HARBINGER (HRBC) Message Board

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Technology Stocks : HARBINGER (HRBC)

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To: Brent Gilbertson who wrote ()	2/10/2000 5:47:00 AM
From: Davo M	Read Replies (1) of 402

Harbinger Corp. (HRBC: news, msgs) shares edged up 1 to 24 in after-hours trading. The company said, after the closing bell, that it will invest $25 million in a new division focused on vertical market portals. Paul Allen's venture capital firm, Vulcan Ventures, plans to invest side by side with Harbinger. Harbinger, the B2B e-commerce software provider, already operates 25 vertical market portals. Vulcan Ventures has been a partner with Harbinger for more than six years. Harbinger also recorded fourth-quarter earnings of $2.7 million, or 7 cents a share, matching consensus estimates. Sales rose 16 percent to $42.4 million from $36.5 million in the same quarter a year earlier. Shares closed off 1 1/16 at 23 in the regular session.

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