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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (47351)	2/14/2001 9:39:15 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

Rande Alert..one to watch Heavy buying in USIX...@ 2 5/8 now a little sell off.. Tuesday February 13, 5:06 pm Eastern Time Press Release USi Reports 2000 Revenue of $109.5 Million 208% Increase Over 1999 Revenue ANNAPOLIS, Md.--(BUSINESS WIRE)--Feb. 13, 2001--USinternetworking, Inc. (USi, Nasdaq: USIX), a leading Application Service Provider, today reported results for the fourth quarter and fiscal year ended December 31, 2000. The Company reported revenue for the fourth quarter of 2000 of $37.3 million, including one-time fees of $3.2 million primarily related to the early termination of a contract with U S WEST. Total revenue for fiscal year 2000 was $109.5 million, a 208% increase over 1999. EBITDA loss for the quarter improved to $11.9 million, and the net loss amounted to $45.6 million, or $0.44 per share. For the full fiscal year the Company reported a net loss of $175.0 million, or $1.80 per share. ``USi's 2000 revenue performance is a tribute to the business our employees have built,'' said Andrew A. Stern, Chief Executive Officer. ``When USi was founded, the phrase Application Service Provider had not yet been coined. Today, in only our second full year of operation, we are the leader in the space with almost $110 million in revenue and over half of our business coming from established, enterprise clients entrusting their mission-critical systems to USi.'' Additional highlights during the quarter include: 33 new service contracts, including clients such as The Port Authority of New York and New Jersey, Barclays Global Investors, American Battle Monuments, Magellan Health Care, The Longaberger Company, and Polyclad Technologies, a Cookson Electronics Company. $49.3 million in new service contract value. Gross margin for the quarter improved to $7.0 million, or 19%. Capital expenditures for the quarter declined to $26.0 million. On January 2, 2001 the Company closed the remainder of the previously announced $180.0 million of debt and equity commitments. Had the equity and debt, net of certain existing debt and transaction expenses, closed on December 31, 2000, the Company's cash balance would have been approximately $143.0 million. $140.0 million of equity financing commitments arranged in conjunction with the November financing are still available to the Company. biz.yahoo.com Banchee

To: Rande Is who wrote (47351)	2/14/2001 10:19:09 AM
From: BoomBoom	Read Replies (2) \| Respond to of 57584

Hi Rande, Enjoy lurking on this board. It seems to me that you are hinting that big Al is manipulating this market. If that is true and someone has proof, then I believe that is against the law and he can be sued for any losses that people have occured. Any lawyers in the house? P.B.

To: Rande Is who wrote (47351)	2/14/2001 10:53:00 AM
From: Mark Konrad	Read Replies (1) \| Respond to of 57584

I really like the QQQ as an overall tech charting barometer and trader. After hitting overbought levels in January near 70, it has now come back down to oversold levels and is only 2 points away from its 52-week low of 52. No conservative entry buy signal yet, imo, but that is likely to change within a few days. OT--returned from east coast completely exhausted...family business involving a seriously ill and aging relative pulled my wife and I away from all our new obligations here at home. So be it; we did the right thing. "Life is what happens to you while you're busy making other plans."--John Lennon Many posts and e-mails to catch up on again. Sniff-sniff...do I smell a rally brewing or is my account on fire? Regards to all--Mark--