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Technology Stocks : PUMA Technology -- Ignore unavailable to you. Want to Upgrade?

To: ztect who wrote (306)	5/25/1998 7:31:00 PM
From: Pakman2000	Respond to of 851

Here is their latest earnings, released last thursday: Puma Technology, Inc. Announces Record Third Quarter 1998 Operating Results SAN JOSE, Calif., May 21 /PRNewswire/ -- Puma Technology, Inc. (Nasdaq: PUMA) announced the results of its fiscal 1998 third quarter ended April 30, 1998. Revenue for the third quarter was $6,742,000, a 56% increase from the $4,325,000 reported for the third quarter of fiscal 1997. Diluted earnings per share were $.06 compared to the $.05 per share reported for the third quarter of fiscal 1997. For the nine months ended April 30, 1998, revenue was $17,706,000, an increase of 59% from $11,151,000 for the first nine months of fiscal 1997. Diluted earnings per share were $.11 compared to $.12 for last year's nine month period. Last year's nine month earnings per share were $.11 under the primary method and $.12 for the diluted calculation as restated under new accounting standards. Brad Rowe, President and CEO of Puma Technology(TM), said, "I am extremely pleased with our record-breaking results this quarter. We experienced accelerating demand for our Intellisync(R) product line in both the retail and direct corporate channels. We further benefited from several new relationships with cellular phone manufacturers and cellular service providers who have adopted our industry-leading synchronization and message-delivery architecture for their next generation products." During the quarter, the Company continued to expand sales into the corporate arena as more and more corporations support hand-held devices for their work forces. In addition, the Company also had higher revenue from its retail sources, including Web sales and sales through the channel. Puma recently shipped a new version of its Intellisync software for Windows CE as well as its initial version of Intellisync for the Franklin REX PC Companion product. Puma also began shipment and licensing of an Intellisync Software Developers' Kit (SDK) to allow software applications developers to provide their customers with mobile device synchronization support for their industry-specific vertical applications. In addition, Puma Technology announced its membership in the new "Bluetooth" Special Interest Group (SIG), joining industry leaders Ericsson, IBM, Intel, Nokia, Toshiba and other member companies to define and enable wireless connectivity between future mobile phones, PCs, handhelds and other mobile computing and communications devices. With the exception of historical factual information, the statements made in this press release constitute forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks and uncertainties including, without limitation, the timely availability and acceptance of new products and upgrades, the impact of competitive products and pricing, consummation of binding agreements with prospective business partners and other factors set forth from time to time in Puma Technology's reports and registration statements filed with the Securities and Exchange Commission. Actual results could differ materially. Puma Technology disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.