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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: Jeff Jordan who wrote (10230)	6/12/1998 12:15:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

Red Herring Article About CMGI's Earnings Hiccup... EARNINGS UPDATE: CMG DISAPPOINTS; WHAT'S NEXT? By Peter D. Henig June 11, 1998 CMG Information Services (CMGI), a onetime Wall Street unknown which found Internet stardom just a few short months ago, laid an egg on Thursday, announcing third quarter earnings that were a 45 percent surprise to the downside. The company, which acts as a portfolio of sorts for Internet startups -- albeit one that attempts to create synergies among its Web-oriented offspring -- reported net revenues of $20.4 million for its third quarter ended April 30; a 15 percent sequential increase in quarterly revenues, but still a net loss of $11.7 million or $ 0.55 loss per share. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ MRVC becoming very attractive. Jeff