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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Mark Fowler who wrote (106048)	7/12/2000 7:17:18 PM
From: H James Morris	Read Replies (2) of 164684

>SOUTH SAN FRANCISCO, July 12 (Reuters) - Online publisher Actuate Corp. <ACTU.O> on Wednesday reported second quarter earnings of 8 cents a share, excluding one-time costs, and said it would split its common stock on a 2-for-1 basis. The company's 8 cents per share pro forma profit excludes amortization of goodwill and certain intangible costs and compares to a profit of 4 cents a share one year ago. Earnings exceeded financial analysts' forecasts of a profit of 6 cents per share, according to estimates from investment research firm First Call/Thomson Financial. Quarterly revenues rose to $24.4 million from $9.8 million in the same quarter last year. Including the one-time costs in both quarters, Actuate earned 2 cents a share in the second quarter vs. 3 cents one year ago. The company also said it is splitting its common stock on a 2-for-1 basis, payable on or about Aug. 14 to shareholders of record on Aug. 7. Actuate offers products and services that help company post business information on Web sites. 16:47 07-12-00

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