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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Stress who wrote (64961)10/7/1999 10:05:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
<<shorts RHAT, NTOP from yest. are doing fine>> shorted HOMS, BVSN (14 period hold), out NSOL,BRCM, .. just as planned. buy triggers ADRX. stock #3 today's WL. Strength: DISH, Earnings Plays: INFS up 3 1/2 (2point gap up 1 11/16 above that already)

Infocus Systems Announces Strong Third Quarter Results
Revenues Exceed $100M -- 33% Growth Over Third Quarter 1998
WILSONVILLE, Ore.--(BUSINESS WIRE)--Oct. 7, 1999--InFocus® Systems, Inc. (Nasdaq:INFS - news), today announced better than expected third quarter results with revenues of $100.4M and earnings of $.31 per share.

Third quarter revenues of $100.4M increased 33% from $75.3M in third quarter 1998 and 8% above second quarter 1999 revenues. ''Demand for our products continues to be strong, especially in the fast- growing ultra-portable segment of the market,'' said chairman, president and CEO, John V. Harker. ''More and more business travelers are utilizing our lightweight projectors as companion products to their laptop computers.''