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Technology Stocks : WBSN - Websence
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To: RMP who wrote (2)7/23/2002 5:18:17 PM
From: RMP   of 8
 
Looks like we had some nervious selling today.

4:23PM Websense beats by $0.03; guides above consensus (WBSN) 18.14 -3.05: Reports Q2 pro forma net of $0.16 a share, $0.03 better than the Multex consensus, vs yr-ago EPS of $0.01. Revs rose 77% to $14.6 mln (consensus $14.58 mln). Puts Q3 at $0.15-$0.16 (consensus $0.12).

After hours the stock is improving.

I particularly like that the company invested more than $2.5 million, or 18 percent of revenue, in research and development during the quarter.

Anyone listen to the CC?
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