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To: Steve Smith who wrote (12524)	12/2/1999 12:43:00 AM
From: Dale Baker	Respond to of 118717

FFTI earnings compared to estimates (from Yahoo): Inside the Numbers... by: PMKwatcher 12/1/1999 7:54 pm EST Msg: 1513 of 1521 First Union forecasted EBITDA Margins of 6.6% for the quarter. FFTI showed 9%. First Union forecasted operating margins of 6.5% for the quarter. FFTI showed 7%. First Union called for $60.5 million in Revenues. FFTI did $66 million!!! First Union forecasted Book Value of $5.20 per share. FFTI now has a Book Value of $5.91!!! Obviously a great quarter. Most Importantly: "4Front continued to successfully develop its close relationship with leading industry partners, such as Siemens and IBM, and acquired important new industry partnerships with companies including Sun, Vignette, Checkpoint, Veritas and Citrix."