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Technology Stocks : XO Group Inc
XOXO 34.990.0%Dec 21 3:00 PM EDT
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To: Glenn Petersen who wrote (57)5/12/2004 10:23:59 AM
From: Tom Caruthers  Read Replies (1) of 133
 
Hi Glenn,

KNOT announced earnings today. Essentially a breakeven quarter with a $98k loss on significantly higher revenues (13%) due mainly to increased ad and sponsorship revenues.

They had some problem with their merchandise distribution network which is a near term negative and led to 15% decrease in merchandise sales. Also, they increased sales and marketing and G&A. However, if they can boost sales of merchandise, with solid growth in their other divisions, I think they can pull out at least $1M per quarter going forward.

Tom
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