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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 (7539)	4/13/1998 6:58:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

SFLX 2 cents above..SANM 4 cents above...VTSS 2 cents above... TUSTIN, CALIF. (April 13) BUSINESS WIRE -April 13, 1998--Smartflex Systems Inc. (Nasdaq: SFLX) Monday announced net revenues of $37.0 million for the first quarter ended March 31, 1998, an increase of 22 percent over last year's comparable quarter of $30.0 million. Net income for the first quarter of fiscal 1998 was $828,000, or 13 cents per share, an increase of 254 percent when compared with net income of $234,000, or 4 cents per share for the first quarter of the prior year. CAMARILLO, Calif.--(BUSINESS WIRE)--April 13, 1998--Vitesse Semiconductor Corp. (Nasdaq:VTSS - news) Monday reported record revenues and net income for the second quarter of fiscal 1998, ended March 31, 1998. Revenues in the second quarter of fiscal 1998 were $40.2 million, an increase of 64 percent over the $24.6 million in the second quarter of fiscal 1997 and an increase of 16 percent over the $34.7 million in the first quarter of fiscal 1998. Net income for the second quarter of fiscal 1998 was $12.1 million, or 31 cents per share, compared with net income of $7.8 million, or 20 cents per share, in the second quarter of fiscal 1997 and net income of $10.4 million, or 27 cents per share, in the first quarter of fiscal 1998. Vitesse President and Chief Executive Officer Lou Tomasetta said: ''This was another successful quarter in which we set records in all our financial benchmarks: revenues, operating income and net income. Our three focus businesses -- telecom, datacom and ATE -- grew in both revenues and bookings.