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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: STEAMROLLER who wrote (659)	7/21/1998 10:55:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 119973

Steamer your on a roll...LOL

To: STEAMROLLER who wrote (659)	7/21/1998 10:56:00 PM
From: STEAMROLLER	Respond to of 119973

PSINet Exceeds Wall Street Estimates, Q2 Loss $0.67 Vs. $0.69 PR Newswire - July 21, 1998 16:38 HERNDON, Va., July 21 /PRNewswire/ -- PSINet Inc. (Nasdaq: PSIX) today announced record revenues for the second quarter ended June 30, 1998. Revenues for the quarter were $53.7 million, up 82 percent over the $29.5 million reported for the second quarter of 1997. Revenues for the six months ended June 30, 1998 were $98.2 million, a 78 percent increase over revenues of $55.1 million for same period in 1997. The net loss to common shareholders for the second quarter was $34.4 million, or $0.67 basic and diluted loss per share, before the effect of a $20.0 million ($0.39 per share) charge for acquired in-process research and development related to the previously announced acquisitions of LinkAge in Hong Kong, INX in Germany, and ioNET in Oklahoma. This compares to First Call's consensus estimate of a $0.69 loss per share. A replay of today's analyst conference call is available for playback from 2:00 p.m. EDT, Tuesday, July 21, 1998 to 11:59 p.m. EDT, Thursday, July 23, 1998. For auto playback only call 800-475-6701 (USA) and 320-365-3844 (International); access number 398216. If you have any questions, please call Kelli Harrington Nemer, Manager, Investor Relations at 703-904-4100 ext. 1245. SOURCE PSINet, Inc. /CONTACT: Kelli Harrington Nemer, Manager of Investor Relations, 703-904-4100, ext. 1245, or e-mail, harringtonk@psi.com, or Michael P. Binko, APR, Manager of Public Relations, 703-904-4285, or binkom@psi.com, both of PSINet/ (PSIX) this is a very good long term stock, it just never rallys like other internet stocks do. SR