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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (6528)	3/26/1998 8:54:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

SHRP..Reports Excellent 4th Quarter Results AndProfitable Year On Stronger <SHRP.O> Look for positive activity in this one and BKST.. another stock in the same sector. Reports Excellent 4th Quarter Results And Profitable Year On Stronger Sales SAN FRANCISCO--(BUSINESS WIRE)--March 26, 1998--Sharper Image Corp. (NASDAQ/NMS:SHRP) today reported markedly improved earnings on higher revenues for the year and fourth quarter ended Jan. 31, 1998. Richard Thalheimer, founder, chairman and chief executive officer noted that, "The higher sales and improved earnings were driven by solid gains in key operations of the company led particularly by an increased selection of Sharper Image Design(tm) proprietary products during the 4th quarter. These proprietary products not only fuel sales growth and offer a positive impact on margins but also propel consumer demand for the future. "Adding to that were strong increases from other areas including catalog sales, which jumped 23%, and Internet sales, which doubled from prior year's 4th quarter. "We expect the momentum of the past several months, led by strong demand for our appealing Sharper Image Design(tm) products, will continue to support sales and improve financial results.