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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: Susan G who wrote (107709)	7/14/2000 11:50:11 AM
From: SMALL FRY	Respond to of 120523

SQST - looks very good you temptress, you! If I wasn't up to my neck with stocks right now I'd get it. I'm trying to keep some powder dry for next week... sure look good for a week trade though. Whew! Nice chart! Almost like my ELNK... same price range. SF

To: Susan G who wrote (107709)	7/14/2000 12:00:08 PM
From: nokomis	Read Replies (2) \| Respond to of 120523

Susan - just noticed STMP up 10% today...had less than expected loss. How does it look on your QCharts @ 6 1/2 ? ..still watching at this point

To: Susan G who wrote (107709)	7/14/2000 12:14:13 PM
From: nokomis	Read Replies (1) \| Respond to of 120523

Stamps.com CEO says enterprise transactions drove Q2 revenues 15:50 By Cheri Paquet McLane, BridgeNews Boston--July 14--The key to online postage provider Stamps.com's earnings growth is the growing number of enterprises that are claiming control over their mailing and shipping expenses, said Chief Executive Officer John Payne during a conference call Thursday. This trend is enabling Stamps.com to rapidly develop targeted, Web-based postage services. * * * The Santa Monica, Calif.-based company announced Thursday second-quarter revenues of $3.7 million, up 80% from the previous quarter. Net losses excluding non-cash charges totaled $34.4 million, or 72 cents per share, beating First Call's consensus estimate for an 82-cent loss per share. Stamps.com closed its latest quarter with $333.6 million in cash and short-term investments. Payne said that he expects the company to be cash flow and EPS positive by the second quarter of 2002. Analysts tuning into the call raised concern with Stamp.com's falling short of the $4 million quarterly revenue expectations by about $300,000. The company said it missed the mark due to its conservative accounting practices in recording revenue. By this time next year, Stamps.com expects to raise quarterly revenues by almost 40% through its marketing, increased online postage use, and reduced customer acquisition costs. <21> In its second quarter, enterprise business sales accounted for about 40% of In its second quarter, enterprise business sales accounted for about 40% of Stamp.com's $3.7 million in quarterly revenues, said Payne. The company charges businesses a transaction fee for each package shipped. Stamps.com operates three business units--mailing, shipping and enterprise-- to provide e-services that allow small businesses, large corporations and e-commerce companies to control costs and manage their mailing, shipping and returns operations. It has forged alliances with the U.S. Postal Service and United Parcel Service (UPS) and other carriers, including FedEx, Airborne Express and Yellow Freight. In its third operational quarter, Stamps.com successfully switched gears from marketing to selling, said Payne. During the quarter the company established a direct sales force with "200 feet on the street," he said, adding that providing customers with better information upfront will reduce customer support costs down the road. The company now has about 350,000 customers, including Mailboxes etc., Hilton Hotels and Domino's Pizza. "We are less than one year old, but it feels like we have cracked the online <37>postage code, especially in the small-business space," Payne said. postage code, especially in the small-business space," Payne said. Stamps.com penetrated law channels in it latest quarter and will seek opportunities in new vertical markets, such as hospitality, travel and insurance in quarters to come, Payne said. Stamps.com aims to tackle the logistic fulfillment problems of e-commerce initiatives, including auctions, exchanges and e-catalog orders. One of its near-term goals is to reduce customer acquisition costs to $125 to $150. Stamps.com's nearest competitor remains Pitney Bowes Inc., which recently rolled out its online postage offering, ClickStamp Online, targeted at low-end consumers. End. Notice: As a Bridge client, you can get information about the new BridgeNews Information Economy Daily newsletter and set up a free trial email subscription <50>by clicking products.bridge.com. by clicking products.bridge.com. Bridge News, Tel.: 617-737-8213 Send comments to Internet address: equity@bridge.com [symbols:US;STMP] [symbols:US;STMP]