ELNK Down on Q1 Expectations

Posted on Thursday 23 February 2006



ELNK traded down over 9% on Thursday to close at $10.76 after reporting that it expects Q1 results to range from breakeven to a loss of 45 million dollars. Most worrying to investors was the fact that ELNK expects flat subscriber growth in 2006 compared to 2005. Volume was high on the day, with almost 5 million shares changing hands, compared to a normal daily average of 1.02 million shares. The stock has a 52 week high of $12.21.



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