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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 (12102)	7/26/1998 9:58:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

7/27/98 Daily Picks angelfire.com Jeff

To: Jeff Jordan who wrote (12102)	7/28/1998 5:13:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

SERO..LHSPF..Two other "Market Gems" Earnings play called in above estimates. This is addition to BSNX,MDWY that beat yesterday. If the market recovers somewhat tomorrow I'd watch all the companies that beat earnings lately (RCL,QCOM,TLAB,LU, TKLC,SERO,GIC,TLC, etc) for rebounds. ERTS a former 'street beater' did well today despite the market climate. The UAW strike at GM might lend some optimism to tomorrows market climate. LHSPF Lernout & Hauspie Reports Record Q2 Revenues of $45 Million; Record Net Profits of $9.5 Million or $0.17 EPS Before Exceptional Items Business Wire - July 28, 1998 16:50 Lernout & Hauspie (Nasdaq:LHSPF)(Easdaq:LHSP-ED) (L&H), a worldwide market leader in speech and linguistic technologies, products and services, today announced financial results for thesecond quarter ended June 30, 1998. For the second quarter of 1998, L&H's total revenues were $45 million, an increase of 113 % over reported revenues of $21.1 million for the second quarter of 1997. During the second quarter, the company's Core Technology Division secured 42 contracts and its Dictation Division shipped its Voice Xpress and Voice Xpress Plus products for the retail market. Net income before one time charges and unusual items for the second quarter of 1998 reached $9.5 million. This represents $0.17 per share on 55.1 million average diluted shares outstanding which is a 138% increase when compared to $4.0 million in net income, or $0.11 per share on 36.1 million average outstanding shares for the second quarter of 1997. "The strong performance of our company is all our business activities proves the strength of our integrated speech and linguistic strategy and the ability of our management team to implement," said Gaston Bastiaens, president and CEO of Lernout & Hauspie. "During Q2 we signed 42 new contracts in our Core Speech division, we successfully launched our VoiceXpress product family and integrated the Inso and Novell linguistic activities smoothly into our Language Technology division, which became a solid contributor to revenue and earnings growth."