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To: Tom Klempay who wrote (2453)2/19/1998 10:17:00 AM
From: Bruce Cullen  Read Replies (1) | Respond to of 9343
 
So whats your take on "media company" everyone?
Comments, I am curious to everyone's reaction to this, let me know.

Bruce



To: Tom Klempay who wrote (2453)2/19/1998 10:20:00 AM
From: Janice Shell  Read Replies (1) | Respond to of 9343
 
So, what was the street looking for in the interview that he didn't give them?

Probably nothing in particular. I'd guess there were buyers in advance of the interview who wanted to be in just in case Big News was announced.



To: Tom Klempay who wrote (2453)2/19/1998 10:23:00 AM
From: OtherChap  Read Replies (2) | Respond to of 9343
 
>what was teh street looking for in the interview that he
>didn't give them?

he got slammed by mark haines. (as usual) Right at the end of
the interview, he asked him when he thought they were going
to break even, and said some analysts were expecting 1998.
asked Motro to confirm this, and Motro started hemming and hawing and avoided the question (since companies arent allowed to make forward looking revenue statements anymore due to lawsuit possibilities)

so it looked like Motro didnt think they would break even,he refused to answer the question or even say "we are agree with those analyst figures" then to top it off, mark said "So you lost 60 cents last year, 90 cents this year, it doesnt look like you're heading towards breaking even, it looks just the opposite- what do you have to say about that? Oops, we're out of time, thanks for coming to speak with us." the stock immediately plunged, and is now around 13 1/2.



To: Tom Klempay who wrote (2453)2/19/1998 7:52:00 PM
From: chirodoc  Read Replies (1) | Respond to of 9343
 
<<<<So, what was the street looking for in the interview that he didn't give them?

* he has a mild stutter--does not make one fall in love with him
* he did not talk about all of the real estate they were claiming
* said profitability COULD occur in 98
* did not seem all that commanding, but did a reasonably good job



To: Tom Klempay who wrote (2453)2/19/1998 10:04:00 PM
From: Diana  Read Replies (1) | Respond to of 9343
 
The fact that he's a Ted Turner guy says that he's got his connections in the media world.

Here is Infoseek's Motro bio:

Harry M. Motro
President and Chief Executive Officer
Mr. Motro joined Infoseek in April of 1997. Most recently, he was a Senior Vice President of CNN, in charge of
interactive and new business development. After founding CNN Interactive in 1994, Mr. Motro oversaw its
growth into a profitable unit with over 100 employees and launched two other successful CNN sites -- CNNfn
and All Politics. Under his leadership, CNN developed a series of important strategic relationships with
industry leaders including PageNet, Pointcast and Intel. Prior to his work with CNN Interactive, Mr. Motro
worked with Turner Broadcasting's CFO on mergers and acquisitions and helped lead key transactions in both
the entertainment and news fields. Before joining Turner, Mr. Motro spent six years with Coopers & Lybrand,
focusing on telecommunications clients. A frequent speaker at industry conferences and trade shows, Mr.
Motro is actively involved in promoting the growth of the interactive industry and holds leadership roles in
influential industry groups including the Internet Content Coalition, ITA Broadband PC Council, the Intercast
Industry Group and the International Interactive Communications Society. He holds a Bachelor of Science
Degree from the University of Virginia.