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*TOP NEWS* Technology, Media and Telecoms (Reuters) -- 7:06 AM EDT
*TOP NEWS* Technology, Media and Telecoms (Reuters) -- 6:29 AM EDT
*TOP NEWS* Technology, Media and Telecoms (Reuters) -- 5:56 AM EDT
UPDATE 1-Ebookers shares surge as Q3 sales soar (Reuters) -- 5:08 AM EDT
Ebookers Q3 sales up 300 percent (Reuters) -- 2:31 AM EDT
ebookers.com Announces Better than Expected Q3 Growth0Q3 2000 Sales 303% Ahead of Q3 1999 Sales ebookers.com Reiterates Cash Flow Positive Target -- 1:42 AM EDT


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UPDATE 1-Ebookers shares surge as Q3 sales soar -- 5:08 AM EDT


(Adds interview with CEO, share price)
By Sudip Kar-Gupta
LONDON, Oct 16 (Reuters) - Ebookers.com shares
rose sharply in Frankfurt on Monday as the European online
travel agency said third quarter sales rose more than three-fold
from the same period a year ago.
London-based ebookers said its third quarter sales of $32.6
million were 16 percent ahead of market forecasts. The group
added that its loss per share of 4.5 cents in the quarter was 11
percent better than consensus market estimates.
Ebookers had over 740,000 registered users at the end of the
third quarter, up from 500,000 at the end of the second, and 7.5
million site visits in the quarter.
Shares rose as much as 34 percent to 10 euros ($8.54) on the
Frankfurt Neuer Markt, before paring gains to trade at 8.50
euros by 0901 GMT. Ebookers, which is also listed on Nasdaq, has
a market value of around 106 million pounds ($153.3 million),
according to Reuters data.
However, the stock is still languishing more than 80 percent
below its lifetime high of 46.30 euros posted in March.
Shares suffered around July following speculation that
ebookers had cash difficulties, and have also been hit by market
instability on the U.S. Nasdaq index.
The company raised $45 million in July to keep its cash flow
positive. Ebookers said on Monday it was still on track to reach
this target by the fourth quarter of 2001.
EBOOKERS CEO WOULD CONSIDER ALLIANCES
Ebookers Chief Executive Dinesh Dhamija said recent negative
investor sentiment towards technology stocks was "obviously
disheartening," and that he would consider alliances that might
make the firm reach profitability sooner than expected.
"If we get an alliance, where we think one plus one equals
three, we`ll do it," he said in an interview.
Dhamija added that ebookers was considering moving into
either Portugal or Italy. The group already operates in 11
European countries.
Dhamija is keen on Italy because he feels it has a large
online market, and was targeting Portugal because of its tourist
connections with Brazil.
He said any acquisition would be in the region of $1.5
million, and would be funded out of its existing cashpile of
$51.4 million. Dhamija said the firm had looked at three Italian
companies in the last nine months, but had eventually decided
against a takeover.
Ebookers bought its parent company Flightbookers for about
$15 million earlier this month. The company has also set up a
financial services web site called ebookersfinance.com.
((additional reporting by Frankfurt Newsroom +49 69 7565 1272,
frankfurt.newsroom@reuters.com))
((Sudip Kar-Gupta, London newsroom, +44 20 7542 4020, fax
+44 20 7583 3769, uk.equities.news@reuters.com))
($1=1.171 Euro)
($1=.6914 Pound)
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Ebookers Q3 sales up 300 percent -- 2:31 AM EDT


FRANKFURT, Oct 16 (Reuters) - European online travel
company ebookers.com said on Monday third
quarter consolidated sales rose to $32.6 million, up over 300
percent on the same period a year ago.
The company also had a loss per share of 4.5 cents in the
quarter, which it said was 11 percent better than consensus
market estimates.
The stock, which rallied 24 percent to 7.46 euros on
Friday, is still languishing over 80 percent below its lifetime
high of 46.30 euros posted in March.
London-based Ebookers, listed on Frankfurt`s Neuer Markt
and the U.S. Nasdaq, said last week it planned to buy British
travel company Flightbookers Plc for $15 million. In September
it moved into financial services via an agreement with British
portal moneygator.com.
Ebookers.com said it had over 740,000 registered users at
the end of the third quarter, up from 500,000 at the end of the
second, and over 7.5 million site visits in the quarter.
((--Frankfurt Newsroom +49 69 7565 1272,
frankfurt.newsroom@reuters.com))

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Hört sich ja nicht schlecht an!!!!!!!!!
In einer halben Stunde gibts die ersten vorbörslichen Kurse!!!!! Hoffentlich 2-stellige Kurse!!!!!!!!! Bitte!


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