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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?

To: JeanD who wrote (1088)	2/5/1999 12:37:00 AM
From: Shivram Hala	Read Replies (1) \| Respond to of 2004

Open Market (OMKT) 15 15/16 -1: e-commerce software company reports a Q4 .12 loss would be great but revenue downfall is a big damper. Beating estimates was basically done by cost cutting and not by increased revenue. In fact the thanksgiving/christmas season should have increased revenues. Anyway, When the market opens I'll be long gone. From CBSMarketWatch Open Market Inc. (OMKT) could open higher Friday morning due to its fourth-quarter financial report. The report showed a 12-cent loss, excluding a one-time charge for restructuring, but analysts expected a 17-cent loss. However, year-over-year revenue dropped to $16.1 million compared to $18.6 million. Shares closed down 1 15 15/16. cbs.marketwatch.com