Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (2816)	11/23/1998
From: esecurities(tm)	Respond to of 4231

Formal unedited q3 1998 numbers. SOFTQUAD INTERNATIONAL INC. ANNOUNCES RESULTS FOR 1998 Q3 Toronto, Canada, (November 13, 1998) - "...In accordance with Canadian GAAP, the net loss for the quarter ended September 30, 1998, amounted to $2.5 million or 19 cents per share, as compared to a net loss of $1.5 million or 11 cents per share for the comparable quarter last year. Under U.S. GAAP, the net loss for the quarter ended September 30, 1998, was $1.9 million or 14 cents per share, as compared to a net loss of $1.4 million or 11 cents per share for the comparable quarter last year. The main difference between Canadian GAAP and U.S. GAAP is the accounting treatment of the acquisition of the majority interest in NewKidCo, LLC ("NewKidCo"). The 3rd quarter was characterized by costs associated with Softquad Inc., which has now been sold, and investments in the company's NewKidCoTM joint venture. "We believe that our future business lies heavily with NewKidCo which we expect will begin generating revenues and driving our business from the 4th quarter onwards. Advance orders for the NewKidCo products from our retail partners have been encouraging and we are optimistic about the prospects for profits and growth from this business," stated Richard Rabins, CEO..." source: softquadintl.com actually q3 losses from continuing operations were <C$3,136,000> **Rabins attributes Q3 losses to SoftQuad Inc yet failed to point out that losses would have been ~27% more if it were not for the SoftQuad Inc. $C657,000 gain on sale of assets.

To: esecurities(tm) who wrote (2816)	11/24/1998 11:05:00 AM
From: esecurities(tm)	Respond to of 4231

>>STRONG SELL...[mgt] has not responded..re: analyst est Q4 98/fy 99 losses... > From: Steve Schneider > To: Channel W(tm) Broadcasting Network(tm) > Subject: Re: Analyst issuing STRONG SELL and losses through Dec 31 1999. > Date: Monday, November 23, 1998 8:15 AM > > Hi Norman, > > I just received your voice mail from Friday 11/20. I have never released > projected earnings for the company to any outside analysts. Therefore, I > have no idea of what information the analyst you referred to, used to > project future earnings for the company. > > Regards, > Steve Schneider > > At 08:31 AM 11/17/98 -0800, you wrote: > >Steve Schneider, CFO (NASD OTC BB:SWEBF)(TSE:SKI) > >Board of Directors > >bcc: distribution > > > >In Re: ZACK'S STRONG SELL/analyst estimates: > >http://biz.yahoo.com/z/a/s/ski.to.html > > > >Dear Steve: > > > >Please contact me asap regarding this stunning information. > > > >Thank you. > > > >Sincerely, > > > > > >/s/Norman A.Levinson, Chairman > >Channel W Broadcasting Network > >Shareholders (NASD OTC BB:SWEBF)(TSE:SKI) ...accordingly...how does a STRONG SELL get issued including detailed q4 98 and fy 99 numbers reflecting continuing losses?...either the analyst/securities firm or Schneider/SWEBF could be facing considerable legal problems as q4 98...fy 99 numbers are released...?