SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: trouthead who wrote (19889)7/10/2000 3:10:00 PM
From: Sarkie  Read Replies (2) | Respond to of 28311
 
Did we have any doubts?

Go2Net CEO "super comfortable" with Q3 estimates
================================================================
SEATTLE, July 10 (Reuters) - Go2Net Inc.'s (NASDAQ:GNET) chief
executive Russ Horowitz said on Monday he is
"super-comfortable" with Wall Street estimates for the Web site
network's third-quarter profits.
Seattle-based Go2Net is expected to earn 15 cents a share
for its third quarter, according to First Call/Thomson
Financial, which tracks such estimates. The company is to
release its earnings report on July 17.
"We're super-comfortable with what people are looking for
for this quarter," Horowitz told Reuters in an interview. "In
the past quarters we've delivered fairly meaningful positive
surprsies, and going forward we feel real good about what is
coming on the June quarter, relative to expectations."
Go2Net expected that revenues from licensing its Web site
technologies and from transaction fees would account for half
of total revenues well before the original goal of the end of
2000, Horowitz said. Advertising currently makes up most of the
company's revenues.
Shares in Go2Net rose 2-3/16 to 48-11/16 in mid-afternoon
trading on the Nasdaq. The company has fallen from a 52-week
high of 111-3/4, and touched a 52-week low of 35-3/4.
scott.hillis1@reuters.com))

Copyright 2000, Reuters News Service



To: trouthead who wrote (19889)7/10/2000 3:30:03 PM
From: silversoldier a/k/a SI Sy  Read Replies (2) | Respond to of 28311
 
jb, you cantankerous (not so old) Curmudgeon, a wager is a wager. I'll stand by 44 for Wolaver. Beautiful Rudi sounds a tad concerned, despite what sounded like hedging her bet...Oh, well, she is a shark lady and entitled to exercise an innate right to claim victory and deny defeat, an endearing trait...Of course, you may have noticed I delayed my response until two events occurred, only one of which may have come to your attention. Obviously, the price of a GNET share rose considerably from todays lows in the 44+ range. What you may not yet know is that the Y news published a Reuters' report that our esteemed CEO (levy's Messiah) is "super comfortable" with Wall Street's estimates for this quarter. The report was timed at 2:44 PM EDT, today. I do not know what super comfortable means, but those words, and others in the report, seemed to have triggered the price activity this afternoon. The report is not on our thread...yet.

Sy