Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (22701)	1/22/1999 6:24:00 AM
From: puborectalis	of 120523

By Brenon Daly, CBS MarketWatch Last Update: 5:41 PM ET Jan 21, 1999 Silicon Stocks Sybase said after the market closed Thursday that it earned twice as much in its fourth quarter on an operating basis than analysts expected. The database software maker (SYBS) said it earned 10 cents per share, compared to the consensus analyst expectations of a nickel. Sales increased 4 percent, with licensing fees rising 9 percent. Chief executive John Chen said in an interview that he sees "modest growth" for 1999. The company will be profitable for each of the quarters of the year, he added. Including restructuring charges, Sybase lost $1.15 per share in 1998 and 70 cents per share in 1997. Ahead of the release, shares dipped 1/4 to 8 9/16.

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