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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?


To: TonyL who wrote (2391)10/5/1999 6:16:00 PM
From: Gary S  Respond to of 3243
 
Tony,

What was also mentioned was earnings for NEXT fiscal year of approx $1.20. I'm going back to about the spring. Can anyone else recall this?

No, but I do recall an estimate of 3-4 cents for FY 1999 and $0.24 for FY 2000.

Here's the link to an interview done on April 15/99 with Bill Hammett, former CEO of Cybersurf:

stockhouse.com

As far as the "September" date goes, the only written reference that I could find was a May 11/99 "In The News" release from Canada Stockwatch. It just recapped what was said in the Financial Post on the previous day.



To: TonyL who wrote (2391)10/5/1999 6:36:00 PM
From: Hudson  Respond to of 3243
 
I never heard of 1,20$ for next year. In a stockhouse interview on 15th april 1999, Williaw Hammett said they were expecting 24 cents for year 2000.

stockhouse.com

"StockHouse: Are you going to make money in FY1999?

Hammett: Yes, between 3 and 4 cents a share.

StockHouse: What are your earnings projections for 2000?

Hammett: We're estimating 24 cents fully diluted. Those are the latest estimates."


BUT, on another stockhouse interview (august 3, 1999), Paul Mercia said there would not be any earnings for the next two years.

stockhouse.com

"StockHouse: You are currently showing a profit. Can you give me any expectations on what that will look like when you enter the US market?

Paul Mercia: Although we are always going to be shooting for earnings, we want to be far more aggressive as far as expansion, and as far as generating revenue. You are going to see us in the near future lining up more deals to sell some of our 3web services like our virtual mall and 3auction and so forth. We want to align ourselves with other players to help us sell those services. What we are going to focus on in the next couple of years is on growth and on building revenue. So I really doubt you are going to see earnings over the two-year period."

What happened between april 15th and august 3rd?

Is it related to the change of CEO?



To: TonyL who wrote (2391)10/5/1999 7:24:00 PM
From: dave turliku  Read Replies (2) | Respond to of 3243
 
<<EDIT - deleted by me... thought I had seen $1.20 but it was 24 cents>>>

Damn, I could have sworn stockhouse article referred to 1.20

Regards,

Dave



To: TonyL who wrote (2391)10/5/1999 9:54:00 PM
From: john  Read Replies (1) | Respond to of 3243
 
Well for anyone who is long a few
years I recall a 3web launch for Toronto promised in 1997


That is correct and CY,s lack of performance back then has cost them the market south of the border, just my opinion.