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Technology Stocks : TECD - Tech Data -- Ignore unavailable to you. Want to Upgrade?

To: Dale Stempson who wrote (358)	2/2/1999 10:58:00 AM
From: Judy Muldawer	Read Replies (2) \| Respond to of 584

As I read this, I really could find NO reason to not own TECD: TECH DATA CORP (22-1/4, down 9-9/16 @ 10:24 am ET) on Tuesday estimated its fiscal 4Q net income at $0.61-$0.64 per diluted share, up from $0.53 a year earlier. The company said sales for the quarter, ended Jan. 31, exceeded $3.8 billion, up more than 80 percent from the year-earlier $2.1 billion. Excluding the effect of acquisitions, sales growth rates were about 12 percent, 24 percent and 9 percent in the U.S., Europe and other international markets, respectively, the company said. Analysts polled by First Call expected the company to post earnings of $0.69 a share for the fourth quarter. Tech Data estimated net income for the quarter was $33-$35 million, compared with $26.1 million a year earlier. The current fourth-quarter results include estimated results for its European subsidiary Computer 2000 AG. (Reuters)