Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Darren who wrote (11954)	7/23/1998 7:42:00 AM
From: Tx Buck	Respond to of 120523

PSIX news also good for us IXC Comm (IIXC) holders ... Jul 22, 1998 (5:42 PM ET) - The Motley Fool Evening News Business Internet services provider PSINet Inc. (Nasdaq:PSIX - news) moved up $2 7/8 to $15 15/16 after reporting a fiscal Q2 loss (before $20 million in acquisition charges) of $0.67 per share, which was not quite as bad as the First Call mean estimate of a $0.69 per share loss. Total revenues came in at $53.7 million, up 21% sequentially and 82% year-over-year. The firm signed up an additional 5,400 customers in the quarter, raising its corporate client total to 38,700. It also expanded internationally by acquiring ISPs in Hong Kong, Germany, France, and the Channel Islands. Earlier in the year, the company blew off a bid from the former CEO of Digex to acquire at least a 51% stake in the company for $10 per share. Since the bid on January 21, PSINet's stock has roughly doubled -- which must be music to the ears of minority owner IXC Communications (Nasdaq:IIXC - news) . A replay of the company's conference call is available at (800) 475-6701, access number 398216.

To: Darren who wrote (11954)	7/23/1998 8:02:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

DB 05:00 PARIS CAC UP 25.14 OR 0.6% AT 4245.26. DB 05:00 FRANKFURT DAX FALLS 32.36 OR 0.5% AT 6078.37. DB 05:00 LONDON FT-100 RISES 14.1 OR 0.2% AT 6003.7. DB 04:58 SYDNEY'S ALL ORDINARIES FALLS 18.8 OR 0.7% TO CLOSE AT 2748.7. DB 04:58 SINGAPORE STRAIT TIMES RISES 9.60 OR 0.9% TO CLOSE AT 1062.26. DB 04:58 HONG KONG'S HANG SENG TUMBLES 244.47 OR 2.9% TO CLOSEAT 8176.25. DB 04:58 TOKYO'S NIKKEI FALLS 105.05 OR 0.6% TO CLOSE AT 16188.01. DB 04:56 WORLD MARKETS MOSTLY LOWER THURSDAY. DB 04:56 GOOD MORNING FROM CBS MARKETWATCH -- WASHINGTON. DB 04:50 [WCOM] WORLDCOM Q2 NET OF 21C PER SHARE BEATS ZACKS SURVEY ESTIMATE BY 1C. DB 04:50 [WCOM] WORLDCOM Q2 NET OF $228 MLN OR 21C PER SHARE VS. $44 MLN, 4C YR-AGO. DB 04:50 [WCOM] WORLDCOM Q2 REVS OF $2.6 BLN, UP 45 PERCENT OVER YR-AGO $1.8 BLN. DB 04:46 [DOW] DOW CHEMICAL NET INCOME IS $425 MLN. DB 04:45 [DOW] DOW CHEMICAL NET SALES OF $4.9 BLN VS. $5.4 BLN YR-AGO. DB 04:45 [DOW] DOW CHEMICAL Q2 NET OF $1.86 PER SHARE MATCH ZACKS ESTIMATE. DB 04:42 [DOW] DOW CHEMICAL Q2 $1.86/SHR VS $2.45 YEAR-AGO; BEATS ESTIMATES OF $1.84. DB 04:40 [XRX] XEROX Q2 STOCK REPURCHASE PROGRAM RESULTS IN 9 MLN SHARES FOR $468 MLN. DB 04:37 [XRX] XEROX Q2 NET OF $1.09 IS UP 16 PERCENT; INCOME $395 MLN, UP 17 PERCENT. DB 04:37 [XRX] XEROX Q2 NET OF $1.09 BEATS ZACKS SURVEY ESTIMATE OF $1.07 PER SHARE. DB 04:31 [BEL] BELL ATLANTIC Q2 NET INCOME OF $1.1 BLN IS 11 PERCENT MORE THAN YR-AGO. DB 04:30 [BEL] BELL ATLANTIC Q2 CHARGES INCLUDE 3C MERGER, PENSION; 5C SPECIAL ITEMS. DB 04:30 [BEL] BELL ATLANTIC Q2 NET 62C PER SHARE VS. 68C PER SHARE ZACKS SURVEY EST. DB 04:25 [T] AT&T Q2 LONG DISTANCE CALLING VOLUME UP 4.4 PERCENT. DB 04:25 [T] AT&T Q2 REVS FROM CONSUMER SERVICES DOWN $218 MLN OR 3.7 PERCENT. DB 04:25 [T] AT&T Q2 REVS FROM BUSINESS SERVICES UP $144 MLN OR 2.6 PERCENT. DB 04:23 [T] AT&T PLANS SHARE REPURCHASE "FROM TIME TO TIME" PRIOR TO TCI CLOSING. DB 04:23 [T] AT&T CHAIR MICHAEL ARMSTRONG SAYS BOARD AUTHORIZED $3 BLN SHR REPURCHASE. DB 04:21 [T] AT&T Q2 EARNINGS OF 91C PER SHARE VS. 77C IN Q1. DB 04:20 [T] TOTAL Q2 REVS $12.86 BLN, VS. $12.73 BLN YR-AGO. DB 04:20 [T] AT&T ANNOUNCES $3 BLN SHARE REPURCHASE PROGRAM. DB 04:20 [T] AT&T Q2 NET OF 91 C MEETS 91C ESTIMATE IN ZACKS ANALYST SURVEY.