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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Bob Biersack who wrote (83080)2/16/2000 7:27:00 AM
From: Bob Biersack  Read Replies (2) of 120523
 
JAKK...Record earnings....Fourth-quarter net sales in 1999 were $62.5 million, 162% higher than the $23.9 million in the prior year period. Fourth-quarter net income increased by 490% to $9.0 million, or $0.49 per diluted share (on 18.4 million weighted average shares outstanding), from $1.5 million, or $0.14 per diluted share (on 11.8 million weighted average shares outstanding), in the same period a year ago.

Net sales in 1999 were $183.7 million, 116% over 1998 net sales of $85.3 million. For the year, net income increased by 245% to $22.0 million, or $1.39 per diluted share (on 15.8 million weighted average shares outstanding), from net income of $6.4 million, or $0.59 per diluted share (on 11.4 million weighted average shares outstanding), in 1998
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