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

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To: Judy who wrote (12876)8/11/1998 12:00:00 PM
From: Jenna  Read Replies (1) of 120523
 
OZEMY up 3 at the its high this morning. I wasn't at first impressed with their figures, but in the hullaballo this morning and my tracking the OEX puts, I didn't notice OZEMY.. Did real well.

OzEmail Reports Second Quarter Results

Announces Public Financing and Addition of Interline Management and Affiliates

SYDNEY, Australia, Aug. 10 /PRNewswire/ -- OzEmail Limited (Nasdaq: OZEMY), the leading
provider of comprehensive Internet services in Australasia, today released its results for the second quarter ended June 30, 1998.

Revenues for the second quarter of 1998 were A$27,402,000 (US$16,567,000), an increase of 109.5% over 1997 second quarter revenues of A$13,077,000 (US$9,714,000). The growth in
revenues is primarily attributable to increased dial-up and permanent connections from OzEmail's Australian Internet connectivity business and the November 1997 acquisition of Access One.
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