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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: Jenna who wrote (6848)	3/31/1998 12:19:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

Jenna I was cryin' the other day about my "dumbness" in owning 2 drug stocks...PFE & AHP...i said I would exit AHP shortly... NOT!!! unbelievable it got upgraded today<g>..i'll hold my May 90's....might go to 100<g> Sometimes is better to be lucky than smart...:>}

To: Jenna who wrote (6848)	3/31/1998 12:28:00 PM
From: Tami	Respond to of 120523

CHTT has reported:CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 31, 1998--Chattem, Inc. (NASDAQ NMS: CHTT - news), a manufacturer of health and beauty care products and the SUNSOURCE line of dietary supplements, announced today continued strong operating results for the first quarter of fiscal 1998, ending February 28. Net sales increased 25%, operating income 35% and earnings per share 316% over the prior year periods. Net sales for the quarter increased $6,975,000 to $34,921,000 from $27,946,000 in the corresponding period of 1997, while income from operations grew $1,272,000 to $4,900,000 from $3,628,000 in the first quarter of fiscal 1997. Net income for the first fiscal quarter of 1998 was $609,000 or $0.06 per share as compared to $136,000 or $0.02 per share the first fiscal quarter of 1997. The increase in earnings per share was achieved despite an 8% increase in the average number of shares outstanding from 1997 to 1998. Seasonality is a factor in the Company's overall business, with the first quarter sales and income trailing the other fiscal quarters.