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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (8824)5/1/1998 3:08:00 PM
From: Jenna  Read Replies (1) of 120523
 
DANIEL RECORDS SUBSTANTIAL INCREASE IN REVENUES AND
EARNINGS .. This was on my earnings watch list for next week. I guess you can scratch this and wait for pullback.

HOUSTON, April 30 /PRNewswire/ -- Daniel Industries, Inc. (NYSE: DAN)
recorded net income of $3.7 million, or $.21 per share, for its first
quarter ended March 31, 1998 compared with net income of $.7 million,
$.04 per share, recorded for the same quarter of 1997. Revenues for
the 1998 quarter totaled $67.2 million, 14% higher than revenues of
$58.9 million for the same period a year ago. (All per share amounts
are based on diluted shares.)
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