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Technology Stocks : Creative Computers(MALL)

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To: John Martin who wrote (197)10/23/1998 2:29:00 AM
From: Kenneth Yeh  Read Replies (1) of 1634
 
I hear MALL reports Monday, October 26th for Quarter ending Sept 30th.

I can't confirm this date but that's what I heard from another board.
Also, I agree with you, most of MALL's competitors are doing great this quarter and announcing upside earnings surprises. MALL is expected to earn $0.02 per share this quarter. I believe they will do better due to the following:

Strong PC sales
- IBM, Intel, Compaq, and AMD all beat their earnings estimates this quarter. (IBM, Intel, and AMD beat their earnings estimates by a large margin and all four companies reported sequential revenue growth)

Strong Mac sales
- Apple computers SMASHED their earnings estimates this quarter.
This was mainly attributed to the strong sales of their new iMacs.
- MALL recorded and announced a $4 million order for iMacs this quarter. Revenues for this order should be recognized this quarter since the press release was announced August 24th.

Strong Growth from UBID
- The UBID division has been growing rapidly this quarter. (See the press releases on UBID this quarter) They have been growing in terms of revenue sequentially every quarter. The investment MALL has made in their UBID division should start paying off this quarter.

Strong Internet Sales
- MALL reported an increase of 101% in their Internet sales last quarter (excluding uBid's sales). I believe their internet sales will rise once again this quarter mainly due to their re-designed web sites (http://www.macmall.com, pcmall.com and computability.com).

Prospects of an uBid IPO
- MALL may announce a date for the uBid IPO in their earnings PR this quarter. This should positively affect their stock price. You can check IPO Central for more details. (http://www.ipocentral.com). The status of the UBID ipo has been changed from POSTPONED to TO-BE-ANNOUNCED.

Let's all hope MALL gives us a blockbuster earnings report. Good luck everyone.

-Kenneth
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