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: Jerry Olson who wrote (35565)	4/21/1999 6:09:00 PM
From: Jenna	of 120523

VIGN First Quarter Results Quarterly Revenues Increase Over 300% AUSTIN, Texas, April 21 /PRNewswire/ -- Vignette Corporation (Nasdaq: VIGN - news) today announced that for the quarter ended March 31, 1999, total revenues increased 306% to $9.1 million from revenues of $2.3 million for the same period in 1998. Loss from core operations for the first quarter (excluding amortization of deferred stock compensation) was $6.3 million, or $(0.28) per share compared to $2.1 million, or $(0.14) per share for the same period of 1998. Reported net loss for the quarter was $7.9 million or $(0.36) per share compared to a net loss of $2.1 million or $(0.14) per share for the same period of 1998. Immediately preceding the Company's recent initial public offering, shares of preferred stock were converted into common stock. In an effort to provide a comparison with analyst models, the net loss per share figures above have been presented on a pro forma basis, as if all preferred shares were converted to common shares from the beginning of the quarter. ''We are very pleased to report these first

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