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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions -- Ignore unavailable to you. Want to Upgrade?

To: doormouse who wrote (244)	5/18/1999 11:08:00 AM
From: Elayne Shochet Tatar	Read Replies (2) \| Respond to of 353

Latest results: Metromedia International Group Inc. Dow Jones Newswires -- May 18, 1999 DJ Metromedia Intl 1Q Losses 22c A Share Vs 39c Metromedia International Group Inc. - New York 1st Quar March 31: 1999 1998 Revenue $67,642,000 $60,219,000 Net income (15,022,000) (26,715,000) Avg shrs (basic) 69,123,000 68,572,000 Shr earns (basic) Net income (.22) (.39) Figures in parentheses are losses. Metromedia International Group Inc. (MMG) reported first-quarter revenue from its lawn and garden equipment unit rose to $67.6 million from $60.2 million. First-quarter revenue from the communications group fell to $7.61 million from $8.96 million. Metromedia International said it expects to generate significant consolidated losses for the foreseeable future as the communications unit develops and markets its services. The communication unit's operating loss in Eastern Europe in the first quarter fell to $8.16 million from $13.4 million. The unit's first-quarter operating loss in China rose to $3.55 million from $3.35 million last year. Snapper's operating income in the quarter rose to $3.32 million from $864,000.