To: Judy who wrote (12271 ) 7/29/1998 4:51:00 PM From: Jenna Respond to of 120523
3 "market gems" beat estimates again. WAXS... 2 cents above estimates, PSQL...Reports 79% Increase in Revenues, 1 cent above. $5.7 Million in Profit and Record EPS for Fourth Quarter, Mastech Reports Record 125% Earnings Per Share Growth on Record Revenues For Second Quarter 1998.. Remember although these have beat estimates, and MAST, PSQL and WAXS had nice anticipatory upswings, but by tomorrow morning you will know how the market will react to these positive surprises. It is not automatic that they will increase. Although the odds are in your favor especially in companies that are not overbought. LBOR beat earnings estimates and was down today but I expect LBOR to rebound. PSQL... IRVINE, Calif., July 29 /PRNewswire/ -- Platinum(R) Software Corporation (Nasdaq: PSQL), a leading provider of enterprise resource planning solutions, today reported its financial results for the fourth quarter of fiscal year 1998, ended June 30, 1998. Revenues for the fourth quarter of fiscal 1998 were $32.2 million, compared to revenues of $18.0 million for the fourth quarter of fiscal 1997, a 79% increase from fiscal 1997. A net profit of $5.7 million or $0.19 per share was reported for the fourth quarter of fiscal 1998, representing 18% net profit on revenue, as compared to a net loss of $2.9 million or $0.12 per share for the same quarter a year ago. Mastech Reports Record 125% Earnings Per Share Growth on Record Revenues For Second Quarter 1998 PITTSBURGH, July 29 /PRNewswire/ -- Mastech Corporation (Nasdaq-NM: MAST - news), a global provider of high value information technology services, today announced record revenues and net income for the sixth consecutive quarter which ended June 30, 1998. All financial results presented include the results of the acquisition of Quantum Information Resources which was accounted for as a pooling of interests.