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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (1102)3/10/1998 4:00:00 PM
From: Boplicity  Respond to of 3183
 
August and threaders, XCIT up and most all other internet stocks down. Are investor finally seeing the valuation discrepancy between YHOO and XCIT we have seen? Whatever the reason, investor will take note of the fact that XCIT is up.

Greg



To: AugustWest who wrote (1102)3/10/1998 4:00:00 PM
From: Keith J  Read Replies (2) | Respond to of 3183
 
From CBS Marketplace:

<

Excite sees light

Web publisher Excite Inc. (XCIT) is expecting revenues could hit $100 million
this year and that this may move the company close to profitability after four
years of losses. Excite president George Bell said his news and entertainment
search and directory site now has four million registered users, he told
Bloomberg news. Bell said the number of advertisers has moved from fewer than
100 a year ago to 600 currently. The value of advertising contracts in place is so
large the company could break even in the third quarter, the report described
Bell saying.>