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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: TraderXx who wrote (69847)	11/4/1999 10:06:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Another interesting one. FUSA.. possibly the most spammed stock, granted, but it is going up. Is there a real story here? Or is this another POS stock? It was upgraded after the third consecutive increase in revenues. Fotoball is a leading provider of custom/specialty sports and non-sports related balls. These products are sold in the licensed product retail market through a nationwide network of over 3,000 retailers including Target, Sears, Wal-Mart, Toys R Us, and JC Penney. Additionally, the company provides custom sports and non-sports related products for corporate promotions and non-licensed specialty sports products to corporations for resale, including sales to amusement parks and entertainment related companies. The company currently holds licenses with Major League Baseball Properties and Major League Baseball Players Association, NHL Enterprises and National Hockey League Players Association, National Football League Properties and NFL Players Inc., over 300 NCAA colleges and certain entertainment properties including Warner Bros. Looney Tunes®, Nickelodeon's ''Rugrats'' and ''Blue's Clues'' characters, United Media's ''Peanuts'' and Disney's ESPN®.

To: TraderXx who wrote (69847)	11/4/1999 10:37:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

Earnings out for VSEA.. 209.238.58.46 positive quarter when negative expected. stock up 33% after last report Actual earnings: 0.07 versus expected: -0.03 Varian Semiconductor Equipment Associates' FY 1999 Annual and Fourth Quarter Results Reflect Strong Demand GLOUCESTER, Mass.--(BUSINESS WIRE)--Nov. 4, 1999--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news) today announced results for the fourth quarter and full year of fiscal 1999, ended October 1, 1999. Fourth quarter revenues totaled $107.5 million, up 157 percent from $41.8 million in the previous year's same quarter. Included in fourth quarter revenues is approximately $22 million ($0.43 per share after taxes) of nonrecurring royalty income. As previously disclosed, that nonrecurring royalty income is related to a licensing agreement between Tokyo Electron Ltd. and Varian Semiconductor. Excluding that $22 million, revenue for the quarter rose 105 percent over last year's fourth quarter. The quarter's net income of $16.1 million, or $0.50 per diluted share, compared with $0.49 per share net loss in the same quarter of the previous fiscal year. For the full fiscal year, revenues were $271.9 million, compared with $342.9 million in the previous fiscal year. The net loss for fiscal 1999 was $13.2 million, or $0.43 per share, compared with earnings of $11.4 million, or $0.37 per diluted share in the previous fiscal year. Richard A. Aurelio, Varian Semiconductor's president and chief executive, said ''We continued to see a significant rise in demand for our ion implantation equipment during the quarter, and our results confirm industry forecasts that suggest continued improvement. Market trends, including interest in sub-0.18 micron, 300 millimeter and single-wafer advantages, are favorable for our new products. The VIISta 810, a 300-millimeter medium current implanter, which exceeds the performance of our own industry-leading product, and the VIISta 80, the world's first 300-millimeter single-wafer, high current implanter, are performing well in customers' production and development environments.'' Aurelio also explained, ''the company is making satisfactory progress toward increasing its gross margins, despite temporary increases in the cost of expediting materials. We are also incurring additional expenses for hiring and training new employees to support business growth.'' ''Continued recognition by our customers and the industry of both our winning customer satisfaction strategies and our commitment to technologically advance ion implantation capabilities supports our expectations of strong growth in the coming year,'' Aurelio said. Until April 2, 1999, the company operated as part of Varian Associates, Inc., which spun off 100 percent of Varian Semiconductor as a separate publicly traded company. Varian Semiconductor is no longer affiliated with Varian Medical Systems (formerly, Varian Associates) or Varian Instruments, which was also spun out of Varian Associates. The financial results of the fiscal year ended October 1, 1999 encompass the operations of the semiconductor equipment business of Varian Associates and the company's stand-alone financial results since April 2, 1999.