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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Panita who wrote (73326)	2/10/2000 8:20:00 AM
From: puborectalis	Read Replies (2) \| Respond to of 108040

HRBC earnings and Vulcan Venture investment bode real strong........Harbinger will see lots of action Thursday after the business-to-business software developer met Street estimates in its fourth quarter, raking in $2.7 million, or 7 cents a share, on sales of $42.4 million. Analysts raised their collective estimate to 7 cents a share earlier this quarter after Harbinger pre-announced better-than-expected sales. ALSO from YAHOO thread............Info on HRBC by: bigbrother_50 2/10/00 7:55 am Msg: 5219 of 5219 Over the past three months, institutions have added over 3million shares of HRBC. This information is posted many places including Yahoo/Profile. As for those who thought that HRBC will drop because the ONLY met analyst numbers, well, those numbers were increased about 45 days ago when HRBC announced that they will meet or exceed analyst numbers. HRBC did not meet OLD analyst numbers, they topped those and met the even HIGHER analyst numbers. If HRBC has low volume today, you can bet that the price can be played with to get your shares. If volume is heavy (as I expect) - then the price will increase pretty dramatically. I think many there are still a lot of people who bought HRBC at higher prices and will sell into the gains today. But, I will be watching for those buys of 10K or more. The press release about the vertical market deal will shoot HRBC to 2-3 times the current price by next quarter. That is my take of the whole story anyway. Its shares closed off 1 1/16 to 23 ahead of the earnings report. "We completed another record quarter and we are beginning to see the results of a full-year's focus on our key operational initiatives," said CEO James Travers in a prepared release. The $42.4 million in sales marks a 16 percent improvement from the year-ago period when it earned $3.3 million, or 8 cents a share, on sales of $36.5 million. For the year, Harbinger pulled in $10.7 million, or 26 cents a share, on sales of $108.7 million compared to a profit of $15.3 million, or 36 cents a share, on sales of $88 million in fiscal 1998.