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Wednesday, 03/27/2002 9:11:19 PM

Wednesday, March 27, 2002 9:11:19 PM

Post# of 67

WINK

What is moving the stock. First this report which looked really bad.

Wink Communications Announces Fourth Quarter and Year - End Results -
Closes 2001 as the Leader in Interactive Television in North America
ALAMEDA, CA - February 1, 2002 --- Wink Communications, Inc. (NASDAQ: WINK), announced today financial results for the fourth quarter and year ended December 31, 2001.
Revenues for the fourth quarter were $1.2 million. Revenues for the year ended December 31, 2001 were $6.9 million, an increase of 59% versus the same period a year ago. The net loss for the quarter was $72.9 million, or $2.34 net loss per basic and diluted share, versus a net loss of $14.6 million, or $0.47 per basic and diluted share, for the same period last year. The net loss for the year was $114.5 million, or $3.68 net loss per basic and diluted share, versus a net loss of $33.3 million, or $1.09 per basic and diluted share, for the same period last year. The results for the fourth quarter of 2001 included a non-cash impairment charge of $55.3 million related to distribution agreements with cable and satellite operators and certain property and equipment, adding $1.77 and $1.78 to the net loss per share for the fourth quarter and year then ended, respectively. A summary of consolidated financial data is attached.


Followed by these two stories which suggested that the company was not about to go belly up.

Wink Successfully Renegotiates Revenue Guarantee Commitments with Several Key Partners
ALAMEDA, CA - March 12, 2002 --- Wink Communications (NASDAQ: WINK) announced today that the Company has successfully negotiated with several key partners to eliminate over $22 million of cash liabilities in 2002 and 2003. The negotiation of this reduced liability comes at an important time in Wink's growth and will enable the Company to continue to focus on the execution of operational milestones.
"We really value the confidence that our partners have placed in Wink by working with us to remove these payments in 2002 and 2003," said Maggie Wilderotter, President and CEO of Wink Communications. "This preservation of cash will provide Wink with additional financial runway needed to complete its aggressive deployment schedule and maximize the ecommerce aspects of the Wink service with advertisers and programmers."

Wink and Charter Communications Extend their Partnership
St. Louis, MO and Alameda, CA, March 14, 2002 --Wink Communications (NASDAQ: WINK) and Charter Communications (NASDAQ: CHTR) today announced an amendment to an agreement which provides Wink's Enhanced Broadcast technology as a standard feature to Charter digital customers.

I don't know if there is other news to follow. I really don't think an outright takeover will come but it could. This company quite simply has relationships with everyone in the industry and as such provides a very important middle ground. Many people are interested in having this company around. I don't know if Wink will ever make money or if they can survive long enough to do so. I don't know if the stock is being manipulated, if some secret news is about to occur or if quite simply some people are just glad the company isn't going under and are hoping that a little gamble here might just work out in the long run.



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