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Technology Stocks : HS - CHS Electronics -- Ignore unavailable to you. Want to Upgrade?

To: Jon Klaus who wrote (869)	11/2/1998 6:28:00 PM
From: Joseph Waligore	Read Replies (1) \| Respond to of 1494

EARNINGS: Chs Electronics Q3 dil shr rises MIAMI, Fla., Nov 2 (Reuters) - CHS Electronics Inc. Third Quarter Income Statement 1998 1997 Shr basic $0.44 $0.28 Shr diluted 0.41 0.26 Net 23,170 11,436 Revs 2,166,943 1,097,567 Avg shrs basic 52,439,025 40,691,980 Avg shrs diluted55,848,719 43,639,984 NINE MONTHS Shr basic $1.25 $0.86 Shr diluted 1.19 0.81 Net 64,035 24,547 Revs 5,687,775 2,921,625 Avg shrs basic 51,134,884 28,411,668 Avg shrs diluted53,933,937 30,255,357 (All data above 000s except per share numbers)

To: Jon Klaus who wrote (869)	11/2/1998 10:12:00 PM
From: Carmine Cammarosano	Respond to of 1494

MIAMI, Nov. 2 /PRNewswire/ -- CHS Electronics, Inc. (NYSE: HS), a leading international distributor of microcomputer products, today reported net income of $23.2 million, or $0.41 per diluted share, on net sales of $2.2 billion in the third quarter of 1998. This is a 103 percent increase over net income of $11.4 million, or $0.26 per diluted share, and a 97 percent increase over net sales of $1.1 billion in last year's third quarter. Operating income was $48.2 million in the third quarter of this year, a gain of 120 percent over $21.9 million in the third quarter of 1997. Gross profit increased by 89 percent, from $84.9 million in last year's third quarter to $160.3 million in this year's comparable period.