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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders

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To: Jenna who wrote (290)3/15/2001 12:10:27 AM
From: Jenna  Read Replies (1) of 589
 
<font color=purple> &#9658;(FDS) Fact Research

one of the very few we had on our Wednesday list filtered for high growth earnings play list. This one has been an earnings play for a number of years and has performed admirably. Our little group is going to spend a lot of time filtering for strong stocks that are NOT already near their highs for recovery. The kind of company we will be looking is like CANI, VRTY... strong earnings growth sequentially but technically weak due to the current market conditions. WE comb for these so we can get the strongest GROWTH and technically sound stocks.

FactSet Research Systems Reports a 35.1% Rise in Net Income for Second Quarter of Fiscal 2001
TUESDAY, MARCH 13, 2001 7:30 AM
- BusinessWire

GREENWICH, Conn., Mar 13, 2001 (BUSINESS WIRE) --

FactSet
Research Systems Inc. (NYSE: FDS), a major supplier of computer-based
financial and economic data to the investment community, today
announced record results for the second quarter of fiscal 2001, which
ended February 28, 2001.
Revenues for the quarter grew 32.1% to $42.9 million. Operating
income rose 35.6% to $12.5 million. Net income, prior to recognition
of a non-recurring tax benefit in the second quarter of fiscal 2000,
advanced 35.1% to $8.4 million and diluted earnings per share
increased 33.3% from $0.18 to $0.24. The percentage increases after
inclusion of the non-recurring tax benefit were 14.5% for net income
and 14.3% for diluted earnings per share.
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