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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: LTBH who wrote (9965)	6/4/1998 8:47:00 AM
From: Jenna	Respond to of 120523

HAZ...Hayes Lemmerz International Reports Record First Quarter Earnings<HAZ.N> This was on my earnings plays list but did not report until this morning. Some of you will remember the nice play we had last quarter with this classy company. These are the kind of companies that do exceedingly well amidst concerns from other higherprofile companies. I'll be working on the earnings plays today and tomorrow for week of June 8-12 and by mid-June the newsletters with be in full swing again. July should be an exciting month for 'earnings plays'.. Hayes Lemmerz International Reports Record First Quarter Earnings Continuing Cost Savings Program Yields 41% Rise in Operating Earnings and 27% Increase in EBITDA ROMULUS, Mich., June 4 /PRNewswire/ -- Hayes Lemmerz International (NYSE: HAZ), the world's leading supplier of wheels and brake components to the transportation industry, today reported record sales and earnings for first quarter ending April 30. Net income rose to $14.7 million or $.45 diluted earnings per share,over three more than 1997 first quarter earnings of $3.8 million or $0.17diluted earnings per share. Corresponding sales for the first quarter were $413.9 million compared to $250.2 million for the same quarter 1997, a 65 percent increase. The sales and earnings increases were due primarily to improved operating results and productivity gains associated with the acquisitions of Lemmerz Holding GMBH in 1997 and Motor Wheel Corporation in 1996. Comparisons of pro-forma results for 1998 and 1997, which assume Lemmerz was acquired at the beginning of fiscal year 1997, show first quarter 1998 earnings from operations of $49.9 million, a 41 percent increase over $35.4 million in the pro-forma first quarter 1997. EBITDA for the quarter rose 27 percent to $69.8 million from $55.0 million pro-forma in the first quarter 1997. Diluted earnings per share more than doubled from $.18 per share pro-forma in 1997 to $.45 per share in the first quarter while sales increased by 16 percent over pro-forma 1997 results to $414 million due to stronger volumes in the North American and European aluminum wheel businesses and increased demand for commercial highway products.

To: LTBH who wrote (9965)	6/4/1998 8:50:00 AM
From: Jay Lyons	Read Replies (1) \| Respond to of 120523

SIII No trades yet this morning. 5 3/4 x 5 25/32. Bid/Ask has not changed since 8:16 A.M.