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

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To: Susan G who wrote (25234)2/17/1999 12:42:00 PM
From: Burjis S.  Read Replies (1) of 120523
 
Susan.... GPS doing well and also news on ITDS, this one should be noticed very soon by the big boys will cont to hold for a while and watch..................
ITDS ANNOUNCES FOURTH QUARTER RESULTS
STAMFORD, Conn., Feb. 16 /PRNewswire/ -- International Telecommunication Data Systems, Inc. (Nasdaq: ITDS), a leading provider of customer care and billing services to wireless communications carriers and resellers, reported that revenue for the fourth quarter ended December 31, 1998 rose to a record $33.3 million from $6.8 million in the fourth quarter of 1997. The results include the Company's January 2, 1998 acquisition of Intelicom, formerly the wireless billing unit of Computer Sciences Corporation.

Earnings for the fourth quarter of 1998 were a record $4.1 million or $0.23 per diluted share, compared to $1.4 million or $0.11 per diluted share in the fourth quarter of 1997. The diluted weighted average number of common shares outstanding for the fourth quarters of 1998 and 1997 were 18.0 million and 13.4 million, respectively.
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