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To: DablocTrader who wrote (10369)3/25/1999 4:46:00 PM
From: sean  Respond to of 15987
 
SPDE NEWS!
Thursday March 25, 3:46 pm Eastern Time
SPEEDUS.COM Posts 4Q EPS $1.36(Incl. Gain) vs. Loss $0.25
SPEEDUS.COM INC. (FORMERLY CELLULAR VISION USA INC.) Fourth Quarter and Annual Earns.: Dec. '98-- Consol. Inc. Acct.: Thou. $

3 Mos. to Dec. 31: 1998 1997
Revenues --- ---
Net income + 23,993 d 4,042
Sh. earns. (basic): $1.38 d $0.25
* Sh. earns.: $1.36 d $0.25

Years Ended:
Revenues --- ---
Net income + 10,973 d 15,263
Sh. earns. (basic): $0.59 d $0.95
* Sh. earns.: $0.57 d $0.95

d Deficit.
* As reported on a diluted basis.
+ Incl. $28.1M gain on the Company's assignment of spectrum licensed by the FCC in Nov. '98.

Mar. 25, 1999, SPEEDUS.COM Inc., (formerly Cellular Vision Usa Inc.) announced Dec. '98 4Q EPS, $1.36 vs loss, $0.25 and annual EPS, $0.57 vs loss, $0.95 .

Results for 1998 incl. $28.1M gain on the Company's assignment of spectrum licensed by the FCC in Nov. '98.