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ECommerceTimes.com

Stock Watch: HotJobs Jumps on Rosy Forecast

By Nora Macaluso
Mar 31, 2000 12:00 AM PT

HotJobs.com (Nasdaq: HOTJ) rose 3 31/32 in morning trading Friday, reaching 29 1/8. After the close Thursday, the online employment exchange said its subscriber base has grown 50 percent since the end of 1999, and now includes more than 5,000 member companies.

Stock Watch: HotJobs Jumps on Rosy Forecast

As a result, the company said, first-quarter revenue will be "at least 10 percent" above the $9.85 million estimated by analysts. Forecasts of a 44 cent-per-share loss for the quarter, though, will not be beaten by "more than a minimal amount," HotJobs said.

"As a result of increased revenue, HotJobs.com has been able to reinvest in its core business… in order to meet the needs of its rapid growth," said President and Chief Executive Officer Richard Johnson.


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What best describes your attitude toward social networks and politics?
The value of engaging in serious political discourse outweighs the negatives.
Most of the political conversations seem overheated and ignorant.
Social networks provide a lot of very good political information from reliable sources.
Almost every political post I see is skewed or totally fake.
Political interactions on social networks simply mirror those in the real world.
Social networks remove inhibitions, bringing out the worst in people and politics.