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Technology Stocks : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?


To: Thomas A Watson who wrote (8286)10/24/2000 5:07:47 PM
From: Thomas A Watson  Read Replies (1) | Respond to of 8307
 
Egghead.com's Third Quarter Results Show Double-Digit Gross
Margins and Solid Progress Towards Profitability
biz.yahoo.com

Revenue for the third quarter of 2000 was $105.4 million, a reduction from the second quarter revenue of $129.8 million as the company continued to eliminate unprofitable areas of sales. An increased margin rate and reduced expenses, together with $3.0 million of one-time gains resulted in
a net loss for the quarter of $9.9 million, or $0.24 per share. These bottom line results exceed First Call's consensus estimates, and are substantially lower than the second quarter net loss of $17.7 million, or $0.44 per share.

-24 vs -42

Looks good.

Tom Watson tosiwmee