HIGH SPEED ACCESS -- DER START!!!!!!!! - 500 Beiträge pro Seite
eröffnet am 04.05.00 11:18:47 von
neuester Beitrag 06.06.00 18:48:59 von
neuester Beitrag 06.06.00 18:48:59 von
Beiträge: 3
ID: 129.528
ID: 129.528
Aufrufe heute: 0
Gesamt: 336
Gesamt: 336
Aktive User: 0
Top-Diskussionen
Titel | letzter Beitrag | Aufrufe |
---|---|---|
gestern 22:39 | 220 | |
gestern 23:30 | 143 | |
gestern 23:06 | 119 | |
gestern 23:38 | 113 | |
vor 1 Stunde | 112 | |
31.10.09, 12:59 | 91 | |
gestern 20:51 | 84 | |
gestern 22:56 | 78 |
Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 1. | 18.735,00 | +1,25 | 209 | |||
2. | 3. | 0,2100 | +8,53 | 102 | |||
3. | 2. | 0,3100 | -67,71 | 100 | |||
4. | 4. | 171,97 | -1,57 | 63 | |||
5. | 5. | 2,7700 | +9,92 | 54 | |||
6. | 7. | 6,6570 | +0,14 | 39 | |||
7. | 6. | 0,1645 | -5,46 | 38 | |||
8. | 9. | 10,400 | +1,66 | 33 |
Hi
Erinnert sich noch jemand an High Speed Access?HSAC wurde letztes Jahr von Stockworld und Steve Harmon(Zitat:der Topwert der Kommenden Jahre)empfohlen.In den letzten Monaten wurde HSAC allerdings stark unter Druck gesetzt und verlor viel an Wert.Es gab in dieser Zeit allerdings auch nichts an kursbewegenden Meldungen.Ich glaube es ist aber nun soweit,daß man sich mit diesem Wert etwas näher beschäftigen sollte.In der nächsten Zeit werden die Kurse
wieder anziehen,da bin ich mir sicher.HSAC erwachen langsam
aus ihrer Lethargie.Schaut Euch den Wert mal an.
High Speed Access schlägt Schätzungen
Der Betreiber eines Breitband-Netzwerkes High Speed Access (Ticker: HSAC) lag im abgelaufenen ersten Quartal mit einem Verlust von 27,7 Mio. Dollar - oder 51 Cents je Anteilsschein - 2 Cents unter den Prognosen des Marktes. Der Umsatz stieg im Vorjahresvergleich um 567 Prozent auf 2 Mio. Dollar.
High Speed Access Corp. Initiates Up To $100 Million Cable IP Telephony Rollout With Lucent Technologies
DENVER, May 3, 2000 /PRNewswire via COMTEX/ -- High Speed Access Corp. (Nasdaq:
HSAC), a leading provider of broadband services in residential and commercial
markets, today announced that it intends to deploy and offer Internet protocol
(IP) telephone service over selected cable TV networks across the United States.
As part of its strategy, HSA announced an agreement with Lucent Technologies
(NYSE: LU) under which Lucent will provide network equipment, software and other
services valued at up to $100 million.
HSA plans to initially offer local and long-distance telephone service to
residential and business customers using Lucent`s CableConnect(SM) Solutions
including equipment based on DOCSIS, an industry-wide specification for
delivering real-time services such as IP telephony over two-way cable networks.
In addition to providing equipment under the three-year agreement, Lucent will
also be arranging third-party equipment financing and make an equity investment
in HSA. Lucent and HSA will also work together on future generations of cable IP
telephony equipment and software.
In December 1999, HSA and a cable partner began testing DOCSIS-compliant cable
IP telephony systems in Georgia. As these trials have progressed, HSA has been
developing a coast-to-coast rollout strategy. HSA currently provides broadband
Internet access via cable modem in 137 communities nationwide and is adding
additional systems on a weekly basis. HSA has over 7.5 million cable homes under
contract or letter of intent with more than 45 different cable partners. HSA
expects to begin commercial deployments of cable IP telephony service in the
third quarter of this year.
"We are thrilled to be working with Lucent on the launch of our voice service
that will allow us to offer a bundled package of video, voice and data, plus
next generation IP services," said Dan O`Brien, HSA president and CEO. "Voice
service represents a multi-billion dollar incremental market opportunity for
cable operators. This offering not only gives us a competitive telephone service
with high-demand features such as call waiting and caller ID, but also the
billing and operations software and network services that make it a turnkey
solution for our MSO partners."
"Providing high-quality telephone service over cable networks requires more than
a single piece of equipment, it takes the whole network, and that`s what we`re
delivering to HSA," said Tim Gropp, Lucent sales vice president for cable
communications. "HSA is taking a leading role in deploying IP services with this
commitment to cable IP telephony."
About High Speed Access Corp.
High Speed Access Corp., headquartered in Denver, Colo., is a leading provider
of high speed Internet access via cable modems to residential and commercial end
users. The company believes that it provides the most comprehensive turnkey
solution available to the cable operator. Its service enables subscribers to
receive Internet access at speeds substantially faster than traditional Internet
access at minimal cost to the cable operator. HSA enters into long term
contracts with cable operators to provide them with the access service it
provides to the cable partner and its subscribers. For more information on HSA,
visit its Web site at .
About Lucent Technologies
Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and
delivers the systems, software, silicon and services for next-generation
communications networks for service providers and enterprises. Backed by the
research and development of Bell Labs, Lucent focuses on high-growth areas such
as optical and wireless networks; Internet infrastructure; communications
software; communications semiconductors and optoelectronics; Web-based
enterprise solutions that link private and public networks; and professional
network design and consulting services. For more information on Lucent
Technologies, visit its Web site at .
This press release contains statements about future events and expectations,
which are "forward-looking statements." Any statement in this press release that
is not a statement of historical fact may be deemed to be a forward-looking
statement. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the High Speed Access Corp.`s
actual results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Specific factors that might cause such a difference
include, but are not limited to: the company`s unproven and evolving business
model; the rapid technological changes and evolving industry standards in the
markets for our services; the company`s history of losses and anticipation of
future losses and need for additional capital; the potential fluctuations in the
company`s operating results; the company`s competition; the company`s potential
inability to attract and retain end users; the company`s potential inability to
establish or maintain relationships with cable operators, including Charter; and
those risks and uncertainties discussed in filings made by the company with the
Securities and Exchange Commission, including those risks and uncertainties
contained under the heading "Risk Factors" in the company`s most recent
quarterly report on Form 10-Q as filed with the Securities and Exchange
Commission.
SOURCE High Speed Access Corp.
(C) 2000 PR Newswire. All rights reserved.
CONTACT: Media: Katina Vlahadamis, Director of Media Relations,
303-256-2018, kvlahadamis@hsacorp.net or Investors: Stephen Calk,
Vice President of Investor Relations, 303-256-2091, scalk@hsacorp.net, both of
High Speed Access Corp.; or Doug Broad, 908-559-7520, dbroad@lucent.com, or
Ed Beltram, 303-290-2453, ebeltram@lucent.com, both of Lucent Technologies
KEYWORD: Colorado
New Jersey
INDUSTRY KEYWORD: MLM
TLS
SUBJECT CODE: JVN
URL:
High Speed Access Corp. Reports First Quarter Results HSA Reports Revenue Growth of 567% Over First Quarter 1999; Residential Cable Modem Subscribers Increase to 26,000
DENVER, May 3, 2000 /PRNewswire via COMTEX/ -- High Speed Access Corp. (Nasdaq:
HSAC), a leading broadband services provider to residential and commercial
subscribers, today announced net revenue of $1,994,000 for the first quarter
ended March 31, 2000, an increase of 567% over net revenue of $299,000 generated
for the first quarter ended March 31, 1999.
HSA`s residential cable modem subscribers increased 61.5% from 16,099 at
December 31, 1999 to 26,000 at the end of the first quarter. As of March 31,
2000, HSA and its cable partners are now deployed to deliver high-speed Internet
access to approximately 2.3 million homes passed. As of March 31, 2000, HSA had
the right to offer services to more than 2.1 million homes passed under
contracts or letters of intent.
These totals do not include five million homes passed under an April 13, 2000
agreement in principle with Charter Communications. Under that five-year
agreement, Charter will leverage HSA`s capabilities as a broadband ISP for
platform and connectivity services for five million additional homes passed. The
new agreement supplements the 1999 full turnkey agreement between Charter and
HSA wherein Charter committed a minimum of 750,000 homes to HSA for deployment
of Charter Pipeline(R).
Dec. 31 Mar. 31
1999 2000
Homes undercontract or
letter of intent 2,000,000 2,165,000(a)
Homes deployed 1,900,000 2,291,000
Subscribers:
Residential 16,099 26,000
Commercial 685 781
Dial up 6,648 7,979
(a) Excludes homes deployed under interim agreements with Charter
Communications.
"We begin 2000 with a solid foundation for continued growth," said Dan O`Brien,
President and CEO of HSA. "HSA continues to recruit new cable partners and
continues to expand its footprint with current affiliates including Charter
Communications and many others. In April, we were proud to announce a new
five-million home agreement in principle with Charter Communications which will
leverage HSA`s capabilities as a leading broadband platform while utilizing the
resources of a larger system operator. We believe this "Network Services"
business model designed for Charter will prove to be attractive to other large
cable operators, since it offers cost-effective, flexible and customizable
business solutions for the delivery of the full range of IP services. The
Network Services model is especially attractive for HSA in that it will allow us
to scale our resources more effectively across a wider range of markets. This
will enable our cable partners more flexibility in marketing and pricing with
little or no impact on HSA`s bottom line."
HSA also developed a multiple-ISP-over-cable business model that will position
the company to take full advantage of an open access environment. In early
February, Insight Communications, which serves approximately 85,000 customers in
the Columbus, Ohio area, selected HSA to support its delivery of Road Runner
Internet services to area residents. The strategic relationship called for HSA
to provide sales, installation, provisioning, local content and tier one
customer care for Insight`s broadband Internet customers. This illustrates one
of the options available to ISPs for working together on the same local
broadband network.
Mr. O`Brien added, "Also during the quarter, HSA continued to invest in building
a national, high-quality infrastructure, both to serve our existing cable
partners, and to prepare for what we believe will be a rapid roll-out of
fully-integrated video, voice and data services over the next several years. In
February, we announced that we will be opening a 500-seat national customer
contact facility in Louisville, Kentucky. We believe that customer focus will be
a key value driver in the burgeoning broadband environment, especially as HSA
ramps up its commitment to cable modem and DSL commercial customers, Internet
telephony and content."
The net loss available to common stockholders for the quarter was $27.7 million,
or 51 cents per share, compared with a net loss available to common stockholders
of $113.8 million, or $18.35 per share, for the quarter ended March 31, 1999.
(See Attached Unaudited Condensed Consolidated Statements of Operations)
The net loss before certain non-cash charges for the current quarter was $27.2
million, or a pro forma net loss before non-cash charges of 50 cents per share.
This compares with a net loss of $6.3 million before non-cash charges for the
quarter ended March 31, 1999 or a pro forma net loss before non-cash charges of
21 cents per share.
Non-cash charges for the first quarter of 2000 included $24,000 of non-cash
compensation expense from the issuance of stock options, $225,000 for the
amortization of distribution agreement costs and $276,000 of amortization of
goodwill and other intangible assets. Non-cash charges for the amortization of
distribution agreement costs during the quarter related to the issuance of
warrants to strategic partners. From time to time, HSA will incur these charges
as strategic partners earn the right to purchase additional shares and HSA is
provided with additional homes passed. For the first quarter of 1999, non-cash
charges included $1.5 million of non-cash compensation expense from the issuance
of stock options and $239,000 for the amortization of goodwill and other
intangible assets.
About High Speed Access Corp.
High Speed Access Corp. (www.hsacorp.net) is a leading provider of broadband
services to residential and commercial subscribers. The company believes that it
provides the most comprehensive turnkey solution available to the cable
operator. Its service enables subscribers to receive Internet access at speeds
substantially faster than traditional Internet access at minimal cost to the
cable operator. High Speed Access Corp. enters into long term contracts with
cable operators to provide them with the company`s services. For more
information, please visit the company`s web site at www.hsacorp.net.
This press release contains statements about future events and expectations
regarding HSA ("we" or "our"), which are "forward-looking statements." Any
statement we make in this press release that is not a statement of historical
fact may be deemed to be a forward-looking statement that involves known and
unknown risks, uncertainties and other factors which may cause our actual
results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such risks and factors include, but are not limited
to: our unproven and evolving business model; our history of losses and
anticipation of future losses and need for additional capital; potential
fluctuations in our operating results; our competition; our potential inability
to attract and retain end users; our potential inability to establish or
maintain relationships with cable operators, including Charter Communications,
Inc.; and those risks and uncertainties we discussed in filings made with the
Securities and Exchange Commission.
High Speed Access Corp.
Condensed Consolidated Statements of Operations
For the three months ended March 31, 2000 and 1999
(Dollars in thousands, except per share data)
Unaudited
2000 1999
Net revenue $1,994 $299
Costs and expenses:
Operating 15,946 2,123
Engineering 4,912 1,485
Sales and marketing 6,216 2,038
General and administrative
(excluding non-cash
compensation expense from
stock options) 4,033 1,286
Non-cash compensation expense
from stock options 24 1,523
Amortization of distribution
agreement costs 225 --
Total costs and expenses 31,356 8,455
Loss from operations (29,362) (8,156)
Investment income 2,125 144
Interest expense (490) (25)
Net loss (27,727) (8,037)
Mandatorily redeemable
convertible preferred
stock dividends -- (518)
Accretion to redemption value
of mandatorily redeemable
convertible preferred stock -- (105,232)
Net loss available to
common stockholders $(27,727) $(113,787)
Basic and diluted net
loss available to
common stockholders
per share $(0.51) $(18.35)
Weighted average shares
used in computation
of basic and diluted
net loss available to
common stockholders
per share 54,329,031 6,200,000
Supplemental Information:
Net loss before non-cash
charges:
Net loss including
non-cash charges $(27,727) $(8,037)
Non-cash charges:
Compensation expense
from stock options 24 1,523
Amortization of distribution
agreement costs 225 --
Amortization of intangible
assets 276 239
Net loss before non-cash
charges $(27,202) $(6,275)
Pro forma basic and diluted
net loss before non-cash
charges $(0.50) $(0.21)
Weighted average shares used
in computation of pro
forma basic and diluted
net loss before
non-cash charges 54,329,031 29,450,000(1)
(1) Assumes conversion of mandatorily redeemable convertible preferred
stock into common stock at the beginning of the period or at issuance,
whichever is earlier.
SOURCE High Speed Access Corp.
(C) 2000 PR Newswire. All rights reserved.
http://www.prnewswire.com
CONTACT: investor, Stephen Calk, VP of Investor Relations,
303-256-2091, scalk@hsacorp.net, or media, Katina Vlahadamis, Director of
Media Relations, 303-256-2018, kvlahadamis@hsacorp.net, both of of High Speed
Access Corp.
KEYWORD: Colorado
INDUSTRY KEYWORD: TLS
SUBJECT CODE: ERN
URL: http://www.hsacorp.net
MfG
Moneymonster
Erinnert sich noch jemand an High Speed Access?HSAC wurde letztes Jahr von Stockworld und Steve Harmon(Zitat:der Topwert der Kommenden Jahre)empfohlen.In den letzten Monaten wurde HSAC allerdings stark unter Druck gesetzt und verlor viel an Wert.Es gab in dieser Zeit allerdings auch nichts an kursbewegenden Meldungen.Ich glaube es ist aber nun soweit,daß man sich mit diesem Wert etwas näher beschäftigen sollte.In der nächsten Zeit werden die Kurse
wieder anziehen,da bin ich mir sicher.HSAC erwachen langsam
aus ihrer Lethargie.Schaut Euch den Wert mal an.
High Speed Access schlägt Schätzungen
Der Betreiber eines Breitband-Netzwerkes High Speed Access (Ticker: HSAC) lag im abgelaufenen ersten Quartal mit einem Verlust von 27,7 Mio. Dollar - oder 51 Cents je Anteilsschein - 2 Cents unter den Prognosen des Marktes. Der Umsatz stieg im Vorjahresvergleich um 567 Prozent auf 2 Mio. Dollar.
High Speed Access Corp. Initiates Up To $100 Million Cable IP Telephony Rollout With Lucent Technologies
DENVER, May 3, 2000 /PRNewswire via COMTEX/ -- High Speed Access Corp. (Nasdaq:
HSAC), a leading provider of broadband services in residential and commercial
markets, today announced that it intends to deploy and offer Internet protocol
(IP) telephone service over selected cable TV networks across the United States.
As part of its strategy, HSA announced an agreement with Lucent Technologies
(NYSE: LU) under which Lucent will provide network equipment, software and other
services valued at up to $100 million.
HSA plans to initially offer local and long-distance telephone service to
residential and business customers using Lucent`s CableConnect(SM) Solutions
including equipment based on DOCSIS, an industry-wide specification for
delivering real-time services such as IP telephony over two-way cable networks.
In addition to providing equipment under the three-year agreement, Lucent will
also be arranging third-party equipment financing and make an equity investment
in HSA. Lucent and HSA will also work together on future generations of cable IP
telephony equipment and software.
In December 1999, HSA and a cable partner began testing DOCSIS-compliant cable
IP telephony systems in Georgia. As these trials have progressed, HSA has been
developing a coast-to-coast rollout strategy. HSA currently provides broadband
Internet access via cable modem in 137 communities nationwide and is adding
additional systems on a weekly basis. HSA has over 7.5 million cable homes under
contract or letter of intent with more than 45 different cable partners. HSA
expects to begin commercial deployments of cable IP telephony service in the
third quarter of this year.
"We are thrilled to be working with Lucent on the launch of our voice service
that will allow us to offer a bundled package of video, voice and data, plus
next generation IP services," said Dan O`Brien, HSA president and CEO. "Voice
service represents a multi-billion dollar incremental market opportunity for
cable operators. This offering not only gives us a competitive telephone service
with high-demand features such as call waiting and caller ID, but also the
billing and operations software and network services that make it a turnkey
solution for our MSO partners."
"Providing high-quality telephone service over cable networks requires more than
a single piece of equipment, it takes the whole network, and that`s what we`re
delivering to HSA," said Tim Gropp, Lucent sales vice president for cable
communications. "HSA is taking a leading role in deploying IP services with this
commitment to cable IP telephony."
About High Speed Access Corp.
High Speed Access Corp., headquartered in Denver, Colo., is a leading provider
of high speed Internet access via cable modems to residential and commercial end
users. The company believes that it provides the most comprehensive turnkey
solution available to the cable operator. Its service enables subscribers to
receive Internet access at speeds substantially faster than traditional Internet
access at minimal cost to the cable operator. HSA enters into long term
contracts with cable operators to provide them with the access service it
provides to the cable partner and its subscribers. For more information on HSA,
visit its Web site at .
About Lucent Technologies
Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and
delivers the systems, software, silicon and services for next-generation
communications networks for service providers and enterprises. Backed by the
research and development of Bell Labs, Lucent focuses on high-growth areas such
as optical and wireless networks; Internet infrastructure; communications
software; communications semiconductors and optoelectronics; Web-based
enterprise solutions that link private and public networks; and professional
network design and consulting services. For more information on Lucent
Technologies, visit its Web site at .
This press release contains statements about future events and expectations,
which are "forward-looking statements." Any statement in this press release that
is not a statement of historical fact may be deemed to be a forward-looking
statement. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the High Speed Access Corp.`s
actual results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Specific factors that might cause such a difference
include, but are not limited to: the company`s unproven and evolving business
model; the rapid technological changes and evolving industry standards in the
markets for our services; the company`s history of losses and anticipation of
future losses and need for additional capital; the potential fluctuations in the
company`s operating results; the company`s competition; the company`s potential
inability to attract and retain end users; the company`s potential inability to
establish or maintain relationships with cable operators, including Charter; and
those risks and uncertainties discussed in filings made by the company with the
Securities and Exchange Commission, including those risks and uncertainties
contained under the heading "Risk Factors" in the company`s most recent
quarterly report on Form 10-Q as filed with the Securities and Exchange
Commission.
SOURCE High Speed Access Corp.
(C) 2000 PR Newswire. All rights reserved.
CONTACT: Media: Katina Vlahadamis, Director of Media Relations,
303-256-2018, kvlahadamis@hsacorp.net or Investors: Stephen Calk,
Vice President of Investor Relations, 303-256-2091, scalk@hsacorp.net, both of
High Speed Access Corp.; or Doug Broad, 908-559-7520, dbroad@lucent.com, or
Ed Beltram, 303-290-2453, ebeltram@lucent.com, both of Lucent Technologies
KEYWORD: Colorado
New Jersey
INDUSTRY KEYWORD: MLM
TLS
SUBJECT CODE: JVN
URL:
High Speed Access Corp. Reports First Quarter Results HSA Reports Revenue Growth of 567% Over First Quarter 1999; Residential Cable Modem Subscribers Increase to 26,000
DENVER, May 3, 2000 /PRNewswire via COMTEX/ -- High Speed Access Corp. (Nasdaq:
HSAC), a leading broadband services provider to residential and commercial
subscribers, today announced net revenue of $1,994,000 for the first quarter
ended March 31, 2000, an increase of 567% over net revenue of $299,000 generated
for the first quarter ended March 31, 1999.
HSA`s residential cable modem subscribers increased 61.5% from 16,099 at
December 31, 1999 to 26,000 at the end of the first quarter. As of March 31,
2000, HSA and its cable partners are now deployed to deliver high-speed Internet
access to approximately 2.3 million homes passed. As of March 31, 2000, HSA had
the right to offer services to more than 2.1 million homes passed under
contracts or letters of intent.
These totals do not include five million homes passed under an April 13, 2000
agreement in principle with Charter Communications. Under that five-year
agreement, Charter will leverage HSA`s capabilities as a broadband ISP for
platform and connectivity services for five million additional homes passed. The
new agreement supplements the 1999 full turnkey agreement between Charter and
HSA wherein Charter committed a minimum of 750,000 homes to HSA for deployment
of Charter Pipeline(R).
Dec. 31 Mar. 31
1999 2000
Homes undercontract or
letter of intent 2,000,000 2,165,000(a)
Homes deployed 1,900,000 2,291,000
Subscribers:
Residential 16,099 26,000
Commercial 685 781
Dial up 6,648 7,979
(a) Excludes homes deployed under interim agreements with Charter
Communications.
"We begin 2000 with a solid foundation for continued growth," said Dan O`Brien,
President and CEO of HSA. "HSA continues to recruit new cable partners and
continues to expand its footprint with current affiliates including Charter
Communications and many others. In April, we were proud to announce a new
five-million home agreement in principle with Charter Communications which will
leverage HSA`s capabilities as a leading broadband platform while utilizing the
resources of a larger system operator. We believe this "Network Services"
business model designed for Charter will prove to be attractive to other large
cable operators, since it offers cost-effective, flexible and customizable
business solutions for the delivery of the full range of IP services. The
Network Services model is especially attractive for HSA in that it will allow us
to scale our resources more effectively across a wider range of markets. This
will enable our cable partners more flexibility in marketing and pricing with
little or no impact on HSA`s bottom line."
HSA also developed a multiple-ISP-over-cable business model that will position
the company to take full advantage of an open access environment. In early
February, Insight Communications, which serves approximately 85,000 customers in
the Columbus, Ohio area, selected HSA to support its delivery of Road Runner
Internet services to area residents. The strategic relationship called for HSA
to provide sales, installation, provisioning, local content and tier one
customer care for Insight`s broadband Internet customers. This illustrates one
of the options available to ISPs for working together on the same local
broadband network.
Mr. O`Brien added, "Also during the quarter, HSA continued to invest in building
a national, high-quality infrastructure, both to serve our existing cable
partners, and to prepare for what we believe will be a rapid roll-out of
fully-integrated video, voice and data services over the next several years. In
February, we announced that we will be opening a 500-seat national customer
contact facility in Louisville, Kentucky. We believe that customer focus will be
a key value driver in the burgeoning broadband environment, especially as HSA
ramps up its commitment to cable modem and DSL commercial customers, Internet
telephony and content."
The net loss available to common stockholders for the quarter was $27.7 million,
or 51 cents per share, compared with a net loss available to common stockholders
of $113.8 million, or $18.35 per share, for the quarter ended March 31, 1999.
(See Attached Unaudited Condensed Consolidated Statements of Operations)
The net loss before certain non-cash charges for the current quarter was $27.2
million, or a pro forma net loss before non-cash charges of 50 cents per share.
This compares with a net loss of $6.3 million before non-cash charges for the
quarter ended March 31, 1999 or a pro forma net loss before non-cash charges of
21 cents per share.
Non-cash charges for the first quarter of 2000 included $24,000 of non-cash
compensation expense from the issuance of stock options, $225,000 for the
amortization of distribution agreement costs and $276,000 of amortization of
goodwill and other intangible assets. Non-cash charges for the amortization of
distribution agreement costs during the quarter related to the issuance of
warrants to strategic partners. From time to time, HSA will incur these charges
as strategic partners earn the right to purchase additional shares and HSA is
provided with additional homes passed. For the first quarter of 1999, non-cash
charges included $1.5 million of non-cash compensation expense from the issuance
of stock options and $239,000 for the amortization of goodwill and other
intangible assets.
About High Speed Access Corp.
High Speed Access Corp. (www.hsacorp.net) is a leading provider of broadband
services to residential and commercial subscribers. The company believes that it
provides the most comprehensive turnkey solution available to the cable
operator. Its service enables subscribers to receive Internet access at speeds
substantially faster than traditional Internet access at minimal cost to the
cable operator. High Speed Access Corp. enters into long term contracts with
cable operators to provide them with the company`s services. For more
information, please visit the company`s web site at www.hsacorp.net.
This press release contains statements about future events and expectations
regarding HSA ("we" or "our"), which are "forward-looking statements." Any
statement we make in this press release that is not a statement of historical
fact may be deemed to be a forward-looking statement that involves known and
unknown risks, uncertainties and other factors which may cause our actual
results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such risks and factors include, but are not limited
to: our unproven and evolving business model; our history of losses and
anticipation of future losses and need for additional capital; potential
fluctuations in our operating results; our competition; our potential inability
to attract and retain end users; our potential inability to establish or
maintain relationships with cable operators, including Charter Communications,
Inc.; and those risks and uncertainties we discussed in filings made with the
Securities and Exchange Commission.
High Speed Access Corp.
Condensed Consolidated Statements of Operations
For the three months ended March 31, 2000 and 1999
(Dollars in thousands, except per share data)
Unaudited
2000 1999
Net revenue $1,994 $299
Costs and expenses:
Operating 15,946 2,123
Engineering 4,912 1,485
Sales and marketing 6,216 2,038
General and administrative
(excluding non-cash
compensation expense from
stock options) 4,033 1,286
Non-cash compensation expense
from stock options 24 1,523
Amortization of distribution
agreement costs 225 --
Total costs and expenses 31,356 8,455
Loss from operations (29,362) (8,156)
Investment income 2,125 144
Interest expense (490) (25)
Net loss (27,727) (8,037)
Mandatorily redeemable
convertible preferred
stock dividends -- (518)
Accretion to redemption value
of mandatorily redeemable
convertible preferred stock -- (105,232)
Net loss available to
common stockholders $(27,727) $(113,787)
Basic and diluted net
loss available to
common stockholders
per share $(0.51) $(18.35)
Weighted average shares
used in computation
of basic and diluted
net loss available to
common stockholders
per share 54,329,031 6,200,000
Supplemental Information:
Net loss before non-cash
charges:
Net loss including
non-cash charges $(27,727) $(8,037)
Non-cash charges:
Compensation expense
from stock options 24 1,523
Amortization of distribution
agreement costs 225 --
Amortization of intangible
assets 276 239
Net loss before non-cash
charges $(27,202) $(6,275)
Pro forma basic and diluted
net loss before non-cash
charges $(0.50) $(0.21)
Weighted average shares used
in computation of pro
forma basic and diluted
net loss before
non-cash charges 54,329,031 29,450,000(1)
(1) Assumes conversion of mandatorily redeemable convertible preferred
stock into common stock at the beginning of the period or at issuance,
whichever is earlier.
SOURCE High Speed Access Corp.
(C) 2000 PR Newswire. All rights reserved.
http://www.prnewswire.com
CONTACT: investor, Stephen Calk, VP of Investor Relations,
303-256-2091, scalk@hsacorp.net, or media, Katina Vlahadamis, Director of
Media Relations, 303-256-2018, kvlahadamis@hsacorp.net, both of of High Speed
Access Corp.
KEYWORD: Colorado
INDUSTRY KEYWORD: TLS
SUBJECT CODE: ERN
URL: http://www.hsacorp.net
MfG
Moneymonster
Hi
Schaut euch mal HSAC an.Letzte Woche noch bei 4,15$,heute bei 8,75$.
Und das alles bei hohen Umsätzen.
Mfg
Moneymonster
Schaut euch mal HSAC an.Letzte Woche noch bei 4,15$,heute bei 8,75$.
Und das alles bei hohen Umsätzen.
Mfg
Moneymonster
Hi
mein Posting ist weg.Dann halt nochmal....
HSAC stand letzte Woche noch bei 4,15$,heute 8,75$.
Steigt seit 3Tagen bei hohen Umsätzen.
Schauts euch mal an,hab zu mehr leider keine Zeit muß weg.
MfG
Moneymonster
mein Posting ist weg.Dann halt nochmal....
HSAC stand letzte Woche noch bei 4,15$,heute 8,75$.
Steigt seit 3Tagen bei hohen Umsätzen.
Schauts euch mal an,hab zu mehr leider keine Zeit muß weg.
MfG
Moneymonster
Beitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Meistdiskutiert
Wertpapier | Beiträge | |
---|---|---|
209 | ||
102 | ||
100 | ||
62 | ||
54 | ||
39 | ||
38 | ||
33 | ||
33 | ||
28 |
Wertpapier | Beiträge | |
---|---|---|
28 | ||
25 | ||
25 | ||
20 | ||
16 | ||
14 | ||
12 | ||
10 | ||
10 | ||
9 |