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Technology Stocks : LOCKHEED MARTIN, (LMT)
LMT 484.98-0.6%Nov 4 3:59 PM EST

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To: Wally Mastroly who wrote (542)4/23/1999 12:40:00 AM
From: carlos jeanpierre  Read Replies (1) of 732
 
As I read CQ earnings report. I see no growth and the only way they can make money is by selling stock.
They sound alot like lockheed.Lockheed martin
spent 16 mil to lose 23mln in some kind of information technology . Give it up already.
I just get this sick feeling when I try to be upbeat about LMT.

What we are trying to say is we are loosing money

COMSAT Corp Posts $0.23 vs. $0.07 1Q EPS

COMSAT CORP. Interim Consol. Earns.: Mar. '99--Thou. $

3 Mos. to Mar. 31:
1999
1998
Revenues
144,500
144,700
Net income
12,000
3,900
Sh. earns. (basic):
$0.23
$0.08
* Sh. earns.:
$0.22
0.07
Note::Results for 1999 incls. a pre-tax gain of $13.1M from sale of stock in Viatel, Inc. and a charge of $1.8M
from merger costs.

* As reported on a diluted basis.

Apr. 19, 1999, COMSAT Corp., announced Mar. '99 3 mos. EPS, $0.22 vs $0.07.
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