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To: esecurities(tm) who wrote (1407)4/11/1998 2:14:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
[SoftQuad HoTMetaL] competitor QuickSite (OTC BB:SITE) Q1 results.

"...The net loss for the first quarter of 1998 (ending 31 March) was $1.2 million or $0.15 per share compared to a net loss of $2.5 million or $1.01 per share in the same period in 1997. The loss per share amounts for 1998 were favorably impacted by the sale of 3,450,000 shares in October 1997.

Revenues for the quarter ended March 31, 1998 decreased approximately 83% to $170,000 compared to $1,023,000 in the same period in 1997..."

source: Site biz.yahoo.com

It is our opinion that SoftQuad may reach positive cash flow by Q2 given/contingent upon [May 1998] release(s) of HoTMetaL Application Server(s) for Windows 95/NT and Sun Solaris...Power Pack is also scheduled for late April release...again, management anticipates profitability by Q4...positive cash flow this quarter [Q2 ending June 30] would also be significant...expect to receive Q1 numbers after HMAPPS ships and Power Pack is available?...perhaps late May/early June...