To: Jeff Jordan who wrote (12002 ) 7/23/1998 12:31:00 PM From: Jenna Read Replies (1) | Respond to of 120523
*TOS, **CTX, ***PHM ****MSPG *TOS a company I've had on my watch lists before and had a nice swing trade about 6 weeks ago. Not too popular a trade for you traders, but a good company nevertheless reported earnings at 3 cents above. Check this one out. ====================================================================== **CTX.. an earnings play in the newsletter just reported. Nice increase an stock is gaining. WCOM and CTX both on our list making gains despite the 'down' day on the street. PR Newswire - July 23, 1998 12:21 DALLAS, July 23 /PRNewswire/ -- Centex Corporation (NYSE: CTX) today announced the highest quarterly net earnings in its history for the quarter ended June 30, 1998, the first quarter of fiscal 1999. Net earnings for the quarter this year were $48,161,000, a 78% increase over last year's net earnings of $27,010,000. Diluted earnings per share of $.78 were 73% higher than earnings per share of $.45 for the same quarter in fiscal 1998. Net earnings increased a higher percentage than earnings per share due to more shares outstanding in the current quarter. Consolidated revenues for the quarter this year were $1,110,606,000, 29% higher than $861,375,000 for the same quarter in fiscal 1998. ====================================================================== ***PHM PULTE CORP [PHM] reports 0.54 31.71% above Zacks Consensus Estimate was on our earnings play list but is down. This must be watched for a rebound. ====================================================================== ESCMF an earnings play that is in a downtrend for the past few period is starting to show a trend reversal. ****MSPG up even more. A fantastic play that was called when the company traded at 72 a share. Market is down pretty much yet our earnings plays are holding their own. Earnings season is so intense at most growth funds that managers drop their normal activities to concentrate on the parade of earnings released each day.