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Re: Zeev Hed post# 72641

Wednesday, 02/05/2003 4:24:43 PM

Wednesday, February 05, 2003 4:24:43 PM

Post# of 704041
RE: EXPE - from Briefing.com

16:18 ET EXPE Expedia tops estimates; announces 2-for-1 stock split; CEO resigns (59.05 +2.93)
Reports Q4 (Dec) earnings of $0.48 per share, $0.07 better than the Multex consensus of $0.41; revenues rose 100.4% year/year to $163.9 mln vs the $162.1 mln consensus; board of directors has authorized the repurchase of up to $200 million of Expedia common stock; board has approved a two-for-one stock split; sees Q1 adjusted EPS of $0.44 vs the Multex est of $0.43 per share. CEO resigns -- says Erik Blachford, president of Expedia North America, will succeed founder Richard Barton as president and CEO of Expedia

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