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 : AHWY -- AudioHighway.com -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (223)	4/6/1999 8:25:00 PM
From: Danimal	Read Replies (1) \| Respond to of 399

Gezzz... They are lossing more money THIS year then last!! That's what happens with new companies that are expanding. Need to spend money to make money. Simple economics. They are expanding their user base and content with the hope of reaping the benefits later. Very few internet companies are in the black. Besides, what many of us are looking for here is a buyout. Audiohighway.com is ripe for the picking. Yahoo! has broadcast.com, RealNetworks will get bought out eventually, and audiohighway.com is looking pretty attractive to a large number of portal-type companies.

To: Instock who wrote (223)	4/6/1999 8:58:00 PM
From: lazarre	Read Replies (1) \| Respond to of 399

You sound desperate..... BTW, you said: "What would you expect analyst John Paulson of Paulson Investment Co to SAY, he DOES NOT LIKE THE STOCK? LOL He/They own shares of the stock" In some corners that would be considered a rather seious assertion. Can you point the thread to the source of your assertion?

To: Instock who wrote (223)	4/6/1999 9:18:00 PM
From: Zakattack	Respond to of 399

Just ask yourself one question: What is the percentage of losing $4.11/sh when income was $4,000/yr as compared to losing $5.12/sh when income was $139,000? How do you define growth? AHWY... Now well in the foot-steps of BCST and RNWK <imo> R/ Z

To: Instock who wrote (223)	4/6/1999 9:19:00 PM
From: Kimberly Lee	Read Replies (1) \| Respond to of 399

According to Briefing, ABOV lost $7.35 per share in the quarter (not fiscal year) preceding its IPO. If you shorted ABOV at $15 last December on the basis of the broadening losses, you would have to pay 8 times as much to cover your shorts today. Scott, you cited: <<" The company reported fiscal results on March 31, with a 1998 net loss of $5.8 million, or $5.12 a share, over a 1997 loss of $3.7 million, or $4.11 a share. Revenues for 1998 increased to $139,000 over revenues of $4,000 in 1997." >> To show how irrelevant, within the context of pure internet plays, the numbers you cited above are, just take a look at Briefing.com's write up on Abovenet on 12/08/98. At the time ABOV was trading around $15 a share, today it closes way above 100. ABOVENET COMMUNICATIONS (ABOV):Shares of capital hemorrhaging e-commerce solutions provider are scheduled to debut this week. This afternoon, lead-underwriter CIBC Oppenheimer announced that it has boosted the offering range on the deal from $9-$11 to $11-$13 and increased the size by 25% to 5 million shares. The firm plans to price the offering tomorrow night. Hard to believe that institutions are lining up to buy shares in a company that bled $7.35 per share in the latest qtr, more than double the year-ago $3.14 a share loss. On an aggregate basis, the quarterly losses were much less startling at $3.35 mln (9/98) vs $0.66 mln (9/97). Going forward, ABOV expects losses to increase significantly from current levels. Specifically, ABOV manages co-location and Internet connectivity solutions for electronic commerce and other mission-critical Internet operations. The company derives the majority of its revenues from bandwidth charges, with additional revenues generated from charges related to space requirements and one-time installation fees. In Briefing.com's opinion, ABOV could do well over the intermediate-term, but the potential rise in price certainly won't be based on the company's fundamentals. Until institutional investors can no longer rely on daytraders to bail them out of these types of substandard offerings, the IPO pipeline will continue to ooze the AboveNets of the world. Shares Outstanding: 11.82 million Market Capitalization: $130-$154 mln Revenues: 1997= $0.552 mln; 1998= $3.436 mln Loss Per Share: 1997= $9.17; 1998= $20.68 Price/Sales Ratio: 27-32