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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: Sosmartinov who wrote (72264)11/18/1999 2:00:00 PM
From: Northern Cougar  Read Replies (2) | Respond to of 120523
 
Sos..<LOL> Getting rich is not a bad start for fun<VBG>
:)N.C.



To: Sosmartinov who wrote (72264)11/18/1999 2:07:00 PM
From: kendall harmon  Read Replies (1) | Respond to of 120523
 
PKSI good chart and good news

<<Primus Knowledge CEO Expects Profit in 2000: Bloomberg Forum
New York, Nov. 17 (Bloomberg) -- Primus Knowledge Systems
Inc., which automates corporate service and support desks,
expects to turn a profit by the end of next year, said Chief
Executive Michael A. Brochu.

Primus is building up a rich base of customers, including
3Com Corp., Sprint Corp. and Lucent Technologies Inc., Brochu
said. The pace should be enough to turn a profit soon, he said.
''We have a very good business model behind us,'' he told
the Bloomberg Forum.

Seattle-based Primus has lost about $32 million since its
inception in 1994, though it has pared its quarterly losses this
year. The third-quarter loss narrowed to $1.2 million, or 9 cents
a share, from $3.2 million, or 38 cents, a year earlier.
Revenue almost tripled to $6.3 million from $2.2 million.
''We expect consistent quarter-over-quarter, year-over-year
growth,'' said Brochu, 46. ''We expect a number of new deals this
quarter.''

Primus sells its Solution Series software, which customers
tailor with specific product information, for an average price of
$400,000. Generally, Brochu said, customers must pay as much as
40 percent more on services.

Primus's software lets companies set up sites on the World
Wide Web that lets customers tap directly into product service
information or e-mail help desks around the clock. In some cases,
the information a customer seeks can be automatically sent,
without any human involvement.
''Our software helps customers solve their problems,'' he
said. ''Customers are willing to solve their problems if the
technology is intuitive, it's easy and it's effective.''

3Com, whose Palm products are the best-selling line of
handheld organizers, uses Solution Series to provide service and
product information to consumers. The software also provides
information to professionals seeking data about the company's
network communications products, he said.
''Once knowledge has been 'seeded' into the software; you
don't need to have people involved,'' the CEO said.

Primus raised $40.9 million in its initial public offering
in June. The company had about $48 million in cash and securities
available on Sept. 30, which Brochu said may be used for
acquisitions.

None are planned right now, he said, ''because valuations
are extremely high.'' Primus shares have quadrupled since the
IPO.>>