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To: Cyprian who wrote (6865)1/31/2006 2:59:21 PM
From: GVTucker  Respond to of 15851
 
You're confusing numbers. The estimate you're looking at is ex Traffic Acquisition Costs.

For reference, last quarter gross revenue was around $1.6 b, but revenue ex -TAC was a little over $1 b. The ex-TAC number is the one you need to pay attention to.



To: Cyprian who wrote (6865)1/31/2006 2:59:49 PM
From: KeepItSimple  Respond to of 15851
 
setting the bar low so it can be beat.

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Why is the revenue estimate so low? Only $1.29 billion? Do I have that right?



To: Cyprian who wrote (6865)1/31/2006 3:02:52 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 15851
 
the revenue bar isn't low. Last quarter they brought in 1.1 billion, but these numbers net out the money they paid to partners in TAC payouts.

When I looked at the estimates a few weeks ago I decided revenue estimates were pretty goog but earnings seemed to lowball. Expenses could have gone up a huge amount though.