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Technology Stocks : WorldGate Communications, Inc. (WGAT) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Kagan who wrote (481)	11/3/2000 8:10:16 AM
From: Benny Baga	Read Replies (1) \| Respond to of 589

>>>>The report also shows expenses have been increasing faster than revenues. Do the Math...... 2nd-QTR REVS 3.7 Million vs. 3rd-QTR REVS 6.6 Million ....a 85% increase compared to the last Quarter. 2nd-QTR Expenses 15.3 Mil vs. 3rd-QTR Expenses 19.7 ....a 29% increase compared to the last Quarter. So let us review...Revs grew at 85% and expenses only grew at 29%, Not to mention the 1.4 million of the expenses is a one time charge. If you exclude the 1.4 million, expenses only grew by 19%. Do you realize how BIG the market is that they are in???? The average consumer spends 8 hours a day in front of their TV! Benny(IMHO)