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 (51663)	7/21/1999 12:13:00 AM
From: Jenna	Read Replies (1) of 120523

Market Gems earnings play to watch tomorrow: Micromuse Announces 103% Revenue Growth for Third Quarter of Fiscal 1999 Jump to first matched term SAN FRANCISCO--(BUSINESS WIRE)--July 19, 1999--Micromuse Inc. (Nasdaq:MUSE), the leading provider of fault and service-level management software, today announced record financial results for its third fiscal quarter ended June 30, 1999. Revenues for the third quarter of fiscal 1999 were $15.4 million, representing a 103% increase over the comparable quarter of fiscal 1998. Net income for the quarter was $2.4 million or $0.14 per share on a diluted basis, as compared with net income of $0.2 million, or $0.01 per share, in the third quarter of fiscal 1998. Excluding a tax credit related to prior year net operating losses, the pro-forma fully diluted earnings per share for the quarter ended June 30, 1999 would have been $0.10. For the nine months ended June 30, 1999, revenues were

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