To: Adelle who wrote (35140 ) 4/20/1999 4:35:00 PM From: Jenna Read Replies (1) | Respond to of 120523
5 nets so far beat...XMCM beats.. SPLN 2 cents more (or less loss) than expected.. see below. Obviously someone, perhaps an analyst, was out to spoil the earnings plays for us this quarter. I never thought they were 'fairly valued' or not unextended, but I think it would have been a little more circumspect on Ms. Meeker's part if she had refrained from here damaging statements until AFTER the earnings reports. So now what she accomplished is she has egg on her face. The same thing happened with TXCC and that has recovered nicely and then some. I don't think analysts know squat more than you or I and they abuse their 'powers' by talking out of line. XMCM:::: XOOM.com Announces Record First Quarter Revenues 28 Percent Increase in Revenues Over Last Quarter, 421 Percent Increase Over Same Period Last Year SAN FRANCISCO--(BUSINESS WIRE)--April 20, 1999--XOOM.com (Nasdaq:XMCM - news), a leading Internet-based direct e-commerce company, today announced its financial results for the first quarter ended March 31, 1999. The company reported revenues of $4.4 million for the first quarter of 1999, an increase of 28 percent over revenues of $3.5 million for the fourth quarter ended December 31, 1998, and an increase of 421 percent over revenues of $0.8 million for the first quarter of 1998. <<<<<SPORTSLINE>>>>>>>> SportsLine USA, Inc. Reports First Quarter Financial Results Record-High Revenue and Site Traffic Generated FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 20, 1999-- SportsLine USA, Inc. (Nasdaq:SPLN - news), the publisher of CBS SportsLine (cbs.sportsline.com), today announced record revenue and site traffic for the first quarter ended March 31, 1999. Revenue increased 63% to $11.1 million in the first quarter of 1999, compared to $6.8 million in the same quarter last year. The Company's net loss for the quarter was $10.1 million or $0.47 per share, compared to a net loss of $9.0 million or $0.56 per share in the same quarter last year. EBITDA (earnings before interest, taxes, depreciation and amortization) loss was $5.3 million compared to $5.6 million in the same quarter last year. Traffic to the Company's Web sites grew 58% over the same period last year, averaging approximately 6.8 million page views per day for the first quarter of 1999, compared to 4.4 million page views per day in the same quarter last year. Record highs were set for the month of March with 9.0 million average page views per day.