Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL -- Ignore unavailable to you. Want to Upgrade?

To: Peter R Smith who wrote (48)	1/18/1998 11:52:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 728

a short s and p report on sabre......... Revenues from electronic travel distribution services accounted for about 70% of total revenues in the first half of 1997, and were bolstered by an increase in booking volumes, both domestic and international, and by an overall increase in the price per booking charged to associates. Revenues from information technology solution services contributed about 30% of total revenues in 1997's first half, and are rising at a slower rate than travel services. Following the October 1996 initial public offering, AMR Corp. owns all of TSG's Class B common stock, which represents nearly 98% of the combined voting power. Operation Review 08-OCT-97 <Picture> Total revenues in the first half of 1997 rose 5.8%, year to year, on a 7.4% gain in electronic travel distribution revenues coupled with a 2.4% rise in revenues from information technology solutions. Margins narrowed due to an increase in salaries and benefits and various other operating expenses; the gain in operating income was held to 1.6%. A 136% rise in interest expense was offset by sharply higher interest and other income. Net income advanced 5.2%, to $125,221,000 ($0.96 a share), from $119,050,000 ($0.91, pro forma). The pro forma earnings for the 1996 period are calculated as if the October 1996 initial public offering had occurred at the start of 1996. Stock Performance 09-JAN-98 <Picture> In the past 30 trading days, TSG's shares have increased 8%, compared to a 3% fall in the S&P 500. Average trading volume for the past five days was 89,220 shares, compared with the 40-day moving average of 88,197 shares.