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: Jenna who wrote (13167)	8/19/1998 11:32:00 AM
From: KS	Read Replies (2) \| Respond to of 120523

Interesting article...any comments? Message 5531646

To: Jenna who wrote (13167)	8/19/1998 12:06:00 PM
From: Jenna	Respond to of 120523

Wet Seal's Net Income Jumped 43% In 2nd Quarter it beat by 4 cents.. I'd watch this one.. WTSLA Wet Seal Inc. - Foothill Ranch, Calif. 2nd Quar Aug. 1: 1998 1997 Sales $113,036,000 $94,254,000 Net income 4,879,000 3,417,000 Avg shrs (basic) 13,584,408 13,552,932 Avg shrs (diluted) 14,091,995 13,851,502 Shr earns (basic) Net income .36 .25 Shr earns (diluted) Net income .35 .25 Wet Seal Inc. (WTSLA) said same-store sales rose 4.3% in the latest quarter, compared to a decrease of 1.6% a year ago. The company said it acquired 83 Britches stores in July and plans to reopen them as Arden B., Limbo Lounge, Wet Seal and Contempo stores in the first quarter of 1999. Wet Seal, a specialty apparel retailer, said it plans to open about 40 stores in the second half of this year.