Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sandra who wrote (3656)	4/22/1998 10:07:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 29382

Looks good Sandy. They're going to be buying back the convertibles and some more announcements are coming. "we are working hard to create business partnerships where we can leverage joint sales and marketing efforts, creating a trial program with our PurchaseStream application, and releasing a new application where CONNECT has a competitive advantage. We will be issuing separate releases on these developments shortly.'' Sergio

To: Sandra who wrote (3656)	4/23/1998 5:16:00 AM
From: Cary C	Read Replies (3) \| Respond to of 29382

Hi Sandra. sure you already know this just in case, CNKT had a 1 for 5 reverse split in February and the conversion of the preferred was to meet NASDAQ requirements. biz.yahoo.com Taken from earnings report, >>First quarter total revenues were $2,252,000 compared to total revenue of $1,887,000 for the first quarter of 1997, << Revenues for the fourth quarter were >> Total revenue 2,273 << (taken from earnings released 1/28/98) >>Commenting on the fourth quarter and full-year results and milestones, Gordon Bridge, CONNECT chairman, president and CEO, said "We are disappointed with our financial results for 1997. Going into the year, we had anticipated the market for our products would mature much more quickly.<< Looks like they are still struggling. Here is the news release, biz.yahoo.com What does this have to do with anything the way the market has been reacting lately. I'll probably be wishing I had bought this one also. Be careful. Cary