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


To: Roger Sherman who wrote (18490)4/17/2000 7:04:00 PM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
Headline: Go2Net Again Beats Estimates As 2nd-Quarter Revenue Soars

================================================================
NEW YORK -(Dow Jones)- Internet network operator Go2Net Inc. posted
much better-than-expected core earnings for its fiscal second quarter as
revenue jumped more than fourfold.
For the quarter ended March 31, the Seattle-based company had a net
loss of $11.5 million, or 38 cents a share, compared with a net loss of
$1.1 million, or $2.04 a share, in the year-ago period. Revenue soared
to $18.7 million from $4.3 million.
Go2Net (GNET) said excluding amortization and merger-related costs, it
earned $8.3 million, or 18 cents a share, in the latest quarter.
The mean estimate of analysts surveyed by First Call/Thomson Financial
was for earnings of 11 cents a share. Go2Net similarly blew by the
analysts' estimate in the fiscal first quarter.
The company said that excluding payment of $52.9 million in preferred
dividends in the year-earlier quarter, it earned three cents a share.
The company, which operates a network of financial, entertainment and
electronic-commerce Web sites, said average views on its network in
March jumped 177% from year-ago levels.
(Compiled from Dow Jones Newswires and other sources)
Copyright (c) 2000 Dow Jones & Company, Inc.
All Rights Reserved.



To: Roger Sherman who wrote (18490)4/17/2000 11:27:00 PM
From: silversoldier a/k/a SI Sy  Read Replies (1) | Respond to of 28311
 
Roger, congratulations. You captured all of it. You must have been a Court Reporter in a former existence. I wholly agree with you about JK's effectiveness. This is the 2nd time I've watched him on TV since the annual meeting. He has developed a mature and relaxed style of delivery that wasn't visible before. As a result he exuded a passionate and credible vision for Go2Net's future as a major player.

I don't think it was the curl in the middle of his forehead. It was the occasional wistful smile that captured Maria. I claim all the credit for his performance. As you may recall I lectured JK about this at the annual meeting, telling him that a certain feminine admirer, who was in attendance, insisted that I do so.

Sy