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

To: Roger Sherman who wrote (26370)	7/25/2001 1:04:57 AM
From: KLP	Respond to of 28311

Pro-Forma....Gives a whole new meaning to Robber Barons, eh? InfoSpace sees red ink for rest of 2001 siliconinvestor.com BELLEVUE, Wash. (CBS.MW) -- Shares of InfoSpace, a provider of online and wireless content, plunged by 20 percent after the company warned of losses for the rest of the year. The stock recently traded at $2.67 after hours. During the regular session, the stock was up 6.7 percent to $3.33 in a down market. The suburban-Seattle-based company's (INSP: news, chart, profile) reported a 1-cent pro forma profit for the second quarter, beating the 2-cent loss expected by analysts polled by First Call/Thomson Financial. However, the pro forma profit was achieved after the addition of $4.58 million in other income. Excluding other income, InfoSpace had a loss from operations of $1.8 million.<?b> The company recorded a pro forma profit of $2.6 million in the second quarter, compared with earnings of $11 million, or 3 cents, last year. Pro forma figures exclude noncash and one-time charges plus items unrelated to core operations. Revenue came to $50.9 million in the quarter, slightly ahead of expectations and up from last year's $50.5 million. Including all the charges, InfoSpace lost $70.9 million, or 22 cents a share. A year earlier, its net loss was $38.9 million, or 13 cents.

To: Roger Sherman who wrote (26370)	7/25/2001 2:16:21 AM
From: KLP	Respond to of 28311

HA! Don't forget Looney Toons... matschca.com Some say, "Only in America." Can't remember if that quote was from George Washington, Thomas Jefferson, Abraham Lincoln, Benjamin Franklin, Mark Twain, Tony Soprano, Alfred E Newman, SI Sy...or someone else.