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

To: Dell-icious who wrote (2038)7/16/1998 6:56:00 PM
From: Brooks Jackson  Respond to of 3183
 
Hmmmm. CBS reports XCIT "crushes expectations" based on pro-forma results, while CNN/Fn reports "loss widens" based on actual GAAP results.

cbs.marketwatch.com

cnnfn.com

So it depends on how you look at it. This could become a very confused market.




To: Dell-icious who wrote (2038)7/16/1998 6:57:00 PM
From: Manly  Read Replies (1) | Respond to of 3183
 
Is this info. correct? I believe this writer may have his figures wrong. He mentions that First Call had expected a profit of 40+ cents?

cnnfn.com



To: Dell-icious who wrote (2038)7/16/1998 7:40:00 PM
From: drsvelte  Respond to of 3183
 
"the expectation was 39 cents loss - they made 10 cents !"

Whoa Nellie! From the press release:

"The pro forma net loss for the second quarter of 1998 was $4.6 million, or $0.10 per share."


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