SI
SI
discoversearch

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 : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Notorious T.C.D. who wrote (15596)1/6/2000 9:42:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
I am unable to remember the source, but I am pretty sure that Gnet will not get the Hasbro money until this current quarter.

I believe you're correct. I seem to remember that it was mentioned in the interviews on CNBC and CNN that the $7 million would be paid after the first of the year, thus will be reflected on the current quarters financials to be reported in April.

And depending on what RH has in store for us later this year, he may wish to defer and spread out that $7 million over a number of different quarters so the earnings show consistent growth instead of occasional bubbles.

Regards,

Ron