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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (25535)2/4/2000 8:46:00 AM
From: Stock Watcher  Respond to of 52051
 
LQID (fav's index) news: better than expected earnings report:

Liquid Audio (Nasdaq: LQID)
Liquid Audio might make a move Friday after it posted a smaller-than-expected loss in its fourth quarter, dropping $7 million, or 36 cents a share, on sales of $2.3 million.

First Call consensus expected the maker of Internet music software to lose 44 cents a share in the quarter.

Its shares closed off 1 1/2 to 30 3/4 ahead of the earnings report.

The $2.3 million in sales includes a $1 million cash payment it received from its Liquid Audio Japan deal. In the year-ago quarter, it lost $2.2 million, or 12 cents a share, on sales of $1.1 million.

Analysts were looking for sales of roughly $2 million in the quarter.

In the quarter, Liquid Audio's distribution network was used by more than 6,000 artists and 1,000 record labels to promote and sell online, up 36 percent from the end of the third quarter.



To: Stock Watcher who wrote (25535)2/4/2000 8:49:00 AM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
Mac; on SPAZ & EDIG; besides the parallels spoken of by many investors...comparison of the charts is also interesting; sw