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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: kendall harmon who wrote (24480)	2/4/1999 8:49:00 PM
From: kendall harmon	Respond to of 120523

More on BLPG: Thursday February 4, 5:34 pm Eastern Time INTERVIEW-Boron LePore exec. retires, stock slides By David Brinkerhoff NEW YORK, Feb 4 (Reuters) - The No. 2 executive at Boron, LePore & Associates Inc., which provides pharmaceutical information to doctors, retired from his post Thursday, helping to send its shares tumbling 43 percent. Shares fell to $16.125 per share, down $12.625 on Nasdaq. Chief Operating Officer Greg Boron, a co-founder of the Fair Lawn, N.J.-based firm, said the company's financial health was solid. He said the stock went into free fall because it missed analysts' expectations and Wall Street was worried about uncertain revenue streams for the first and second quarters of this year. ''The company is very solid on meeting analyst expectations for '99,'' of $1.10 per share, Boron told Reuters in an interview. ''What we haven't been able to pinpoint is at what point clients will be dropping in.'' ''Our revenue stream for Q1 and Q2 is a little cloudy right now,'' he added. The company earlier missed Wall Street expectations for the 1998 fourth quarter after reporting profits of $0.24 per diluted share. Most analysts had expected the company to earn $0.25 per share. The company acquired several new clients in the second half of 1998, it said in a statement. Boron, who also served on the board of directors, called Wall Street's disappointment an overreaction. ''I have 5.7 percent of outstanding shares of common stock and I'm going to hang on to it,'' he said. Boron said he will continue to consult for the company and pursue other projects. He said no other top management departures were expected.

To: kendall harmon who wrote (24480)	2/4/1999 11:03:00 PM
From: Dave Twibell	Respond to of 120523

BLPG - I agree wholeheartedly Kendall, the selling on BLPG looks way overdone. Revenues were up sharply and although earnings missed estimates by .01, they still showed substantial growth. Strong buying throughout the day except for the last hour when someone unloaded a large position through INCA. Blocks near the close and last minute uptick indicates the position was closed, so I would expect a strong gap at the open and a continued recovery over the near term. Dave