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: Ryan Mak who wrote (77940)	1/6/2000 5:04:00 PM
From: Doug Robinson	of 120523

ITRA-Easily beat estimates!!January 6, 2000 4:41pm Intraware pares losses in third quarter By Larry Barrett ZDII Intraware Inc. (Nasdaq: ITRA) easily topped analysts' estimates in its third quarter Thursday, losing $5.9 million, or 25 cents a share, on sales of $24.8 million. Intraware shares closed up 3 13/16 to 75 13/16 ahead of the earnings report. First Call consensus expected the provider of business-to-business e-commerce services to lose 50 cents a share in the quarter. The $24.8 million in sales marks a 119 percent improvement compared to the year-ago quarter when it lost $4.4 million, or $1.01 a share, on sales of $11.3 million. "We had an outstanding third quarter with the addition of a great group of new customers, partners and vendors which has helped establish Intraware as the one stop IT e-Marketplace for Web-based software and services," said CEO Peter Jackson in a prepared release. "We are beginning to see the return on our early investments in our technology and experienced people that are contributing significantly to our recent strong financial performance." In the quarter, Intraware grew its membership base 225 percent compared to the year-ago quarter and 19 percent from the second quarter. Its customer base jumped 91 percent from the second quarter, surging from 3,299 to 6,309 customers. Intraware shares peaked at 99 in December after falling to a 52-week low of 14 7/8 in May. All four analysts tracking the stock maintain a "buy" recommendation. First Call consensus expects Intraware to lose $1.35 a share in the fiscal year.

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