Razorfish - Morgen Kursfeuerwerk?! - 500 Beiträge pro Seite

[fsch]

Erwartet wurden: $ 0,21 Verlust/Aktie

[Triceratops]

Was war den das Ergebnis, habe noch keine Nachrichten

[fsch]

@Triceratops,

habe auch noch kein Ergebnis.

Bis 23:00 Uhr sollte es raus sein.

Grüße, fs

[nasdy]

Pressekonferenz hat erst um 23:30 begonnen.

[fsch]

@nasdy,

ich dachte, die sei auf 23:45 Uhr verschoben?!

Grüße, fs

[lesa]

@fsch Und was ist mit den 5 Gerichtsverfahren wegen falscher ad-Hoc und Insiderbetrug, die gegen Razorfish laufen?

[Triceratops]

@fsch
Na, bei Razorfish kann mich nichts mehr schocken, dehalb kann ich noch entspannt warten. Meinen Einstiegskurs werden höchstens meine Enkel nochmals sehen. Bist Du auch investiert ?

[fsch]

$0,20 Verlust/Aktie

[fsch]

@lesa,

die interessieren keinen. Dienten nur dazu, den Kurs zu drücken.

@Tricera,

natürlich bin ich investiert.

Grüße, fs

[fsch]

Razorfish Reports 2000 Results Meets Revised Expectations Released in December 2000; Revenue Grows 57% AnnuallyStrengthens Board of Directors with Bo Dimert and Peter Lund


NEW YORK, Feb 8, 2001 (BUSINESS WIRE) -- Razorfish, Inc. (NASDAQ: RAZF), the
global digital solutions provider, today reported results for the year ended
December 31, 2000.

Revenues for the year ended December 31, 2000 were a record $267.9 million, a
57% increase over revenues of $170.2 million for the year ended December 31,
1999. Pro forma net loss (before amortization of intangibles and non-recurring
expenses) for the year was ($5.2 million) or ($0.06) per share compared to pro
forma net income of $19.0 million or $0.23 per share for the year ended December
31, 1999.

For the quarter ended December 31, 2000, revenues were $50.1 million, a 5%
decrease from revenues of $52.7 million for the fourth quarter 1999. Pro forma
net loss (before amortization of intangibles and non-recurring expenses) for the
fourth quarter 2000 was ($19.8 million) or ($0.20) per share. This compares to
pro forma net income of $5.8 million or $0.06 per share for the fourth quarter
1999.

"We have continued to build and align our business to face the challenges of a
year filled with rapid change. While we reflect on our first unprofitable
quarter, we continue to execute our strategy to develop and deliver digital
solutions, " said Jeff Dachis, chief executive officer. "We are confident our
strong brand and service offering is designed to bring high returns on
investment for our clients."

Highlights from 2000 - a year filled with growth and accomplishment:


Clients

- Razorfish added some key new clients during the year:
Fidelity, Ford, Cisco, Dupont, Nissan-Europe, Hypovereinsbank,
3Com, Sony

- Extended existing client relationships: State Street, Sharp,
Guardian, Charles Schwab, NatWest

Vertical Focus

- Concentration on five key industry verticals to maximize
expertise: financial services, technology and
telecommunications, media and entertainment, manufacturing,
and healthcare

Global Expansion

- Total of 15 offices in nine countries

- New offices opened: Munich, Milan, Tokyo

Technology Partnerships/Alliances

- Razorfish entered into joint market development agreements
with Sun Microsystems, Intel, SAP, BEA, Oracle, Palm, and
Siebel. The agreements provide for mutual referral of products
and services, sales support and training and product
evaluation.

Management Additions

- New members to the Board of Directors: Bo Dimert, formerly
President and CEO of Ericson, Inc. and Peter Lund, CEO of
Dreamlife, Inc. formerly CEO, CBS, Inc and President and CEO,
CBS Television and Cable

- John Roberts, CFO, formerly a partner at
PricewaterhouseCoopers

- Joy Maguire, VP of Wireless and Mobility Solutions for North
America, formerly of Mitsubishi

- Michael Parker, VP of Healthcare for North America, formerly
of KPMG

- Bob Lord as EVP of North America, formerly VP of corporate
alliances at Pretzel Logic Software and COO, Prism Rehab
Systems

- Clayton Hubner, EVP of Infrastructure, formerly of performance
and business systems integration leader for Applied Power Inc.

Special Recognitions

- Forbes ranks Razorfish one of "300 best small companies"

- Forbes ranks Razorfish "No.1 Fastest Growing Company over a
five year period"

- Deloitte & Touche`s Fast 500 ranks Razorfish "No.4 Fastest
Growing technology company in North America"

- Silicon Alley Reporter ranks Razorfish "No.4 of Silicon
Alley`s top 100 companies"

Other Highlights

- Razorfish`s Board of Directors approved a 5 million share
stock repurchase plan.

- Razorfish Ventures made strategic investments: Cambridge
Silicon Radio and Artesia Technologies

- Litigation: Advised on January 23, 2001 that the court will be
granting our summary judgement motion in the legal action
entitled Michael Block vs. Razorfish, et al. This victory
confirms our view that the case presented no genuine issue of
material fact and that, as a matter of law, Razorfish was
entitled to prevail.

Conference Call

To access the earnings release conference call over the Internet, please log on
to www.razorfish.com under "Investor" or www.vcall.com on Thursday, February 8,
2001 at 5:30 p.m. Eastern Time. It is advised that you log on at least fifteen
minutes prior to the call to register, download, and install any necessary audio
software. A rebroadcast of the call will be archived at www.razorfish.com under
"Investor" or at www.vcall.com.


About Razorfish:

Founded in 1995, Razorfish is a global digital solutions provider. Razorfish
helps clients discover, create, and implement business solutions by leveraging
digital technologies across platforms, networks, and devices. From business and
brand strategy to system integration, Razorfish provides clients with
opportunities to increase revenues, enhance productivity, and maximize
competitive advantage. With offices in Amsterdam, Boston, Frankfurt, Hamburg,
Helsinki, Los Angeles, London, Milan, Munich, New York, Oslo, San Francisco,
Silicon Valley, Stockholm, and Tokyo, Razorfish employs more than 1,500 people
and is headquartered in New York. For more information visit: www.razorfish.com.

Forward-Looking Statement Disclaimer

Safe Harbor Statements under the Private Securities Litigation Reform Act of
1995

This release contains, in addition to historical information, forward-looking
statements, including, but not limited to, the results of operations for the
quarter ended December 31, 2000. We use words like "anticipates", "believes",
"plans", "intends", "expects", "future" and similar expressions to identify
forward looking statements. Forward-looking statements are subject by their
nature to risks and uncertainties, and actual results could differ materially
from those set forth in the forward-looking statements. Typical risks and
uncertainties include, but are not limited to, those related to the number and
size of projects completed in a given period, integration of acquisitions,
international and domestic economic conditions including, without limitation,
interest rate and currency exchange rate fluctuations, changes in competition,
and other factors described from time to time in Razorfish`s reports filed with
the Securities Exchange Commission. In addition, we draw your attention to risk
factors identified by Razorfish`s 1999 form 10-KA filed with the Securities
Exchange Commission on April 5, 2000. Any forward-looking statements are made
pursuant to the Private Securities Litigation Reform Act of 1995 and, as such,
speak only as of the date made. The Company is not undertaking to update any
information in the foregoing reports until the effective date of its future
reports required by the securities laws.


Razorfish, Inc.

CONSOLIDATED STATEMENTS OF INCOME

(in thousands,
except per share amounts) Three Months Ended Year Ended
(unaudited) December 31 December 31

1999 2000 1999 2000

Revenues $52,705 $ 50,103 $ 170,179 $ 267,857
Project personnel 24,536 40,048 81,042 147,936
Gross profit 28,169 10,055 89,137 119,921
Sales and marketing 3,986 7,263 12,567 22,450
General and
administrative 15,739 36,462 48,508 109,705

Total ordinary
operating expenses 19,725 43,725 61,075 132,155

Income from ordinary
operations 8,444 (33,670) 28,062 (12,234)

Impairment loss - 126,000 - 126,000
Restructuring Charges - 2,416 - 2,416
Merger related costs 21,121 - 24,566 -
Non-cash
compensation expense 27 - 189 -
Amortization of
intangibles 1,003 2,409 3,532 8,876

Income from operations (13,707) (164,495) (225) (149,526)
Other income, net 1,169 591 3,753 3,550

Income before
income taxes (12,538) (163,904) 3,528 (145,976)

Provision for
income taxes 10,474 (5,879) 18,060 2,874

Net income (loss) $(23,012) $ (158,025) $ (14,532) $(148,850)


Net income per share
Basic $ (0.27) $ (1.63) $ (0.17) $ (1.59)
Diluted $ (0.27) $ (1.63) $ (0.17) $ (1.59)

Weighted average
shares outstanding
Basic 85,348 97,098 83,129 93,708
Diluted 85,348 97,098 83,129 93,708


Pro forma data: (a)

Income before
income taxes $(12,538) $ (163,904) $ 3,528 $(145,976)

Impairment loss - 126,000 - 126,000

Restructuring Charges - 2,416 - 2,416

Merger related costs 21,121 - 24,566 -

Amortization of
intangibles 1,003 2,409 3,532 8,876

Pro forma income
before income taxes 9,586 (33,079) 31,626 (8,684)
Pro forma provision
for income taxes 3,834 (13,232) 12,651 (3,474)

Pro forma net
income (loss) $ 5,752 $ (19,847) $ 18,975 $(5,210)


Pro forma net
income per share $ 0.06 $ (0.20) $ 0.23 $ (0.06)

Weighted average
shares outstanding 94,385 97,098 83,129 93,708


(a) Pro forma data excludes the impairment loss, restructuring
charges, merger related costs and amortization of intangibles.
The pro forma provision for income taxes is calculated using a
40% tax rate. This data does not purport to be prepared in
accordance with Generally Accepted Accounting Principles.


CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)
(unaudited) December 31, December 31,
1999 2000

ASSETS
Current assets
Cash, cash equivalents,
and short-term investments $ 98,798 $ 51,483
Accounts and unbilled receivables 46,087 48,212
Other current assets 8,479 7,560

Total current assets 153,364 107,255

Net fixed assets 15,428 30,901
Other assets 82,798 70,799

Total assets $ 251,590 $ 208,955


LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities
Accounts payable and
accrued expenses 45,919 38,729
Current portion of
long-term obligations 682 114
Deferred revenues 2,464 1,928

Total current liabilities 49,065 40,771

Long-term obligations 4,172 2,033

Total liabilities 53,237 42,804

Stockholders` equity 198,353 166,151

Total liabilities
and stockholders` equity $ 251,590 $ 208,955

CONTACT: Investor Relations: Razorfish
Courtney Campbell, 212/798-6556, [e-mail]
David LaBar, 212/798-7941, [e-mail]

URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.



KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
INTERNET
NETWORKING
CONFERENCE
CALLS

[nasdy]

Razorfish Reports 2000 Results Meets Revised Expectations Released in December 2000; Revenue Grows 57% Annually


NEW YORK--Feb. 8, 2001--
Strengthens Board of Directors with Bo Dimert and Peter Lund

Razorfish, Inc. (NASDAQ: RAZF), the global digital solutions provider, today reported results for the year ended December 31, 2000.

Revenues for the year ended December 31, 2000 were a record $267.9 million, a 57% increase over revenues of $170.2 million for the year ended December 31, 1999. Pro forma net loss (before amortization of intangibles and non-recurring expenses) for the year was ($5.2 million) or ($0.06) per share compared to pro forma net income of $19.0 million or $0.23 per share for the year ended December 31, 1999.

For the quarter ended December 31, 2000, revenues were $50.1 million, a 5% decrease from revenues of $52.7 million for the fourth quarter 1999. Pro forma net loss (before amortization of intangibles and non-recurring expenses) for the fourth quarter 2000 was ($19.8 million) or ($0.20) per share. This compares to pro forma net income of $5.8 million or $0.06 per share for the fourth quarter 1999.

"We have continued to build and align our business to face the challenges of a year filled with rapid change. While we reflect on our first unprofitable quarter, we continue to execute our strategy to develop and deliver digital solutions, " said Jeff Dachis, chief executive officer. "We are confident our strong brand and service offering is designed to bring high returns on investment for our clients."

Highlights from 2000 - a year filled with growth and accomplishment:

Clients


- Razorfish added some key new clients during the year:
Fidelity, Ford, Cisco, Dupont, Nissan-Europe, Hypovereinsbank,
3Com, Sony

- Extended existing client relationships: State Street, Sharp,
Guardian, Charles Schwab, NatWest

Vertical Focus

- Concentration on five key industry verticals to maximize
expertise: financial services, technology and
telecommunications, media and entertainment, manufacturing,
and healthcare

Global Expansion

- Total of 15 offices in nine countries

- New offices opened: Munich, Milan, Tokyo

Technology Partnerships/Alliances

- Razorfish entered into joint market development agreements
with Sun Microsystems, Intel, SAP, BEA, Oracle, Palm, and
Siebel. The agreements provide for mutual referral of products
and services, sales support and training and product
evaluation.

Management Additions

- New members to the Board of Directors: Bo Dimert, formerly
President and CEO of Ericson, Inc. and Peter Lund, CEO of
Dreamlife, Inc. formerly CEO, CBS, Inc and President and CEO,
CBS Television and Cable

- John Roberts, CFO, formerly a partner at
PricewaterhouseCoopers

- Joy Maguire, VP of Wireless and Mobility Solutions for North
America, formerly of Mitsubishi

- Michael Parker, VP of Healthcare for North America, formerly
of KPMG

- Bob Lord as EVP of North America, formerly VP of corporate
alliances at Pretzel Logic Software and COO, Prism Rehab
Systems

- Clayton Hubner, EVP of Infrastructure, formerly of performance
and business systems integration leader for Applied Power Inc.

Special Recognitions

- Forbes ranks Razorfish one of "300 best small companies"

- Forbes ranks Razorfish "No.1 Fastest Growing Company over a
five year period"

- Deloitte & Touche`s Fast 500 ranks Razorfish "No.4 Fastest
Growing technology company in North America"

- Silicon Alley Reporter ranks Razorfish "No.4 of Silicon
Alley`s top 100 companies"

Other Highlights

- Razorfish`s Board of Directors approved a 5 million share
stock repurchase plan.

- Razorfish Ventures made strategic investments: Cambridge
Silicon Radio and Artesia Technologies

- Litigation: Advised on January 23, 2001 that the court will be
granting our summary judgement motion in the legal action
entitled Michael Block vs. Razorfish, et al. This victory
confirms our view that the case presented no genuine issue of
material fact and that, as a matter of law, Razorfish was
entitled to prevail.

Conference Call
To access the earnings release conference call over the Internet, please log on to www.razorfish.com under "Investor" or www.vcall.com on Thursday, February 8, 2001 at 5:30 p.m. Eastern Time. It is advised that you log on at least fifteen minutes prior to the call to register, download, and install any necessary audio software. A rebroadcast of the call will be archived at www.razorfish.com under "Investor" or at www.vcall.com.

About Razorfish:

Founded in 1995, Razorfish is a global digital solutions provider. Razorfish helps clients discover, create, and implement business solutions by leveraging digital technologies across platforms, networks, and devices. From business and brand strategy to system integration, Razorfish provides clients with opportunities to increase revenues, enhance productivity, and maximize competitive advantage. With offices in Amsterdam, Boston, Frankfurt, Hamburg, Helsinki, Los Angeles, London, Milan, Munich, New York, Oslo, San Francisco, Silicon Valley, Stockholm, and Tokyo, Razorfish employs more than 1,500 people and is headquartered in New York. For more information visit: www.razorfish.com.


Forward-Looking Statement Disclaimer
Safe Harbor Statements under the Private Securities Litigation
Reform Act of 1995
This release contains, in addition to historical information, forward-looking statements, including, but not limited to, the results of operations for the quarter ended December 31, 2000. We use words like "anticipates", "believes", "plans", "intends", "expects", "future" and similar expressions to identify forward looking statements. Forward-looking statements are subject by their nature to risks and uncertainties, and actual results could differ materially from those set forth in the forward-looking statements. Typical risks and uncertainties include, but are not limited to, those related to the number and size of projects completed in a given period, integration of acquisitions, international and domestic economic conditions including, without limitation, interest rate and currency exchange rate fluctuations, changes in competition, and other factors described from time to time in Razorfish`s reports filed with the Securities Exchange Commission. In addition, we draw your attention to risk factors identified by Razorfish`s 1999 form 10-KA filed with the Securities Exchange Commission on April 5, 2000. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.


Razorfish, Inc.

CONSOLIDATED STATEMENTS OF INCOME

(in thousands,
except per share amounts) Three Months Ended Year Ended
(unaudited) December 31 December 31

1999 2000 1999 2000

Revenues $52,705 $ 50,103 $ 170,179 $ 267,857
Project personnel 24,536 40,048 81,042 147,936
Gross profit 28,169 10,055 89,137 119,921
Sales and marketing 3,986 7,263 12,567 22,450
General and
administrative 15,739 36,462 48,508 109,705

Total ordinary
operating expenses 19,725 43,725 61,075 132,155

Income from ordinary
operations 8,444 (33,670) 28,062 (12,234)

Impairment loss - 126,000 - 126,000
Restructuring Charges - 2,416 - 2,416
Merger related costs 21,121 - 24,566 -
Non-cash
compensation expense 27 - 189 -
Amortization of
intangibles 1,003 2,409 3,532 8,876

Income from operations (13,707) (164,495) (225) (149,526)
Other income, net 1,169 591 3,753 3,550

Income before
income taxes (12,538) (163,904) 3,528 (145,976)

Provision for
income taxes 10,474 (5,879) 18,060 2,874

Net income (loss) $(23,012) $ (158,025) $ (14,532) $(148,850)


Net income per share
Basic $ (0.27) $ (1.63) $ (0.17) $ (1.59)
Diluted $ (0.27) $ (1.63) $ (0.17) $ (1.59)

Weighted average
shares outstanding
Basic 85,348 97,098 83,129 93,708
Diluted 85,348 97,098 83,129 93,708


Pro forma data: (a)

Income before
income taxes $(12,538) $ (163,904) $ 3,528 $(145,976)

Impairment loss - 126,000 - 126,000

Restructuring Charges - 2,416 - 2,416

Merger related costs 21,121 - 24,566 -

Amortization of
intangibles 1,003 2,409 3,532 8,876

Pro forma income
before income taxes 9,586 (33,079) 31,626 (8,684)
Pro forma provision
for income taxes 3,834 (13,232) 12,651 (3,474)

Pro forma net
income (loss) $ 5,752 $ (19,847) $ 18,975 $(5,210)


Pro forma net
income per share $ 0.06 $ (0.20) $ 0.23 $ (0.06)

Weighted average
shares outstanding 94,385 97,098 83,129 93,708


(a) Pro forma data excludes the impairment loss, restructuring
charges, merger related costs and amortization of intangibles.
The pro forma provision for income taxes is calculated using a
40% tax rate. This data does not purport to be prepared in
accordance with Generally Accepted Accounting Principles.


CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)
(unaudited) December 31, December 31,
1999 2000

ASSETS
Current assets
Cash, cash equivalents,
and short-term investments $ 98,798 $ 51,483
Accounts and unbilled receivables 46,087 48,212
Other current assets 8,479 7,560

Total current assets 153,364 107,255

Net fixed assets 15,428 30,901
Other assets 82,798 70,799

Total assets $ 251,590 $ 208,955


LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities
Accounts payable and
accrued expenses 45,919 38,729
Current portion of
long-term obligations 682 114
Deferred revenues 2,464 1,928

Total current liabilities 49,065 40,771

Long-term obligations 4,172 2,033

Total liabilities 53,237 42,804

Stockholders` equity 198,353 166,151

Total liabilities
and stockholders` equity $ 251,590 $ 208,955

CONTACT: Investor Relations: Razorfish
Courtney Campbell, 212/798-6556, [e-mail]
David LaBar, 212/798-7941, [e-mail]

[fsch]

Hoffentlich(!!!) hält sich der Kurs bis morgen unter $ 2.



p.s.:
Diese Kurse werden wir wohl in diesem Jahr nicht mehr wiedersehen (im positiven Sinn)...

[Körschgen]

@fsch:
Bin bei RAZF bei 15$ ausgestoppt worden. Die Kurse von 1,8$ wirst Du Ende des Jahres wirklich nicht mehr sehen, denn dann gibt es Razorfish nicht mehr.

[fsch]

@Körschgen,

genau. Bis Ende des Jahres wurden sie übernommen (für ca. $ 15/Aktie).

[jsb]

@körschgen

und woher du wissen, super-guru ?
echt tolles begründetes statement !

eben w:o niveau !

weiter so körschgen!


cu
jsb

p.s. habe 1250 zu 2,2 als depotbeimischung.
würde mich über 3-5 euro freuen. wenn nicht,
sch . . . egal.

p.p.s.
kpmg wird demnächst auf die bühne treten.
pi mal daumen vermute ich schlechte zeiten
für razf (hoffentlich bekommen sie ihren laden aber
doch noch hin - der kundenkreis ist ja erfreulich).

[Webboris]

nachbörsliche kurse lassen eher auf Kursfeuerwerk gen Süden deuten!
>Dann weiß ich ja auch,was morgen mit meinen KABEL NEW Media passiert...
cu Webbie

[fsch]

@Webboris,

glaubst Du, daß 190 gehandelte Aktien bei $ 1,68 die Richtung vorgeben?

[jsb]

@fsch

hmmm,

der razf-kurs wird doch in usa gemacht.
was die silly germans hier machen, ist den amis
doch wurscht. mir übrigens auch.

die frage ist: geht razf in die hose ?
und das durch amerikanische anleger !!!

die marktlage ist zum kotzen, die optimisten
werden immer weniger. wer jetzt noch drin ist,
hat nerven (ich frage mich heute, bei -10% von emc,
ob der nasdaq sich wieder an den lieben downtrend
erinnert - brrr ).

na, wie wär´s: nasdaq bei 1400 ?
1000 ? 700 ?

es ist verdammt spannend !

cu
jsb

[Harami]

09.02. 00:32
RAZF: Erster Verlust in Unternehmensgeschichte
--------------------------------------------------------------------------------
(©BörseGo - http://www.boerse-go.de)

Das Internetunternehmen Razorfish meldete heute nach Handelsschluß Zahlen für das vierte Quartal, die mit den zuvor gesenkten Erwartungen des Marktes zusammentrafen.

Der Umsatz ging im Vergleich zum Vorjahr von 52,7 Mio $ auf 50,1 Mio $ im vierten Quartal 2000 zurück.

Gleichzeitig wurde zum ersten Mal in der Geschichte des Unternehmens ein Verlust in einer Berichtsperiode ausgewiesen und zwar in Höhe von 19,8 Mio $ oder 20 Cents/Aktie.
12 Monate zuvor war noch ein Gewinn von 5,8 Mio $ erzielt worden.

Vor einigen Wochen hatte Razorfish in einer Gewinnwarnung die Prognosen des Marktes heruntergeschraubt.

Der Grund für die sehr schwachen Zahlen sei auf einen grundlegenden und schnellen Wandel in der Industrie und auf dem Markt, in dem sich Razorfish bewege, zurückzuführen.

Nachdem das Unternehmen während des Handelsverlaufs um über 15% gewinnen konnte, liegt man außerbörslich derzeit um über 10% im Minus.

[Bernardo]

Die Achterbahnfahrt geht weiter! Vor einer Stunde an der
Nasdaq noch +15% jetzt gerade -18%. Sind das short seller??

[fsch]

@Bernardo,

das sind spinnerte Marketmaker. Haben mir aber geholfen, nochmal günstig nachzulegen. Aktuell bei $ 1,625.



p.s.:
Ich bin zuversichtlich, daß Ratzfatz heute im Plus schließt.

[Körschgen]

EToys, CDNow, Infospace, Razorfish....

[ShareholderCGN]

eins steht fest: RAZF schliesst heute auf gar keinen Fall im Plus.

@ Körschgen

In welchem Zusammenhang stehen ETYS, CDNW, RAZF und INSP ???

Bei diesen Firmen gibt es keine Gemeinsamkeiten.

[Körschgen]

@Shareholder:
Deine erste Aussage ist natürlich richtig, aber die zweite leider nicht. Einfach die Charts übereinander legen und dann dürftest Du erkennen, dass Du es hier mit regelrechtem Internet-Schrott zutun hast. Die berühmten dot.coms eben, die in drei Jahren kein Schwein mehr kennen wird. Ich verstehe nicht, warum man nicht erkennen kann, wer am Internet wirklich verdient.
fsch ist zwar ein netter Kerl, aber er hat meistens die falschen Aktien obwohl ich ihn schon mehrfach von Rambus, Broadcom und anderen überzeugen wollte.

[Marciavelli]

Körschgen! Das ist ja schrecklich, immer wenn ich nach verprügelten Werten suche, muß ich sehen, daß Du schon da bist. Mußt Du eigentlich immer Deinen destruktiven Senf zu allem geben? Du scheinst ja echt keine Freunde zu haben oder irgendwie sexuell frustriert zu sein!

Nix für ungut und schönes Wochenende,

Marciavelli

[Montezuma]

Aha, Razorfish hat seine Homepage relaunscht! Sieht schon ein bisschen besser aus, als vorher. Neue Homepage, neues Spiel! Sollen jetzt bessere Zeiten kommen?

[ShareholderCGN]

Webseite nur noch in Englisch verfügbar, Kurs am verrecken.
Supi !!!!!

[Gricko]

Ich hab geglaubt, dass sich razf wieder fängt. Ich sollte aufhören zu glauben. Und mir seriöse Aktien ins Depot legen.
Vielleicht was aus´m Dax? Mal sehen. Auf jeden Fall bin ich froh, wenn ich die wieder los bin.

[Körschgen]

@Marciavelli:
Wieder mal persönlich werden, wenn es sachlich nicht geht, was? Schimmerlose wie Du werden an der Börse nie etwas verdienen, aber das ist auch gut so.

[Montezuma]

@ ShareholderCGN

Das mit der Sprache gibt sich noch. Kommt bestimmt in nächster Zeit auch in German...

[ShareholderCGN]

@ körschgen
Also es fallen mir auf Anhieb mindestens 500 Charts ein, die man zur Zeit alle aufeinander legen kann und immer zum gleichen Ergebnis kommt. Insofern bleibe ich mal dabei, das die genannten Unternehmen hinsichtlich des Geschäftsmodells nichts gemeinsam haben.
Ob eine Broadcom mit einem Jahresumsatz 2000 von rund 1,3 Milliarden und einem gleichzeitigen Verlust von 693 Millionen US Dollar, fast 19 Milliarden US Dollar wert ist, da bin ich mir nicht so sicher. Und eine Rambus mit 4,3 Milliarden Marktkapitalisierung und einem Jahresumsatz von rund 100 Millionen ist sicherlich auch nicht billig.
Aber die Börse wirds schon wissen. Sie wusste es vor etwas mehr als einem Jahr auch bei Razorfish, Etoys, Infospace und CD Now.
Damals Strong Buy heute Internetschrott. Mal sehen wie das mit den zuvor genannten Unternehmen in einem Jahr aussieht.
Gerne würde ich Deine Argumentation lesen, warum Broadcom und Rambus denn den Markt in Zukunft so outperformen werden.

[Körschgen]

@Shareholder:
Macht Broadcom jetzt neuerdings Verlust?
Schon dass wir in einem Razorfish-Thread über BRCM reden ist fast eine Farce. Broadcom sitzt an einer Schnittstelle der Internet-Industrie und ist der unbestrittene Führer bei der Lieferung von Hochgeschwindigkeits-Kommunikationschips für die Märkte Heim- und Unternehmensnetzwerke. Die Angebote des Unternehmens beinhalten nämlich die folgenden Typen von Chip-Sets:
1.Integrierte, Ein-Chip Kabelmodemlösungen
2.DSL Modem Chips
3.Digitale Set-Top Box Graphik Decoderchips
4.Digitale Set-Top Box Kommunikations-Sender-Empfänger
5.Internetgestützte Telekommunikationsprozessoren
6.Kodierungsprozessoren
7.Satellitenempfänger Chip-Sets
8.Hochgeschwindigkeits-Ethernet Sender-Empfänger
9.Heimnetzwerk Chip-Sets
10.HDTV/SDTV Graphik-Decoder
11.Bluetooth Kommunikations-Chip-Sets
12.Unternehmensnetzwerk Schalt-Chip-Sets
Jetzt sollte selbst ein Laie erkennen, dass es sich hier um eines der wichtigsten Unternehmen der nächsten 10 Jahre handelt.

[ShareholderCGN]

Broadcom Corporation is a leading provider of highly integrated silicon solutions that enable broadband digital transmission of voice, video and data. For the fiscal year ended 12/31/00, revenues totalled $1.13 billion, up from $521.2 million. Net loss totaled $693.4 million vs. an income of $72.5 million. Revenues reflect acquisitions. Net loss reflects a $713.1 million in-process R&D charge, and $182.3 million in goodwill amortization expenses.

Firmen oder Aktien zu lieben oder gar zu vergöttern, kann mitunter tödlich enden

[ShareholderCGN]

NEW YORK (CBS.MW) - Shares of Broadcom dropped in pre-market trading Tuesday after CS First Boston lowered its rating on the stock, citing slowed growth and impaired visibility.
Broadcom (BRCM: news, msgs) fell $6.31, or 7.8 percent, to $74.13 in Instinet. Analyst Charlie Glavin downgraded the shares to "hold" from "buy," and dropped his 12-month price target to $80. Glavin also trimmed his 2001 earnings per share estimate to $1.30 from $1.55, based on the company`s previous admission of slower growth.

[Körschgen]

Das war eine sachliche und nüchterne Bewertung von Broadcom und keine Vergötterung des Unternehmens. Ich würde selbstverständlich sofort verkaufen, falls sich fundamental etwas ändern würde, was allerdings kaum in Sicht ist.
Fundierte Kenntnisse sind oftmals hilfreicher als gefährliches Halbwissen.
Und Die Abstufung kann wohl keinen mehr zum Verkaufen bewegen.
Zu den Zahlen: Broadcom hat in sämtlichen Quartalen der letzten Zeit die Erwartungen übertroffen und erst kürzlich einen Gewinn von einem Cent über den Konsensschätzungen von 0,30$ pro Aktie erzielt. Die Erwartungen für das laufende Quartal sind ungefähr 0,30$ gegenüber 0,16$ im Vorjahresquartal, was einer Steigerung des Gewinns von annähernd 100% bedeutet.

[ShareholderCGN]

zu gegebener Zeit werde ich diesen Thread wieder ausgraben. Ich bin zwar kein Freund von "fsch" aber Du toppst mit Deiner Selbstüberschätzung die Dame bei weitem. Der beste Spruch ist der mit den fundamentalen Kenntnissen und dem gefährlichen Halbwissen.
Im übrigen dürftest Du ja als Aktionär von Broadcom gut in den Miesen sein, es sei denn Du bist schon seit Herbst 99 oder früher dabei, wovon nicht auszugehen ist.

[Körschgen]

@Shareholder:
An der eigenen Ahnungslosigkeit ist immer die Arroganz der Wissenden schuld, ich weiß.
Und dann wird wieder der Text mit den Verlusten aus der Mottenkiste geholt, immer dasselbe...
Ich kann Dich beruhigen, ich habe Broadcom seit fast 2 Jahren, genauso wie Rambus, JDS Uniphase und andere. Ich bin mit 80-90% meines Depots Langfristanleger, also nicht voreilig von sich auf andere schliessen.

Und das mit dem Thread rausholen solltest Du wirklich nicht vergessen, spätestens wenn Broadcom wieder bei 300$ steht, werde ich Dich daran erinnern.

[fsch]

@Körschgen,

wenn eines sicher ist, dann das: Broadcom wird in den nächsten 5 Jahren die $ 300-Marke nicht sehen.

[Körschgen]

@fsch:
Deine Meinung zu Broadcom kenne ich, lassen wir es dabei bewenden oder willst Du wieder streiten?
Pass bitte auf, dass Marchfirst, Razorfish und Infospace nicht bald von der NASDAQ genommen werden, Du kennst sicher die Restriktionen.LHSP und Turbodyne geistern heute noch in einigen Depots.

[ShareholderCGN]

@ körschgen

Wenn Du seit mehr als zwei Jahren Aktionär der von Dir genannten Unternehmen bist und vor rund einem Jahr bei den Höchstständen obendrein auch noch steuerfrei die Gewinne nicht mitgenommen hast, kann man Dich getrost als Schwachmaten bezeichnen.

Aber da es Dich ja erst seit dem 09.05.2000 bei w:o gibt, hast Du wahrscheinlich aufgrund von damaligen Bildzeitungsartikeln zu den seinerzeitigen Höchstkursen gekauft und träumst nun davon irgendwann mit einem blauen Auge davon zu kommen.

Du bist echt die allergrößte Kotznummer, die mir in meiner w:o Zeit jemals untergekommen ist.
Ein Hoch auf "fsch".

[Marciavelli]

@ Shareholder
Du sprichst mir sowas aus dem Herzen. Körschgen ist so ein kleiner Lejeune; nur das Lejeune seinen Worten von Zeit zu Zeit auch mal Taten folgen läßt. Aber Klein-Körschgen freut sich, daß er hier mal ein bißchen Aufmerksamkeit bekommt. Etwas Abwechslung für einen Kleinbürger, den keiner leiden kann und der keine scharfe Braut hat.

[Körschgen]

@Shareholder:
Jetzt hast Du auch noch die letzte Klamotte mit der WO-Registrierung herausgegraben.
WO-Registrierung = Aktien-Depot = Broadcom-Aktien
Allmählich hast Du die üblichen Geschichten durch, spontan fällt mir jetzt nichts mehr ein.
Ich habe irgendwo gelesen, dass Du heute alles verkaufen wolltest. Na dann hast Du Dir ja den besten Zeitpunkt herausgesucht. Also es scheint mir eher so zu sein, dass Du Deine biblischen Verluste nicht mehr mental verkraften kannst und jetzt die Reissleine gezogen hast, stimmts? Also nicht immer voreilig von sich auf andere schliessen.

[Körschgen]

@Marciavelli:
Sei wenigstens etwas geistreicher, wenn Du mich versuchst anzugreifen. CE kenne ich sogar sehr gut, insofern hast Du Dir damit eher ein Eigentor geschossen.

[Körschgen]

RAZF dürfte jetzt wohl in die ewigen Jagdgründe eingehen, war nichts mit Kursfeuerwerk. Der Chart hat übrigens auch noch ein Verkaufssignal geliefert, das war es dann wohl.
Kursziel unter 0,5$.

[Körschgen]

Und bald wird auch Shareholder den Zusammenhang zwischen ETOYS und RAZORFISH erkennen.
Die nächste Zehntelung dürfte beträchtlich schneller gehen als die letzte.

[Myoky]

@Körschgen


Körschgen-Fsch und den Rest nach Abschätzung 1-0



Myoky

[Frank012]

UPDATE 1-Omnicom earnings rise, beat market expectations
(Adds details)
NEW YORK, Feb 20 (Reuters) - Omnicom Group Inc. <OMC.N>, the world`s No. 2 advertising company, on Tuesday reported higher fourth-quarter earnings, beating market expectations, as new business wins boosted earnings.
The advertiser, whose agencies include BBDO Worldwide and TBWA Worldwide, said it earned $142.2 million, or 78 cents a share, in the quarter, up from $119.9 million, or 66 cents a share, a year earlier.
Analysts on average had expected Omnicom to post earnings of 76 cents a share, according to First Call/Thomson Financial.
Revenues rose 20 percent, to $1.80 billion from $1.50 billion in the same period a year ago.
For all of the year 2000, Omnicom earned $435.0 million or $2.40 per share before a gain on the sale of shares of its Razorfish Inc. <RAZF.O> Internet consulting affiliate. After the gain, net income rose to $498.8 million or $2.73 per share from $362.9 million or $2.01 per share in 1999. Revenues rose 20 percent to $6.15 billion from $5.13 billion.
During the fourth quarter, BBDO became the exclusive worldwide agency for Chrysler, a unit of German/American automaker DaimlerChrysler AG <DCXGn.DE> <DCX.N>. Analysts estimate this contributed $650 million in new business wins for Omnicom in the quarter.
So far, worldwide advertising holding companies such as Omnicom have been largely cushioned from the slowdown in the advertising market in the United States because they derive large chunks of their revenues from diversified marketing services and from their European and Asian operations, which have not seen the same kind of slowdown as in the United States.
Omnicom`s shares closed at $88.75 on the New York Stock Exchange on Friday. The market was closed Monday for the U.S. Presidents Day holiday. Omnicom shares have traded in a 52-week range of $68.13 to $100.63.
((--Jennifer Laidlaw, New York Equities Desk, 212 859 1700))
REUTERS
Rtr 08:35 02-20

[fsch]

@Körschgen,

JDSU: -4,54% (Bis nächste Woche < $ 25,-)
PCLN: +3,57%
RAZF: +5,00%

Mein Beileid!



p.s.:
Es ist an der Zeit, aus den schlechten Werten auszusteigen und in Zukunftswerte umzuschichten... Noch gibt`s ein paar $ für JDSU...

[Myoky]

@Körschgen

Welches Kursziel siehst Du für RAZF?



@fsch

Welches Kursziel siehst Du für RAZF?



Könnt Ihr Euch einigen


Myoky

[ShareholderCGN]

@ Körschgen
freut mich so richtig, was heute bei Deinen Broadcom so abgegangen ist. ATL !!!!! LOL
Razorfish hat sich klasse geschlagen.
Normalerweise bin ich nicht schadenfroh, aber Du hast nichts anderes verdient.

[Myoky]

@shareholder
@körschgen

Vertragt euch wieder

fsch und ich haben das auch geschafft




Myoky

[Gricko]

Kursfeuerwerk? 1,,25$! Das Ende des Kursrückgangs ist nicht abzusehen, die Frage ist nur, wie weit geht es noch nach unten? Und wieder ist warten angesagt......

[Körschgen]

Bei JDS Uniphase bin ich zwar heftigst in den Miesen, aber wer bei Rambus bei 23$ eingestiegen ist, dem kann fsch nicht ans Pein pinkeln. Besonders wenn Rambus 50% meines Depots ausmacht, aber das habe ich ja schon hundertmal erzählt.

@Shareholder:
Jaja, ich weiss, Razorfish hat sich in den letzten 2 Jahren besser geschlagen als Broadcom. Das dürfte ja jeder auch im Chart verfolgen können. Bist Du eigentlich schon aus allem ausgestiegen, Lemming?

@fsch:
Leider bringt Dir die Tagesperformance nicht sonderlich viel. Nach dem Motto: aus -92% jetzt -91%. Glückwunsch.
Die Zeit aus den schlechten Werten auszusteigen, hast Du leider verpasst, so leid es mir tut.
Wenn ich annähernd in die Aktien investiert hätte, die Du unfundiert, unbegründet und vehement in diesem Board empfiehlst, wäre mein Depot noch ein Zwanzigstel dessen wert, was es im Frühjahr 2000 gewesen ist und ich wäre genauso pleite wie Du. Dass es bei Dir um nichts mehr geht, habe ich schon verstanden, Du solltest aber bitte nicht noch Deine Lemminge(?) ruinieren.

[Basil]

was bedeuten diese zahlen?!!



Razorfish Inc (NMS:RAZF) Earnings Report
Sunday, February 25, 2001 1:51:35 AM ET
Ticker Lookup



Feb 25, 2001 (Nelson’s Broker Summaries via COMTEX)


Company: Razorfish Inc (NMS:RAZF)


Actual EPS for FY End (12/2000) -0.04
FY High EPS Estimate: -0.11
FY Low EPS Estimate: -0.34

Current FY Consensus Estimate: -0.20
Change from Previous Consensus Estimate: Up

Current P/E Ratio: N/A
P/E Ratio for Next FY: 31.80
Current Industry P/E Ratio: 40.61

52 Week High Price: 41.25
52 Week Low Price: 1.00

Industry: Computers-Software & Serviceshttp://www.nelnet.comCopyright 2001, Nelson Information

[Frank012]

Razorfish Strengthens its Industry Service Offerings: Appoints Three New Practice Leaders for North America

NEW YORK--(BUSINESS WIRE)--Feb. 26, 2001--Razorfish, Inc. (NASDAQ: RAZF), the global digital solutions provider, today announced the appointments of Waseem A. Sheikh as vice president of manufacturing industries, Joe Gibson as vice president of financial services and Gerry Berton as vice president of marketing programs. The appointments strengthen Razorfish`s commitment to delivering digital solutions to clients in a selected number of industries including: Financial Services, Media & Entertainment, Information Technology and Communication, Manufacturing and Healthcare.

"Each executive brings a deep industry knowledge which will expand the level of leadership at Razorfish," said Jean-Philippe Maheu, chief operating officer at Razorfish. "Under their leadership, we will continue to help our clients understand and realize opportunities by leveraging digital technologies. Our focus is to deliver high return on investment solutions to all of our clients. The addition of Waseem, Joe and Gerry will help us accomplish this."

With more than 20 years of experience, Waseem A. Sheikh brings a wealth of expertise to Razorfish as the vice president and group leader of the manufacturing industry practice. In his role, Mr. Sheikh will focus on strategy development and implementation of digital commerce initiatives that deliver measurable return to the company`s clients. Some of the company`s clients in this vertical include leading automotive, aerospace and defense, energy, chemicals, heavy machinery and electronics companies.

Prior to joining Razorfish, Mr. Sheikh served as a general partner at a high technology incubator. In his role, he focused on investing in and growing high technology and software firms specializing in e-procurement, e-logistics and e-supply chain optimization. Prior to that he was a vice president and officer at A.T. Kearny, where his responsibilities included strategy, mergers, divestitures and acquisitions, process improvement and revenue enhancement.

Mr. Sheikh holds a Masters degree in public and private management from Yale University, an MBA in Finance as well as a BS in Aeronautics and Astronautics Engineering from the University of Washington and an associate BA from Oxford University.

Joe Gibson joins Razorfish as the vice president and group leader of the Financial Services industry practice. Mr. Gibson is responsible for Razorfish`s effort to establish itself as the leading-edge provider of global integrated solutions to the financial services industry.

Prior to Razorfish, Mr. Gibson was a vice president at Sapient where he specialized in e-solutions for capital markets. Prior to that he worked as chief technology officer and vice president of Inventa, a B2B eCommerce integration services provider, where he was responsible for developing end-to-end e-business solutions and B2B architectures. As a managing director at Charles Schwab, Mr. Gibson played a key role in introducing Java as an enterprise-programming model and in managing and expanding key portions of Schwab`s middleware infrastructures and services. Prior to his time at Charles Schwab, he was responsible for professional services of the western region for BEA Systems and was vice president of electronic distribution systems at Wells Fargo Bank.

Mr. Gibson holds an MBA from the University of Southern California and a BA in psychology from the University of South Dakota.

Supporting the industry leaders will be Gerry Berton who joins Razorfish as vice president of marketing programs with a focus on developing awareness, generating leads, and building relationships with Fortune 1000 companies in target industries. In his new role, Mr. Berton will develop Razorfish`s marketing efforts in conjunction with Mr. Sheikh, Mr. Gibson and Razorfish`s other industry leaders to keep in line with the primary drive of the company`s go-to-market strategy.

Most recently, Mr. Berton was vice president of marketing for Key3Media, (formerly a division of Ziff-Davis), a $250 million producer of some of the world`s leading technology forums including COMDEX, Networld+Interop and Seybold Seminars. He was responsible for overseeing marketing communications, audience development and sales promotion for Key3Media brands.

Prior to that, Mr. Berton was a divisional director of marketing for International Data Group (IDG), and held marketing positions for Time Magazine in Europe, including roles in Time`s Olympic marketing program and the launch of Time`s circulation in Eastern Europe.

Mr. Berton holds a BA in International Relations from Tufts University and an MBA from Boston University.

These appointments round out Razorfish`s expertise in each of its five key industry service offerings for the North American region. The other industry leaders include David Jensen who currently leads Media & Entertainment, Joy Maguire as vice president of Information Technology and Telecommunications and Michael Parker as vice president of Healthcare services. About Razorfish:

Founded in 1995, Razorfish is a global digital solutions provider. Razorfish helps clients discover, create, and implement business solutions by leveraging digital technologies across platforms, networks, and devices. From business and brand strategy to system integration, Razorfish provides clients with opportunities to increase revenues, enhance productivity, and maximize competitive advantage. With offices in Amsterdam, Boston, Frankfurt, Hamburg, Helsinki, Los Angeles, London, Milan, Munich, New York, Oslo, San Francisco, Silicon Valley, Stockholm, and Tokyo, Razorfish employs more than 1,500 people and is headquartered in New York. Recent Razorfish clients include Ford, NatWest, Nissan-Europe, and Charles Schwab. For more information visit: www.razorfish.com. Forward-Looking Statement Disclaimer:

This release contains, in addition to historical information, forward-looking statements, including, but not limited to, Razorfish`s strategies and goals with respect to its structure and service offerings. We use words like "anticipates", "believes", "plans", "intends", "expects", "future" and similar expressions to identify forward-looking statements. Forward-looking statements are subject by their nature to risks and uncertainties, and actual results could differ materially from those set forth in the forward-looking statements. Typical risks and uncertainties include, but are not limited to, those related to the number and size of projects completed in a given period, integration of acquisitions, international and domestic economic conditions including, without limitation, interest rate and currency exchange rate fluctuations, changes in competition, our ability to manage growth and international operations effectively, retention of our professionals and other factors described from time to time in Razorfish`s reports filed with the Securities Exchange Commission. In addition, we draw your attention to risk factors identified by Razorfish`s 1999 Form 10-KA filed with the Securities Exchange Commission on April 5, 2000. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Razorfish is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.

Razorfish and the Razorfish logo are registered trademarks and/or service marks of Razorfish, Inc. in the United States and other countries. Other parties` trademarks or service marks are the property of their respective owners and should be treated as such.

CONTACT: Razorfish, Inc.
Melissa Kramer, +1.212.798.7945
[e-mail]
or
Kirshenbaum Bond & Partners
Alev de Costa, +1.212.352.4510
or
Gentry Communications
Julia Whitson, +415.332.2081
[e-mail]

[ShareholderCGN]

Hi Körschgen,
wieso sollte ich aus allem aussteigen ?? Man muß nur die richtigen Aktien haben und das Timing sollte stimmen. Deshalb sieht mein Depot derzeit auch richtig gut aus.

BRCM läuft ja heute mal wieder geil gegen den Markt. Muß schon sagen, Dein perfektes Komplettwissen zahlt sich ja für Dich richtig aus. Bei JDSU hängst Du auch in der Grütze ? Oh das tut mir aber leid. Wieviel hast Du bezahlt ? 80 $ oder etwa 100 ? Naja mach Dir nichts draus, der Chart sieht ja echt geil aus, vollkommmen intakter Abwärtstrend und die Bewertung erst : Einsame Spitze. Nur 42 Milliarden MK bei Umsatz, 1,7 Milliarden und einem klitzekleinen Verlust von nur 1,9 Milliarden.
Echt ein richtiges Schnäppchen.

In großer Ehrfurcht bewundere ich Dein Allwissen oh großer Guru Körschgen.

Dein Dir ergebener Lemming shareholdercgn.

[fsch]

Ja. RAZF hat`s endlich gepackt.



p.s.:
300% in den nächsten Wochen, zwecks Erreichung der $ 1-Marke zur Verhinderung eines Delistings...
---Razorfish Announces Fourth Quarter 2001 Financial Results; Company Regains Pro Forma Operational Profitability; Pro Forma EPS of $.01 in Line with Management Guidance
BusinessWire, Tuesday, February 05, 2002 at 16:26


NEW YORK--(BUSINESS WIRE)--Feb. 5, 2002--Razorfish, Inc. (NASDAQ:RAZF), the digital solutions provider, today announced results for the
fourth quarter and year ended December 31, 2001. The results announced
today include a description of pro forma results, as defined in note
(a) on the attached statements of operations.
For the quarter ended December 31, 2001, pro forma revenues were
$11.1 million, compared to $12.6 million for the third quarter 2001.
Adjusted pro forma net income for the fourth quarter 2001 was $0.6
million or $0.01 per share, in line with previous management guidance.
This compares to an adjusted pro forma net loss of $0.6 million or
($0.01) per share in the third quarter 2001.
For the quarter ended December 31, 2001, total revenues, including
the Company`s former European operations until the time of
divestiture, were $13.8 million compared to $19.0 million for the
third quarter 2001. During the fourth quarter, the Company recorded a
charge of $6.8 million related to the divestiture of its European
operations. Net loss for the fourth quarter was $7.0 million or
($0.07) per share, compared to a net loss of $14.9 million or ($0.15)
per share for the third quarter 2001.
Total revenues for the year ended December 31, 2001, including the
Company`s former European operations until the time of divestiture,
were $104.0 million compared to $267.9 million for the year ended
December 31, 2000. Net loss for the year 2001 totaled $183.9 million
or ($1.83) per share compared to net loss of $148.9 million or ($1.59)
per share for the previous year.
"After a year of economic uncertainty and managing rapidly
changing market demands, we are pleased to have regained profitability
on a pro forma basis," said Jean-Philippe Maheu, chief executive
officer. "We credit our achievement to aggressive cost control and an
intense focus on client satisfaction. We took decisive actions over
the last year and believe that the resulting streamlined company is
more stable and better positioned in the market place."

Recent Highlights

Razorfish also gave some highlights of the current profile of the
Company and some of its recent achievements:

Current Profile:
-- As of December 31, 2001, Razorfish had approximately 275 U.S.
employees located in offices in New York, Boston, Los Angeles,
San Francisco and San Jose. The Company also maintains a
minority investment position with its joint venture in Tokyo.
-- The Company announced the promotion of Robert Lord to chief
operating officer, effective immediately. Bob joined Razorfish
in November 2000 as executive vice president of North America
from Prism Rehab Systems, a 12,000-person professional
services company in the health care sector, where he served as
executive vice president and chief operating officer. Bob has
been instrumental in Razorfish`s restructuring efforts over
the last year.

Operational Performance:
The following metrics relate to the U.S. operations for their
respective period:

-- Operating cost structure of approximately $10.2 million in Q4
-- Gross margins of approximately 42% for Q4
-- Improved ordinary operating margin of approximately 8% for Q4
from (8%) in Q3
-- Improved annualized revenue per billable employee to $200,000
in Q4 from $182,000 in Q3
-- Days sales outstanding (DSO) of 45
days

Client Satisfaction:
-- Razorfish won business from several new clients during the
fourth quarter, some of which include Verisign, Western Union,
Comcast, Manulife Financial, Fortis, Inc., and a chemicals
manufacturing company.
-- The Company continued to win additional business from existing
clients, including Cisco Systems, Verizon Communications, Legg
Mason, Genentech, GlaxoSmithKline, Veritas, Ford Motor
Company, Concord Communications, a major consulting firm, a
leading provider of communications services, and an
international cosmetics company.

Guidance:
Razorfish said it anticipates revenues of $10.5 million - $11.5
million and adjusted pro forma net earnings of $0.5 million - $1.0
million for the first quarter 2002.

Conference Call:
Razorfish management will host an investor conference call on
Tuesday, February 5, 2002 at 5:30 PM EST to further discuss its
financial results. To access the conference call over the Internet,
please log on to www.vcall.com and type in "RAZF" as the ticker
symbol, or at www.razorfish.com under "Investor Relations." It is
advised that you log on at least fifteen minutes prior to the call to
register, download, and install any necessary audio software. A replay
of the Webcast will be archived for 90 days at www.vcall.com or at
www.razorfish.com under "Investor Relations."

About Razorfish:
Razorfish`s services employ digital technologies to address a wide
range of its clients` needs, from business and brand strategy to
systems integration. From its founding in 1995 to the present,
Razorfish has provided its clients with services designed to enhance
communications and commerce with their customers, suppliers, employees
and other partners through the use of digital technologies. Razorfish
is headquartered in New York and has offices in Boston, Los Angeles,
San Francisco, Silicon Valley, and Tokyo. Recent Razorfish clients
include Cisco Systems, Sony Corporation, Microsoft, Comcast, Manulife
Financial, Ford Motor Company, and Bechtel. For more information
visit: www.razorfish.com.

Forward-Looking Statement Disclaimer
Safe Harbor Statements under the Private Securities Litigation
Reform Act of 1995
This release contains, in addition to historical information,
forward-looking statements, including, but not limited to, Razorfish`s
strategies and goals with respect to its structure and service
offerings (which can be found without limitation in the section titled
"Guidance" and in the fifth paragraph of the introductory section). We
use words like "anticipates", "believes", "plans", "intends",
"expects", "future" and similar expressions to identify
forward-looking statements. Forward-looking statements are subject by
their nature to risks and uncertainties, and actual results could
differ materially from those set forth in the forward-looking
statements. Typical risks and uncertainties include, but are not
limited to, those related to the number and size of projects completed
in a given period, integration of acquisitions, international and
domestic economic conditions including, without limitation, interest
rate and currency exchange rate fluctuations, changes in competition,
our ability to manage growth and international operations effectively,
retention of our professionals and other factors described from time
to time in Razorfish`s reports filed with the Securities Exchange
Commission. In addition, we draw your attention to risk factors
identified by Razorfish`s 2000 Form 10-K filed with the Securities
Exchange Commission on April 2, 2001 and its quarterly report on Form
10-Q, filed November 14, 2001. Any forward-looking statements are made
pursuant to the Private Securities Litigation Reform Act of 1995 and,
as such, speak only as of the date made. Razorfish is not undertaking
to update any information in the foregoing reports until the effective
date of its future reports required by the securities laws.

Razorfish, Inc.

CONSOLIDATED STATEMENTS
OF OPERATIONS
(in thousands, except Actual Pro Forma (a)
per share amounts) Three Months Ended Three Months Ended
(unaudited) December 31, December 31,
------------------------------------------
2000 2001 2000 2001
------------------------------------------
Revenues $ 50,103 $ 13,835 $ 30,451 $ 11,085
Project personnel 40,048 9,122 26,720 6,442
---------------------------- -------------
Gross profit 10,055 4,713 3,731 4,643
Sales and marketing 7,263 582 6,478 432
General and
administrative 21,044 4,948 10,272 3,335
Provision for doubtful
accounts 15,418 - 11,478 -
---------------------------- -------------
---------------------------- -------------
Total ordinary operating
expenses 43,725 5,530 28,228 3,767
---------------------------- -------------
Income from ordinary
operations (33,670) (817) (24,497) 876
Non-cash compensation - 393 - 393
Restructuring Charges 2,416 (948) 578 (948)
Impairment Loss 126,000 - 43,400 -
Loss on sale of business - 6,789 - -
Amortization of
intangibles 2,409 - 952 -
---------------------------- -------------
Income from operations (164,495) (7,051) (69,427) 1,431
Other income, net 591 69 423 106
---------------------------- -------------
Income before income taxes (163,904) (6,982) (69,004) 1,537
Provision for income taxes (5,879) - (3,527) -
---------------------------- -------------
Net income (loss) $(158,025)$ (6,982)$(65,477) $ 1,537
============================ =============

Net income per share
Basic $ (1.62) $ (0.07) $ (0.67) $ 0.01
Diluted $ (1.62) $ (0.07) $ (0.67) $ 0.01

Weighted average shares
outstanding
Basic 97,256 105,087 97,256 105,087
Diluted 97,256 105,087 97,256 105,381

Adjusted pro forma
dataa)

Income before income taxes $(69,004) $ 1,537
Non-cash compensation - 393
Restructuring Charges 578 (948)
Impairment loss 43,400 -
Amortization of
intangibles 952 -
--------- -------------
Pro forma income before
income taxes (24,074) 982
Pro forma provision
(benefit) for income taxes (9,630) 393
--------- -------------
Pro forma net
income (loss) $ (14,444) $ 589
========= =============

Pro forma net income
(loss) per share $(0.15) $ 0.01

Weighted average shares
outstanding 97,256 105,381

(a) The pro forma results are presented to reflect the Company`s
divestiture of certain European operations, announced in December,
2001 and the liquidation of the other European operations earlier
in fiscal year 2001, as if such activities had occurred at the
beginning of the respective periods. Adjusted Pro forma data
excludes non-cash compensation, restructuring charges, impairment
loss, and amortization of intangibles. The pro forma provision for
income taxes is calculated using a 40% tax rate. The pro forma
information does not purport to be prepared in accordance with
Generally Accepted Accounting Principles.

Razorfish, Inc.

CONSOLIDATED STATEMENTS
OF OPERATIONS
(in thousands, except Actual Pro Forma (a)
per share amounts) Fiscal Year Ended Fiscal Year Ended
(unaudited) December 31, December 31,
-------------------------------------------
2000 2001 2000 2001
--------------------------------------------
Revenues $ 267,857 $ 103,980 $ 179,682 $ 65,148
Project personnel 147,936 68,589 98,221 40,556
------------------------------ -----------
Gross profit 119,921 35,391 81,461 24,592
Sales and marketing 22,450 8,048 17,393 5,502
General and
administrative 88,059 48,410 57,938 31,885
Provision for doubtful
accounts 21,646 - 16,114 -
------------------------------ -----------
------------------------------ -----------
Total ordinary
operating expenses 132,155 56,458 91,445 37,387
------------------------------ -----------
Income from ordinary
operations (12,234) (21,067) (9,984) (12,795)
Non-cash compensation - 833 833
Restructuring Charges 2,416 94,202 578 52,636
Impairment Loss 126,000 60,116 43,400 28,716
Loss on sale of business - 6,789 - -
Amortization of
intangibles 8,876 1,759 3,509 748
------------------------------ -----------
Income from operations (149,526) (184,766) (57,471) (95,728)
Other income, net 3,550 844 3,168 999
------------------------------ -----------
Income before income taxes (145,976) (183,922) (54,303) (94,729)
Provision for income taxes 2,874 - 507 -
------------------------------ -----------
Net income (loss) $(148,850)$(183,922)$ (54,810) $ (94,729)
============================== ===========

Net income per share
Basic $ (1.59) $ (1.83) $ (0.58) $ (0.94)
Diluted $ (1.59) $ (1.83) $ (0.58) $ (0.94)

Weighted average shares
outstanding
Basic 93,844 100,670 93,844 100,670
Diluted 93,844 100,670 93,844 100,670

Adjusted Pro forma
dataa)

Income before income taxes $ (54,303) $ (94,729)
Non-cash compensation - 833
Restructuring Charges 578 52,636
Impairment loss 43,400 28,716
Amortization of
intangibles 3,509 748
---------- -----------
Pro forma income before
income taxes (6,816) (11,796)
Pro forma provision
(benefit) for income taxes (2,726) (4,718)
---------- -----------
Pro forma net
income (loss) $ (4,090) $ (7,078)
========== ===========

Pro forma net income
(loss) per share $ (0.04) $ (0.07)

Weighted average shares
outstanding 93,844 100,670


(a) The pro forma results are presented to reflect the Company`s
divestiture of certain European operations, announced in December,
2001 and the liquidation of the other European operations earlier
in fiscal year 2001, as if such activities had occurred at the
beginning of the respective periods. Adjusted Pro forma data
excludes non-cash compensation, restructuring charges, impairment
loss, and amortization of intangibles. The pro forma provision for
income taxes is calculated using a 40% tax rate. The pro forma
information does not purport to be prepared in accordance with
Generally Accepted Accounting Principles.

CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited) December 31,
--------------------------
2000 2001
--------------------------
ASSETS
Current assets
Cash, cash equivalents,
and short-term investments $ 51,483 $ 8,011
Accounts and unbilled receivables 45,212 5,617
Other current assets 5,560 458
---------- -----------
Total current assets 102,255 14,086

Net fixed assets 30,901 1,599
Other assets 71,799 262
---------- -----------
Total assets $ 204,955 $ 15,947
========== ===========

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities
Accounts payable and accrued expenses 31,843 14,170
Deferred revenues 1,928 178
---------- -----------
Total current liabilities 33,771 14,348

Long-term obligations 2,033 9,593
---------- -----------
Total liabilities 35,804 23,941

Stockholders` equity 169,151 (7,994)
---------- -----------
Total liabilities and
stockholders` equity $ 204,955 $ 15,947
========== ===========


CONTACT: Razorfish, Inc.
David LaBar, 212/798-7941
[e-mail]

KEYWORD: NEW YORK
INDUSTRY KEYWORD: ADVERTISING/MARKETING E-COMMERCE
ELECTRONIC GAMES/MULTIMEDIA INTERNET EARNINGS
SOURCE: Razorfish, Inc.

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Copyright 2002, Business Wire

Companies or Securities discussed in this article:
Symbol Name
NASDAQ:RAZF Razorfish, Inc. (NM)

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Hat sich heute doch gut geschlagen.



Habe nun ein Jahr gewartet auf ordentliche Kurse. Da kommt`s auf ein paar Wochen mehr auch nicht mehr an.