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To: Jenna who wrote (45843)	6/22/1999 4:33:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

KBH and MANU... KBH one I thought we would watch: Kaufman & Broad profits soar as boom continues LOS ANGELES, June 22 (Reuters) - Homebuilders Kaufman and Broad Home Corp. said on Tuesday second-quarter net income rose 66 percent to a record $28.6 million, beating Wall Street estimates, due to higher construction volume and increased income from mortgage banking operations. The Los Angeles-based home builder posted earnings of 58 cents per share for the quarter vs. 42 cents a share, or $17.2 million, a year earlier. Wall Street analysts' consensus estimate for the quarter was 55 cents a share, according to First Call, which tracks such forecasts. Revenues rose 60 percent to $862.3 million from $537.5 million a year ago. "Our second quarter 1999 results reflect strong organic growth, supplemented by growth from recent strategic acquisitions, and was fueled by the overall strength of the housing market," said Chairman Bruce Karatz. "Net orders are strong across the board, and we see no evidence of adverse effects from the recent increase in interest rates," Karatz said. Manugistics Posts Positive First Quarter Results ROCKVILLE, Md., June 22 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU - news), today reported quarterly revenues and earnings for the three- month period ended May 31, 1999. Manugistics generated revenues of $39.2 million for the quarter ended May 31, 1999. The Company reported net income for the quarter of approximately $0.4 million, or approximately $0.01 earnings per basic and diluted share, compared to a net loss of $8.5 million or $0.33 loss per basic and diluted share in the quarter ending May 31, 1998. ''With our return to profitability in the first quarter, we believe that we are turning the corner and are well positioned for the future. We are pleased that our positive performance reaffirms the confidence of our customers, employees, and partners. Building on this momentum, we intend to move swiftly to energize the company by adding new talent, delivering enhanced solutions, and creating a world-class sales organization,'' said Greg Owens, president and chief executive officer of Manugistics

To: Jenna who wrote (45843)	6/22/1999 4:55:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

COOL, Cyberian Outpost Reports Fiscal 2000 First Quarter Financial Results; Outpost.com Net Sales Increase 183% in First Quarter KENT, Conn., June 22 /PRNewswire/ -- Cyberian Outpost, Inc. (Nasdaq: COOL - news), a leading global Internet retailer of computer hardware, software and accessories, today announced financial results for the first quarter ended May 31, 1999. Net sales for the first quarter of fiscal 2000 were $32.7 million, an increase of approximately 183% over net sales of $11.6 million for the same quarter last year. Gross profit for the quarter increased to $3.4 million, with gross margin of 10.4%, up from gross profit of $1.0 million and gross margin of 9.0% in the first quarter ended May 31, 1998. Gross margin also improved on a sequential basis, up from 9.7% in the prior quarter. The Company reported a first quarter net loss of $8.9 million, or a basic and diluted net loss per share of $0.38, compared to a net loss of $4.2 million, or a basic and diluted net loss per share of $0.69, for the same quarter last year. On a pro forma basis, basic and diluted net loss per share were $0.38 and $0.25, for the quarters ended May 31, 1999 and 1998, respectively. Outpost.com achieved solid customer growth, ending the first quarter with approximately 331,000 customers in over 150 countries, an increase of 18% over the fourth quarter of fiscal year 1999. Purchases from existing customers remained very strong, with repeat buyers accounting for approximately 43% of net sales in the first quarter.