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Technology Stocks : Alphanet Telecom, WOW ! -- Ignore unavailable to you. Want to Upgrade?

To: wynn quon who wrote (88)	5/19/1998 7:42:00 AM
From: wynn quon	Read Replies (1) \| Respond to of 117

Latest Quarter results. Wonder if those HSBC fellows are still looking for US$70M in telecom revenues this year? ------- ALPHANET TELECOM INC. Summary Financial Information Periods Ended March 31, 1998 and February 28, 1997 (in millions of U.S. dollars except per share amounts) Three Months Ended Financial Results March 31, 1998 February 28, 1997 ------------------------------------------------------------------------ Revenues Telecommunications US$ 0.1 US$ - Hospitality 2.1 1.6 ------------------------------------------------------------------------ US$ 2.2 US$ 1.6 ------------------------------------------------------------------------ ------------------------------------------------------------------------ Operating revenues Telecommunications US$ (2.2) US$ - Hospitality 1.9 1.2 ------------------------------------------------------------------------ US$ (0.3) US$ 1.2 ------------------------------------------------------------------------ Expenses Operations, selling, general and administrative US$ 4.1 US$ 3.0 Amortization 1.6 1.1 ------------------------------------------------------------------------ US$ 5.7 US$ 4.1 ------------------------------------------------------------------------ ------------------------------------------------------------------------ Net loss for the period US$ 6.0 US$ 3.1 ------------------------------------------------------------------------ ------------------------------------------------------------------------ Loss per common share US$ 0.58 US$ 0.30 ------------------------------------------------------------------------ ------------------------------------------------------------------------ Other Financial Information ------------------------------------------------------------------------ Cash used in operating activities US$ 6.9 US$ 1.6 ------------------------------------------------------------------------ ------------------------------------------------------------------------ Cash and short-term investments US$ 19.5 US$ 15.4