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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 (8866)	5/1/1998 2:38:00 PM
From: Jenna	Respond to of 120523

MCROS on earnings watch list called a 2-1 stock split..with good earnings. BELTSVILLE, MD. (May 1) BUSINESS WIRE -April 30, 1998--MICROS Systems, Inc., a leading supplier of information systems to the hospitality industry, today announced the results for its fiscal 1998 third quarter ended March 31, 1998 and a two-for-one stock split in the form of a stock dividend. Revenue for the quarter was $71.1 million, an increase of $14.4 million, or 25.3%, over the same period last year. Net income for the quarter was $5.8 million, an increase of $1.4 million, or 31.0%, over the year ago third quarter. Earnings per share, on a diluted basis, were $0.70, an increase of $0.15 over the year ago result of $0.55. Earnings per share, on a diluted basis, restated for the announced two-for-one stock split, were $0.35, an increase of $0.08 over the year ago result of $0.27.