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| Author | Topic: Expedia (EXPE) |
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Earnings Administrator |
In Brief: - Expedia turned a profit for the first time last quarter and announced that it expects to remain in the black for next quarter and the rest of the year. Company Name (Ticker): reported, expected, same q last year Expedia (EXPE): $0.09, $0.09, -$0.30 |
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Earnings Administrator |
Company Name (Ticker): reported, expected, same q last year Expedia (EXPE): -$0.06, -$0.15, -$0.26 |
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Earnings Administrator |
Company Name (Ticker): reported, expected, same q last year Expedia (EXPE): -$0.04, -$0.26, -$0.30 |
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InvestorGuide Daily Administrator |
A number of leading U.S. e-commerce merchants and payment processing companies (including American Express, Buy.com, and Expedia) announced Monday the formation of the Worldwide E-Commerce Fraud Prevention Network, an industry coalition aimed at reducing Internet-based fraud. The coalition intends to use the newly formed network to share fraud prevention information and practices with merchants in order to improve Web security and reduce the costs associated with fraud. (source: ecommerce times) http://www.ecommercetimes.com/news/articles2000/000926-3.shtml |
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Earnings Administrator |
Expedia reported a fourth quarter loss of 30 cents a share before one-time items. Wall Street had expected a loss of 47 cents a share. Revenues were up 164 percent to $70 million http://cnnfn.cnn.com/2000/07/31/technology/earns_expedia/ Company Name (Ticker): reported, expected, same q last year Expedia (EXPE): -$0.30, -$0.47, n/a |
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JHirsch |
The earnings numbers were good, but at this point they don't really tell that much. Investors shouldn't be quick to draw conclusions based on them. Studies have come out recently projecting a lot of consolidation in the industry. This is probably a good thing for Expedia since it is one of the major players. Assuming the stock price stays high enough it will be able to buy up the smaller sites (and add to their user base and product offerings in the process) |
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Earnings Administrator |
Company (ticker): reported, expected, same q last year Expedia (EXPE): -$0.30, -$0.50, n/a |
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bobcobb |
Expedia.com will record $4 to $6 million in third quarter losses to cover fraudulent credit card purchases made on its Web site. Are they the only ones doing this? I'm sure they aren't the only e-commerce company dealing with fraud. I applaud them for their foresight and honesty in this regard. |
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JHirsch |
so, expedia lost $23 million, or 16 cents a share and it beat estimates of a 29 cent loss per share. $17 million of which was spent on stock options fulfillment. That would be a loss of 64 cents a share. Its not like the stock options are a one time charge. They charge might not be as big for the next quarter but it'll continue to be there. Just ask microsoft, AOL, or Amazon. Tech companies have to continue to offer options to retain the talent. Its a cost of business not an extraordinary charge. Expedia is up almost 25% today on the earnings news. It probably shouldn't be... It could also be that some of the jump is because people like the two purchases they made, but if its based on the seemingly stellar earnings people are making a mistake. Jake |
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Earnings Administrator |
Expedia (EXPE): -$0.16 reported, -$0.29 expected, not public same q last year. |
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JHirsch |
Here is an article about the possible competitor I was talking about http://www.thestandard.com/article/display/0,1151,8029,00.html?01 The title of the article is a bit misleading because it isn't yet a one-stop shop. You can't make the actual reservation on this site just but as I said i'm sure someone will buy the software up or will offer its reservation service to partner. Jake |
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JHirsch |
Keep an eye on this one as a major competitor to Expedia, Priceline, and Travelocity... right now its only in beta and not affiliated with any major company. The site is www.itasoftware.com It was developed by MIT Artificial Intelligence researchers and is a "disruptive technology" according to reviewers. It allows for lots of things other sites don't such as a window of arrival and departure time. Keep an eye on whatever company snatches this software up. Jake |
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gatsby |
I thought it was investment banks who price ipos, not the parent company. Would Gates have a way around this? |
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mrcool |
One thing is for sure, Microsoft will price the IPO shares of its next spinoff much more aggressively. Gates is never one to leave money on the table. |
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InvestorGuide Weekly Administrator |
Here's an article about the IPO: http://www.cnnfn.com/1999/11/10/companies/expedia/ |
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