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

To: BayPig who wrote (2044)	7/16/1998 10:19:00 PM
From: Keith J	Read Replies (1) \| Respond to of 3183

As much as people don't like charges and losses, you might want to compare with AOL. I think AOL has something like a billion in net losses in its operating history (with much of this in charges), yet carries a market cap of about $24 billion. So XCIT losing a couple hundred million isn't really that far off from that (percentage-wise). I don't think we'll see a selloff like last quarter, but it's entirely possible the stock will tread water for a while. XCIT has enough revenue booked that they could be profitable any quarter they'd like if they cut expenses. I think you'll also see analysts up their revenue numbers for XCIT as well. Just MHO. KJ