (292)8/3/1999 5:03:00 PM
From: Kris  Read Replies (1) | Respond to of 1884
 
ISLD did beat the number if the estimate is loss of 47 cents.
Here is the math:
ISLD loss for the quarter: $14,060,400.
The outstanding shares of ISLD is 35 million NOT 3.5 million which the report use to calculate the per share loss. Take 14060400 divided by 35.5 million, the answer is loss of 39 cents per share.
They sold 6 million shares to the public in June from IPO. They can't sell more than 100% of the company to the public, can they ?


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