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Technology Stocks : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?


To: jtechkid who wrote (641)10/16/1998 1:44:00 AM
From: craig crawford  Read Replies (1) | Respond to of 1188
 
>> but is legit web company that will eps around 45-46 cents... but you have a company that eps are being raised and it will be legit web company <<

You keep referring to earnings. What earnings? I see almost $200 million in losses since inception. Looks like USWB lost $38 million last Q. I see notes in SEC filings saying not to expect any profits for the remainder 1998, and there is no certainty for profits in 1999. I see revenues climbing extremely fast, with shares outstanding climbing even faster. After the CKSG merger "Reinvent Communications" will have 75+ million shares outstanding fully diluted, with a market cap approaching $1 billion. Hmmm...interesting.

Salivating at this chance to get back in and short this puppy again...