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

To: rampingup who wrote (20106)	7/18/2000 11:20:31 AM
From: trouthead	Read Replies (1) \| Respond to of 28311

Can anyone explain to me why a company would report Pro Forma earnings? I know that Pro Forma excludes amortization and acqusistion charges, but does MSFT report Pro Forma? Or INTC, YHOO, or AOL? Seems to me that Pro Forma earnings are nice, but in reality they lost .33 cents a share. Feeling very Curmudgeonly this morning as I watch GNET down 5 after blow out "Pro Forma" earnings. Harumph. jb

To: rampingup who wrote (20106)	7/18/2000 11:31:07 AM
From: Pareto	Respond to of 28311

Numbers are fine, however, growth is leveling off. Quarter Revenue Growth Sep '99 9,784 Dec '99 14,002 43% Mar '00 18,744 34% Jun '00 23,015 23% GNET had a significant increase in staff during last quarters and the revenue is not yet showing this. We might have to be patient another quarter until games.com and broadband roll out. Product development cost increased from 634,711 to 2,737,940 compared to last year's June quarter. We have to wait for the future. Two more quarters and gnet might show a non proforma profit. Regards, Pareto