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February 16, 1999

COMPANY RESULT: THE GLOBE.COM INC

By CBR Staff Writer

Theglobe.com Inc, New York-based online community, has reported a fourth-quarter net loss of $4.5m on revenue of $2.8m, compared to a loss of $1.0m on revenue of $355,000 in the year-ago quarter. For the year, net loss was $16m on revenue of $5.5m, compared to a loss of $3.6m on revenue of $770,000 last year. Full-year results include a one-time charge of $1.4m

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