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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (2827)	10/4/1998 10:18:00 PM
From: FCC	Respond to of 7247

Tim, Earthlink, please. ELNK FCC

To: Tim Luke who wrote (2827)	10/4/1998 10:24:00 PM
From: aps	Respond to of 7247

man u really are on top of this one, great job buddy!!!

To: Tim Luke who wrote (2827)	10/4/1998 10:30:00 PM
From: Magnatizer	Respond to of 7247

I will go with a long shot SRSL long ht david

To: Tim Luke who wrote (2827)	10/4/1998 11:06:00 PM
From: Bogeey	Read Replies (1) \| Respond to of 7247

This may be old news, but have not seen this mentioned on the thread. Plan to hold xyln and watch ticks. My gut says stay with it. FRON CBS MARKETWATCH Last Update: 5:03 PM ET Oct 3, 1998 Profile: Kent, Conn.-based Cyberian Outpost (COOL) sells computer-related products over the Internet. Notable: Cyberian Outpost sold 4 million shares in an IPO headed by BT Alex. Brown. The stock didn't begin trading until late in the day, and some early momentum quickly faded. The stock has yet to recover and is still well under the $18 offering price. On Thursday, the company reported fiscal-second-quarter sales of $17 million, an increase of approximately 47 percent above first-quarter results. Gross margins improved to 9.9 percent from 9 percent in the previous quarter. Losses grew to $5.6 million, or a pro forma 29 cents a share, from $4.2 million, but that beat analysts' consensus estimate by 14 cents a share. * * * Let's start with the [quarterly results]. The reception from the market today was kind of negative early. Was that due to some incorrect headlines [that said Cyberian had missed analysts' estimates]? Peck: There was an incorrect headline out yesterday. It was retracted, but you know how the Internet is. Once it gets out there, it's out there. It's wrong. We beat the analyst First Call consensus by 14 cents a share, and there's no way around that. That's a fact. They were looking at the net loss as opposed to operating -- Peck: No, I think they were looking at the non pro forma, because in the first quarter as a public company, when you convert from preferred to common stock, you have to report both numbers. This isn't accounting trickery. This is actually how it's done. It's nothing we'll have to deal with next quarter because the conversion took place in that quarter. Unfortunately, some guy sitting in a room somewhere typed in the wrong number and it went out all over the world. Then they took it back, but you know how it is: You can't take it back. It's out there. cbs.marketwatch.com