SPORTSLINE SHARES DROP AS SECOND-QUARTER LOSS IS WIDENED

          Shares of SportsLine USA "fell more than" 17% on Friday
     after reporting that its second-quarter loss "widened on
     higher expenses," according to BLOOMBERG NEWS.  SportsLine's
     second-quarter loss widened to $12.4M, or $.55 a share, from
     $7.51M, or $.41 a share, a year ago.  The quarter report
     caused SportsLine shares to fall $7 to close at $32, in
     trading of "about" 1.72 million shares, "more than triple
     the three-month daily average."  Earlier, the shares dropped
     to 29.75, the lowest level in "more than" three months. 
     SportsLine attributed the loss to "spending on its online
     sporting-goods stores and its European sites."  Phil Leigh
     analyst Raymond James said "people are wondering whether
     SportsLine is getting in too late," and if SportsLine's move
     to "sell more sporting goods would squeeze profit margins
     and lead to higher costs as it tries to keep up with
     stronger rivals."  Other analysts "were disappointed" that
     SportsLine's loss "wasn't smaller" (BLOOMBERG NEWS, 7/23).