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.

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

To: Tokyo VD who wrote (32594)	12/22/1998 4:52:00 PM
From: Lance	Respond to of 119973

CMGI should do very well tomorrow... KENT, CT – December 22, 1998 – Cyberian Outpost, Inc. (Nasdaq: COOL), a leading, global Internet retailer of computer hardware, software and peripheral products through its Web site, Outpost.com, today announced financial results for the third quarter ended November 30, 1998. Net sales were $23.5 million, an increase of approximately 286% over net sales of $6.1 million for the same quarter last year, and a sequential increase of 38% over net sales of $17.0 million for the second quarter ended August 31, 1998. The Company also reported a third quarter net loss of $7.6 million, or a pro forma basic and diluted net loss per share of $0.34, compared with a net loss of $1.1 million, or a pro forma basic and diluted net loss per share of $0.12, for the same quarter last year. Gross margin for the third quarter improved slightly to 10.1%. Revenue for the nine months ended November 30, 1998 was $52.1 million, up 257% from $14.6 million reported in the same period last year. Net loss for the nine-month period was $17.4 million, or a pro forma basic and diluted net loss per share of $0.89, compared with a net loss of $2.6 million, or a pro forma basic and diluted net loss per share of $0.34, for the same period last year.