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Technology Stocks : Advantage Learning Systems Inc (ALSI)
ALSI 0.00010000.0%Nov 3 1:54 PM EST

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To: james bravick who wrote (23)10/20/1999 2:27:00 PM
From: james bravick  Read Replies (1) of 25
 
Advantage Learning Systems (NASDAQ:ALSI - news) , a provider of computer software and related training for the K-12 school market, gained $3.50, or 20%,
to $20.63. The company reported third quarter earnings of $0.16 a share, meeting the consensus analyst estimate, according to I/B/E/S. Revenue increased 52% to
$23 million, over year-ago levels. The company built its increased customer base by 1,900 schools, in-line with its target for 6,000 to 7,000 new schools by
year-end and is also ramping up marketing and software development for international operations in the United Kingdom and Australia. Advantage shares have lost
more than half their value since hitting a 52-week high of $43 in March.
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