Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: xfiles who wrote (301)	8/3/1999 8:31:00 PM
From: Vincent Vega	Read Replies (1) \| Respond to of 1884

I can't believe those morons at briefing wrote "much wider than expected loss" after the ISLD quarterly report! How could they honestly believe that ISLD missed their estimates by $3.50 per share? In reality, the numbers were excellent. To clarify, here is what happened: ISLD had to report a loss of $3.96 per share based on their weighted average shares at 6/30/99, which were 3.555 million. Analysts' projections were based upon the current shares outstanding (after the IPO) of 35.466 million. Therefore, analyst projections were a loss of 47 cents (according to briefing) and 52 cents (according to Marketguide). Putting the loss on the same basis as the analysts, ISLD lost 39.7 cents a share, which is better than the aforementioned analyst estimates by 7 and 12 cents, respectively. To make the report even better, revenues for the quarter were $3.7 million, up 410% from a year ago and up a whopping 53% from the prior quarter. This figure, coupled with the new customers, make for a great report. I will be interested to see how the market reacts to the numbers. Regards, VV