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Technology Stocks : Firstwave Technologies, Inc. (FSTW)

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To: McNabb Brothers who wrote (228)1/5/1998 4:27:00 AM
From: P. Ramamoorthy  Read Replies (1) of 1205
 
Hank -
The news release implies that revenue growth is over and above (Netgain acquisition + expense controls). After the one-time Netgain acquisition charge, eps for the last quarter may be nagative? Any comments? Ram

>>>Brock International, Inc. (Nasdaq: BROC - news) expects to report operating earnings (before a one-time charge related to an acquisition) between $50,000 and $150,000 ($.01 to $.03 per share) for the quarter ending December 31, 1997. The company also expects revenue growth over the $4.7 million reported for the comparable quarter of 1996. These preliminary results exclude the charge for the acquisition of Netgain Corporation effected December 31, 1997. This anticipated improvement over analysts' expectations is due to increased license revenues and expense controls. <<<
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