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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: John Sikora who wrote (9938)3/10/1998 10:59:00 AM
From: Colin Christie  Read Replies (1) | Respond to of 13949
 
COSI Q1 Net (continuing ops) $0.13 vs consensus estimate of $0.06!
They also had a gain of $3.1 million from shedding of their Payroll Division...more resources to focus on Y2K! Excellent quarter...up from here!

(see quote.yahoo.com

>Net income from continuing operations increased to $490,538, or
>$0.13 per share ($0.11 diluted), during the first quarter of fiscal
>year 1998, versus net income from continuing operations of $51,839,
>or $0.01 per share ($0.01 diluted), in the prior-year period. In
>addition, during the most recent quarter the Company realized a
>pretax gain of approximately $3.1 million ($1.6 million net of
>taxes), or $0.42 per share ($0.36 diluted) from the sale of its
>Payroll Division to Zurich Payroll Solutions LTD.



To: John Sikora who wrote (9938)3/10/1998 2:31:00 PM
From: Nanda  Respond to of 13949
 
John, nothing wrong with the earnings. A good stock if you already own it at a lower price basis. I do not see an explosion here but I have been wrong before.