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 : XO Group Inc -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (57)	4/29/2004 6:39:41 PM
From: Tom Caruthers	Read Replies (1) \| Respond to of 133

Hi Glenn, What is happening with KNOT I have seen many times before. Today's volume was 20,000+ shares and the stock does not move. There is accumulation by the MM's on this stock. I think the stock will move sharply up by earnings. I guess we will see. Tom

To: Glenn Petersen who wrote (57)	5/12/2004 10:23:59 AM
From: Tom Caruthers	Read Replies (1) \| Respond to 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