Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Sam Armstrong who wrote (12507)	8/4/1998 4:43:00 PM
From: Jenna	Read Replies (1) of 120523

AOL Easily Tops Analysts' Expectations, Earns 23 Cents A Share (what about the .24 whisper numbers)CSCO beats by 1 cent but both were down in after hours trading. NEW YORK -(Dow Jones)- America Online Inc. handily topped estimates for the fourth-quarter Tuesday, while revenue jumped 67% from a year ago. AOL reported operating income of $57.3 million or 23 cents a diluted share, above the 19 cents a share predicted by analysts surveyed by First Call. The results were close to the "whisper numbers" of up to 24 cents a share. The whisper number is Wall Street parlance for the last-minute, informal estimate that's privately shared among some people in the market before an earnings announcement. It usually serves as a gauge for how a stock trades after the report. A year ago the company reported operating income of $5.6 million or 3 cents a diluted share. Total revenue jumped to $792.3 million. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.

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