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Technology Stocks : Ezenia! (VSVR)

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To: Jack Mills who wrote (793)	4/14/1999 7:55:00 AM
From: margin_man	Read Replies (1) of 890

From CBS MW: VideoServer Inc. (VSVR: news, msgs) shares closed up 27 percent on positive earnings news and an upgrade. The company posted first-quarter net income of $1.33 million, or 10 cents a share, compared to a net loss of $1.29 million, or 10 cents a share. The report came in a penny ahead of the consensus estimate of 9 cents a share. Revenue increased to $16.5 million compared to $11.7 million in the year-ago quarter. H.C. Wainwright upgraded its rating of the network conferencing services company to "buy" from "accumulate." Shares rose 2 1/4 to 10 11/16.

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