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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: Jenna who wrote (82561)	2/10/2000 3:40:00 PM
From: SMALL FRY	Respond to of 120523

JAKK - thank you for this Gem... in at 19. SF

To: Jenna who wrote (82561)	2/10/2000 4:51:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

SCAI reported in the morning, but it didn't move all that much after what looks like a pretty good report. Good thing is that I don't think it will tank tomorrow, and that leaves me one less 'hold through earnings'..I almost never hold a stock the day AFTER earnings come out (usually it sells off the next day)..in some cases it has a delayed positive reaction. Only cases when the stock has sold off, did not have much positive anticipation will it continue up the very next day. e-Commerce Projects on Track; Company Builds an Industry Leadership Position; Sanchez Posts 28 Percent Revenue Increase for 1999 MALVERN, Pa., Feb. 10 /PRNewswire/ -- Sanchez Computer Associates Inc. (Nasdaq: SCAI - news) today announced a 28 percent increase in revenues for the year ended December 31, 1999, compared to the year ended 1998 with revenues rising from $44.1 million to $56.4 million. Citing the transition from a license revenue model to utility pricing as well as strategic investments required to accommodate the growth connected with the company's e-commerce initiatives, Sanchez' net earnings for the year ended 1999 were $5.2 million or $.20 per diluted share compared to 1998 year-end net earnings of $7 million or $.29 per diluted share. The company posted revenues of $15.4 million for the 1999 fourth quarter -- a 25 percent increase over 1998 fourth quarter revenues of $12.3 million. Net earnings for the 1999 fourth quarter were $302,000 or $.01 per diluted share compared to 1998's fourth quarter net earnings of $2.4 million or $.10 per diluted share. Revenues from services increased on a year-to-year basis as the company and its e-PROFILE(TM) subsidiary undertook several e-commerce initiatives. Service revenues for 1999 increased 135 percent over service revenues from 1998, rising from $11.6 million to $27.2 million. ''Sanchez' leading technologies and e-PROFILE's end-to-end financial services outsourcing opportunity continue to attract the attention of the world's top financial institutions -- the large aggregators of financial services -- who want to establish Internet and direct banks,'' said Frank R. Sanchez, the company's CEO. ''Our sales pipeline is at an all-time high and implementation activity from our e-commerce initiatives remains on track. As a result, we continue to generate strong service revenues from e-commerce implementation projects underway for several large financial services firms. In addition, as we build our e-commerce client base and our clients grow their Internet and direct bank customer account bases, the recurring revenue bases for both Sanchez and e-PROFILE will also grow.