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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: Tomstocks who wrote (24126)	2/3/1999 3:43:00 AM
From: SMALL FRY	Read Replies (1) \| Respond to of 120523

TGLO - Bear Stearns raises estimates. MarketScope, Tuesday, February 02, 1999 at 14:59 2/2/99 2:55 pm... CORRECTION: THEGLOBE.COM (TGLO 63-7/8) UP 3-5/8, BEAR STEARNS RAISES ESTIMATES... Yesterday co. agreed to acquire AZAZZ.COM... Analyst Scott Ehrens tells salesforce co. adds complementary online retailing outfit that should provide solid customer svc for their nearly 8M members... Raises '99 rev. ests. slightly from $18.5M to $19.1M, '00 from $37.7M to $45M... However, says addition of lower margin e-commerce business decreases TGLO's gross margin from 62.7% to 61.1% for '99, 65.5% to 57.3% for '00... Expects co. to be profitable in '01... Widens $1.70 '99 loss to $2.09 loss, $1.20 '00 loss to $1.51 loss... Rates buy... Earlier incorrectly reported '00 rev. ests. increased from $47.7 to $45M./Wolfe