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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: 200ma who wrote (7359)	12/28/2000 3:58:22 PM
From: Sir Auric Goldfinger	Respond to of 19428

DJ EPlus Up; New Guidance Still Short Of Last Year>PLUS 12/28/0 15:3 (New York) By Hollister H. Hovey Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Investors added a big chunk of dough to ePlus Inc.'s (PLUS) stock Thursday after the company offered Wall Street a strong outlook for this and next quarter. The Herdon, Va., provider of supply chain and asset management electronic-business services said Wednesday it expects its fiscal third- and fourth-quarter results to exceed analysts' estimates, as lower-than-expected expenses boost its margins. The stock catapulted as much as 87% following the news. Company officials weren't immediately available for comment. For the third quarter ending Dec. 31, ePlus estimates it earned 16 cents a share. Analysts had expected the company to post profits of 11 cents a share. For the fourth quarter, ePlus expects to earn 16 cents a share, compared with analysts' projections of 10 cents a share. Even with the bar raised, this fiscal year's figures are set to fall short of last year's results, however. EPlus earned $2.4 million, or 26 cents a share, on revenue of $76.2 million in the third quarter of last fiscal year. For last fiscal year's fourth quarter ended March 31, 2000, ePlus earned $2.4 million, or 25 cents a share, on revenue of $77.4 million. EPlus recently traded up $4.75, or 61%, at $12.50 on volume of 426,600 shares. Average daily volume is 24,700 shares.