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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?

To: Ellen who wrote (1973)	7/12/2000 9:08:13 PM
From: Rob Pierce	Respond to of 2004

Open Market, Inc. Comments on Expected Second Quarter Results siliconinvestor.com BURLINGTON, Mass., Jul 12, 2000 /PRNewswire via COMTEX/ -- Open Market, Inc. (Nasdaq: OMKT chart, msgs), today announced preliminary results for its second quarter ended June 30, 2000. Net revenue for the second quarter of 2000, based on preliminary review and analysis, is expected to be between $26 million and $28 million. In addition, the Company will report a previously announced gain of approximately $12.1 million, net of income taxes, or $0.25 per share, from the Company's investment in SightPath, Inc, which was sold to Cisco Systems, Inc. in May 2000. Excluding the gain from the SightPath stock sale, the Company expects to report a net loss from operations for the second quarter of between $0.13 and $0.18 per share. With the inclusion of the gain from the SightPath stock sale, the Company expects to report earnings per share for the quarter of between $0.08 and $0.13 per share. The Company's total e-Business revenue is expected to show an increase of 44% to 56% over the quarter ended June 30, 1999. The Company is expected to experience a shortfall in revenue from Professional Services and the licensing of its Commerce Management products. Licensing of the Company's Content Management products is expected to be ahead of plan. Ron Matros, Open Market's President and CEO, said "The higher than expected loss from operations during the quarter ended June 30, 2000 resulted principally from planned increased spending in the quarter, coupled with the shortfall in revenue from the Company's Professional Services and its Commerce Management products." Mr. Matros added, "Open Market has experienced a shift, somewhat sooner than expected, toward a higher proportion of its business being derived from licensing of its Content Management products. Our Professional Services business model is evolving to accommodate that change." Open Market is scheduled to release final financial results for its second quarter on July 25, 2000. About Open Market <snip>

To: Ellen who wrote (1973)	7/12/2000 9:31:17 PM
From: Rob Pierce	Read Replies (1) \| Respond to of 2004

I liked it too, but... we've got this earnings warning. Estimates were for -.06 per share and were now looking at -.08 to -.13. Geez. On a day that Ariba beating earning estimates pulled nearly every other e-commerce outfit up 10-20%, OMKT gets whacked 7%. I hope that earnings from operations will be at least on par with last quarter (-0.11) or we could see more deterioration. This market's just not willing to tolerate continuing losses. Profitability for OMKT was expected in 4Q00. I wonder if that will now push off into next year? RP

To: Ellen who wrote (1973)	10/5/2000 11:32:49 AM
From: Marty	Read Replies (1) \| Respond to of 2004

If you liked the chart in July, you must love it now. No needle intended, I've got my own blind spots. OMKT was one of them but after taking taking a good beating with it, I got over it. They are just stocks. We buy them in the hopes that they will go up so we can sell them at a higher price. That's it. If they don't go up, after giving them a reasonable opportunity, it means we were wrong and the time has come to move on to something else. There may be a better time later, but not likely for this one... too much damage. Except for one horrible exception, I am getting better following my own platitudes. I'm working on it. I found a site (no spam intended) that gives me buy and sell signals based on strategies I work out using their algorithms on stocks I select.