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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: AF who wrote (84090)	2/23/2000 12:01:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

TROY is a very good one, forget the dips. Troy has built this strong business around a strong core business, and they continue to run businesses independently.'' You found one here this is NOT a one day wonder and fulfills the criteria of a highly ranked EPS stock with good relative strength. Alert: Troy Group Q4 Dil Shr Profit $0.21 Vs Loss $0.04 (NasdaqNM:TROY).. This is a classic "Gem" glad you called attention to it. Net sales for the fourth quarter increased 123 percent to $17.7 million compared with $7.9 million for the fourth quarter of the previous year. Net income for the fourth quarter increased 306 percent to $2.3 million, compared with the pro forma net income, on a comparable basis, of $574,000, for the same period in 1998. The 1998 results of $574,000 include an add back of $857,000 related to purchased in-process research and development on an acquisition. On a diluted basis, earnings per share for the fourth quarter ended Nov. 30, 1999, increased 200 percent to 21 cents per share from 7 cents per share, on a comparable basis, for fiscal 1998. Diluted earnings per share for the fourth quarter reflect an increase in the number of shares resulting from the company's initial public offering. For the year ended Nov. 30, 1999, net sales increased 64 percent to a record $58.6 million from $35.8 million for fiscal 1998. Net income for fiscal 1999 rose to $5.8 million, an 81 percent increase over the prior year's pro forma net income, on a comparable basis, of $3.2 million. On a diluted basis, earnings per share were 64 cents for the year ended Nov. 30, 1999, up 52 percent, compared with 42 cents per share, on a comparable basis, for fiscal 1998. TROY Group Chairman and CEO Patrick Dirk commented, ''We are very pleased to complete fiscal 1999 with record revenues and earnings growth. Given the tremendous success of our eCheck Secure(TM) solution (www.echecksecure.com) at Ameritrade and the high level of interest from potential customers for the product, the company remains on course to become a leading worldwide provider of e-commerce solutions.'' Dirk added, ''The company is providing eCheck Secure to several large e-commerce markets that include business to consumer, financial services, business to business and education. In the coming weeks, we expect to make additional announcements that will describe eCheck Secure's applications across various vertical markets. We are continuing to invest the resources necessary to gain market share and brand identity.'' TROY Group (www.troygroup.com) is recognized as a worldwide leader in payment systems. The U.S. Treasury has printed all its checks using TROY payment systems since 1984. TROY (Nasdaq:TROY - news) has established a number of strategic relationships with companies such as Hewlett-Packard (NYSE:HWP - news), IBM (NYSE:IBM - news), Standard Register (NYSE:SR - news) and Equifax (NYSE:EFX - news), and distributes its solutions in 55 countries. TROY's current technologies enable the company to remain on course to become a leading worldwide provider of e-commerce solutions.