Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hobie1Kenobe who wrote (58789)	5/27/1999 7:08:00 AM
From: trenzich	Read Replies (1) of 164684

A Net Company That's Actually Profitable By Timothy Middleton multex.com You want something unusual? How about an Internet company that actually turns a profit. INFORMATION RESOURCE ENGINEERING (IREG), which provides secure network communication systems to financial institutions and e-commerce sites, has turned the profit corner, according to Robert Schroeder, senior equity analyst for Taglich Brothers D'Amadeo Wagner & Co. in New York. "It's a leading player in the virtual private network market," he said. The company supplies its encryption chip to NORTEL COMMUNICATIONS (Vancouver Stock Exchange: NTE) and CISCO SYSTEMS (CSCO), thus gaining 75% penetration of the market. INFORMATION RESOURCE ENGINEERING, based in Baltimore, Md., posted a loss for FY98 of $0.30 per share. This year, Mr. Schroeder expects the company to post EPS of $0.28 per share. For FY00, he forecasts EPS of $0.70 per share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next