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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (95983)	5/3/2000 9:11:00 PM
From: Susan G	Respond to of 120523

Another beaten to death long forgotten IPO which surprised tonight and may surprise the long term shorts in the morning...KNOT. 3.5m float and heavily shorted. Estimate was (.29) they reported (.20)with a 1817.0% gain in revenue growth. Also news about AOL alliance out at the same time. If I wasn't very busy taking a nap I would have bought it in after hours. The Knot Reports Record First Quarter 2000 Financial Results Revenues Increased 18 Times Over Prior Year Period; Knot Membership Reached Over 750,000 Engaged Couples; Successful Completion of Weddingpages Acquisition NEW YORK--(BUSINESS WIRE)--May 3, 2000-- The Knot, Inc. (NASDAQ:KNOT, www.theknot.com), the leading online wedding destination and the premier wedding content provider on America Online and several other of AOL's leading brands, today reported record financial results for its first quarter ended March 31, 2000. First Quarter 2000 Results The Company reported net revenues of $3.7 million for the first quarter 2000, an increase of 1,813% over net revenues of $194,000 for the comparable prior year quarter and a 49% increase over the $2.5 million reported for the fourth quarter 1999. The increase in net revenues is primarily attributable to continued growth in the Company's advertising partnerships and increased sales of its e-commerce offerings. The Company reported a net loss for the quarter of $2.9 million, or $0.20 per basic and diluted share, compared to a first quarter 1999 net loss of $1.6 million, or $0.53 per basic and diluted share, and a fourth quarter 1999 net loss of $3.2 million, or $0.48 per share. siliconinvestor.com siliconinvestor.com