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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 (100140)	6/1/2000 12:29:00 PM
From: Frederick Langford	Read Replies (1) \| Respond to of 120523

Datalink <DTLK> Named a Hot Growth Company by Business Week and Receives No. 2 Ranking in NetworkWorld Top 50 Business Editors MINNEAPOLIS--(BUSINESS WIRE)--June 1, 2000-- Datalink Ranked No. 30 in Business Week List; NetworkWorld Ranks Companies Based on Revenues per-employee Datalink Corporation (NASDAQ:DTLK), a leading, independent networked storage solutions provider, has been named to Business Week's list of 100 Hot Growth Companies. Datalink ranks 30th on the list, which appears in the magazine's May 29, 2000 issue. "The Business Week recognition of Datalink is a terrific message to our employees, customers and shareholders," said Greg Meland, Datalink's President and Chief Executive Officer. "We're in an era where rapid company growth is now the expected norm. Our revenue, earnings and return on capital in recent years are statistics we're proud to own. This recognition is testament to our own hard work, ability to lead in our category, and commitment to give clients the best-in-class storage solutions they demand." Business Week editors select the Hot Growth Companies based on their three-year results in sales growth, earnings growth, and return on invested capital. Datalink's sales and earnings for the most recent 12 months totaled $121.2 million. Earnings during the same period totaled $6.3 million. Return on capital totaled 51.5 percent over a three-year average; 1997, '98, and '99. In a separate report from a leading technology trade publication, NetworkWorld, Datalink placed among the top 50 companies for revenue per employee. In 1999, Datalink's per-employee revenue totaled $880,719, placing the company at number two on the NetworkWorld list behind Apex PC Solutions and ahead of mega-corporations like Dell, Apple and Microsoft. Today, Datalink employs more than 170 people at 21 locations in the U.S. Fred