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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 (118844)12/12/2000 11:30:14 PM
From: Jenna  Read Replies (2) of 120523
 
NTOP..great earnings announcement. Its up a lot in after hours, but probably has even more upside? Can this bode well for our other earnings plays? Well this could be a better break than all the limpid political news. We will focus on some of the other earnings plays tomorrow as well as some other new plays.



December 12, 2000 4:56pm

Net2Phone hurdles estimates in first quarter

By Larry Barrett ZDII


Net2Phone topped analysts’ estimates in its first quarter Tuesday but it still posted a loss of $14.7 million, or 25 cents a share, on sales of $30.8 million.

First Call Corp. consensus expected the Internet telephony firm to lose 30 cents a share in the quarter.

Net2Phone (Nasdaq: NTOP) shares closed off $1.38 to a 52-week low of $9.75 ahead of the earnings report.
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