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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Katie Kommando who wrote (38828)	3/23/2000 1:41:00 AM
From: heysuperj	Read Replies (2) \| Respond to of 150070

No, but I am 'bitter' because I didn't find this thread earlier. What a great bunch of guys and gals. I normally just lurk, but I've been up doing research and drinking beer. Funny thing, the more I drink, the better these stocks look. Works in a bar too. I'm going to bed.

To: Katie Kommando who wrote (38828)	3/23/2000 1:47:00 AM
From: Katie Kommando	Read Replies (1) \| Respond to of 150070

SI's daddy is making money: March 22, 2000 Dow Jones Newswires Go2Net President Backs 2Q Op Net View Of 11c/Shr Dow Jones Newswires By Paula L. Stepankowsky SEATTLE -- Go2Net Inc. (GNET) President John Keister said he is "very comfortable" with the consensus analyst projections that the company will post operating earnings of 11 cents a share in its fiscal 2000 second quarter and 52 cents for the year ending Sept. 30. Commenting after a presentation at the U.S. Bancorp Piper Jaffray conference here Wednesday, Keister attributed the Seattle-based company's outlook to strong growth in licensing revenue and revenue derived from its business-to-business activity on its series of sites. "Things are going great for us," Keister said. "Licensing revenue has really taken off in the last six months." In the year-ago second quarter, Go2Net had operating earnings of 7 cents a share before a two-for-one stock split. For all of fiscal 1999, the company had operating earnings of 24 cents a share on revenue of $22.43 million. Go2Net owns and operates a series of popular Web sites, including Silicon Investor, MetaCrawler, Virtual Avenue and Hypermarket. Its Web sites as a whole make it the 11th most popular destination on the Web, the company said. In the presentation at the conference, Keister and Chief Operating Officer Mike Riccio noted that 18 months ago, the company's sole source of revenue was advertising. Now advertising makes up about 60% of revenue as the company continues to pursue its licensing and business-to-business opportunities. By the end of this fiscal year, Riccio said the company will likely see an even split between advertising and non-advertising revenue. The increasing percentage of revenue derived from non-advertising sources is having a positive impact on the company's operating margins, which were 24.1% at the end of the fiscal first quarter. Keister said the company expects operating margins to move "into the 30s" in the next 18 months, and Riccio said that percentage may move into the "high-30s" in the next two years. The company plans to launch an "end-to-end" e-commerce site in the next 60 days, one that will offer companies everything from Web page design and hosting to transaction processing and merchant accounting services. "We really feel we have a huge opportunity here," Keister said. Riccio said the company prides itself on being one of the few "dot-com" companies that shows an operating profit, something it has done in the last four quarters. He said the company has $370 million in cash and cash equivalents and that it will use the cash to bring new features and services to its customers. -By Paula L. Stepankowsky, Dow Jones Newswires, 360-636-2008