LOK looksmart limited

lok - sequential revenue growth!!

  1. 2,032 Posts.
    In fact, Looksmart guided for and < anticipates sequential revenue growth of 3% to 5% in the first quarter of 2006 and a return to year over year revenue growth for fiscal year 2006 >

    Looksmart also advised that:

    < LookSmart's GAAP results of operations for the first quarter ending March 31, 2006 will include the impact of expensing stock options resulting from the adoption of Statement of Financial Accounting Standards No. 123® as required in the first quarter of 2006. The Company is not presently in a position to quantify the impact of the adoption, which is expected to result in a significant increase in GAAP net loss on its statement of operations and net loss per share.

    On a non-GAAP basis, excluding the impact of the adoption of Financial Accounting Standards No. 123®, for the first quarter ending March 31, 2006:

    -- LookSmart's revenues are expected to increase 3% to 5% from the fourth quarter of 2005;>

    Those following the sector and particularly the < impact of the adoption of Financial Accounting Standards No. 123®, > will then understand that "The Market" has been taking this factor into consideration with reports such as Google and Infospace and I SEE NO REASON AS TO WHY LOOKSMART WILL NOT ENJOY THIS SAME, COMMON SENSE CONSIDERATION ....

    It's all there ..... Just requires some reading and "understanding", I suppose .... Some who may be just a "little out of touch", may find this difficult, I imagine....

    I do feel LOOK will surprise .... in more ways than one ... But, just MHO and tp put it frankly, I CONTINUE TO 'LOAD UP', IN ANTICIPATION .......

    :)
    LC
 
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