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Technology Stocks : USWeb (USWB)

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To: Paul S. who wrote (680)3/2/1999
From: Jeffrey D  Read Replies (1) of 1188
 
Looks like Shaw and the management group have a well thought out business plan in place for Shaw to make these comments. Note operating margin last quarter was 10% with analyst expectation of 8%.... Prepare for blast off tomorrow. Jeff

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USWeb/CKS Looks to Post 15% to 17% Operating Margin

Snowbird, Utah, March 1 (Bloomberg) -- USWeb/CKS Group Corp., an Internet-marketing and Web-design company, said it's shooting for operating margins of 15 percent to 17 percent by the end of this year, Chief Executive Robert Shaw said.

The company said it is aiming for a 13 percent to 15 percent increase in sequential quarterly revenue. It's also trying to achieve a 60 percent to 70 percent increase in annual revenue.

Shaw said the Santa Clara, California-based company is about to enter the Asian-Pacific market, though he declined to give more details.

Shaw spoke at Hambrecht & Quist Group's Planet.Wall.Street Internet conference in Snowbird, Utah.
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