ADVISORY/eSpeed 3rd Quarter 2000 Earnings Announcement; Live Webcast.Business & Assignment Editors ADVISORY...for Tuesday (Oct. 24) --(BUSINESS WIRE) WHO: eSpeed, Inc. (Nasdaq:ESPD) WHAT: Announce third quarter 2000 earnings on a conference call for analysts and via website -- www.espeed.com. (must have "Real Player" plug in and speakers to listen to webcast) WHEN: Tuesday, October 24, 2000 at 8.30 a.m. (EST) /2.30 p.m. GMT WHERE: www.espeed.com About eSpeed, Inc. eSpeed, Inc. operates multiple buyer/multiple seller real-time B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business electronic marketplaces. eSpeed's suite of marketplace tools provides end-to-end transaction solutions for the purchase and sale of financial and non-financial products via the Internet or over eSpeed's global private network. eSpeed currently provides the marketplace infrastructure for more than 35 financial instruments, including most of the world's fixed income marketplaces. eSpeed transacts over $150 billion of financial instruments daily and is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Additional information on eSpeed is available via the Internet at http://www.espeed.com. Statements contained in this Press Release which are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , as the term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to: the limited operating history of eSpeed, Inc., its expected incurrence of future losses and negative cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses for the foreseeable fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. future, its ability to enter into marketing and strategic alliances, to effectively manage its growth, to expand the use of its electronic systems, and to induce customers to use its marketplaces and services and other factors that are discussed in eSpeed's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission. |
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