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To: RR who wrote (16508)4/26/2000 10:21:00 PM
From: RR  Read Replies (1) | Respond to of 35685
 
Reality check... things are quite on a lot of threads now it seems. Guess a lot of folks recovering from margin calls, large net worth losses, etc. recently. Sort of like a reality check? Guess we all got spoiled on straight up chart lines...... Rick

STILL A BULL !



To: RR who wrote (16508)4/26/2000 10:25:00 PM
From: Venkie  Respond to of 35685
 
I am long qcom until I see a reason to sell..Its still got all the things I bot it for..I own a basket of techs so its just another one of my eggs..I am on hold...whenever i get frustrated then things change..Its been on hold a while and a lot of new hands hv moved in..momo's will push it higher when they hv made us all in need of prozac..I hv sold some qcom at much higher prices...even bot some back
good luck rick
donnie



To: RR who wrote (16508)4/26/2000 10:57:00 PM
From: r.edwards  Read Replies (1) | Respond to of 35685
 
rick,VerticalNet flies past analysts' 1Q estimates

By Larry Barrett ZDII


VerticalNet shattered analysts' estimates in its first quarter Wednesday, posting a loss of $12.2 million, or 16 cents a share, on sales of $27.5 million.

First Call Corp. consensus expected the B2B services provider to lose 27 cents a share in the quarter.

Ahead of the earnings report, VerticalNet (Nasdaq: VERT) shares closed up 7/8 to 46.

The $27.5 million in sales marks a 1,320 percent surge compared to the year-ago quarter when it lost $5.3 million, or 9 cents a share, on sales of $1.9 million.

That loss exludes a one-time gain of $79.9 million, resulting from the merger of a publicly traded company and a private company in which VerticalNet was a shareholder.

"This outstanding revenue growth is the result of investments in our business and our aggressive acquisition strategy and is a terrific start to the new fiscal year," said CEO Mark Walsh in a prepared release.

Last quarter, the company topped Street estimates, losing $15.2 million, or 28 cents a share, on sales of $10 million.

Its shares scampered up to a 52-week high of 148 3/8 in March after falling to a low of 13 9/16 in June. It also split 2-for-1 earlier this month.

Sixteen of the 17 analysts covering the stock rate it either a "buy" or "strong buy."

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