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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (210)4/15/1998 6:35:00 PM
From: Ty  Read Replies (2) | Respond to of 728
 
PTVL posts (0.41) loss beating estimate of (0.43) loss. Here's an interesting way of reducing the loss/share. The number of shares outstanding increased from 6.3 million last quarter to 11.4 million this quarter. The net loss actually increased slightly. PTVL announced another offering so this should decrease the loss per share even more :)

Revenues grew only 14% from the same quarter last year. This seems a bit anemic considering the high valuation of this internet stock.