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Technology Stocks : Primus Telecommunications
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To: TERPJIM who wrote (78)5/9/1998 1:26:00 PM
From: Ronald G.   of 124
 
For those who have not yet heard, Primus released its quarterly financials on May 5th. The release I received showed record net revenues of $80.1 million for the first quarter, up 36% from last year, and record gross margins of 14.2% ($11.3 million), up 183% from last year. Item by item looked very positive and leads me to believe the recent dips are pure profit taking. There was also a conference call with Primus executives, which can be replayed for anyone interested by calling The Financial Relations Board at (212) 455-0930.
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