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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: Jenna who wrote (24950)2/11/1999 1:28:00 PM
From: Swami  Read Replies (1) | Respond to of 120523
 
TQNT Here's more, from Briefing:

TriQuint Semiconductor Inc. (TQNT) 19 -3 1/8: --UPDATE-- Adams Harkness upgrades supplier of a broad range of high performance gallium arsenide integrated circuits from "sell" to "market perform" on slightly higher revenues; gross margins improved sequentially to 38.9%, but is 110 basis points below forecast; however, revenue visibility has increased for the next two quarters, although the Nokia business should continue to drag gross margins; lowers FY99 EPS estimate from $1.41 to $1.23 a share.....



To: Jenna who wrote (24950)2/11/1999 1:34:00 PM
From: HandsOn  Read Replies (1) | Respond to of 120523
 
#9 looks good, think I'll pick some up if it can stay at or above resistance.



To: Jenna who wrote (24950)2/11/1999 1:39:00 PM
From: Jimmy Dell  Read Replies (1) | Respond to of 120523
 
DMMC announces earnings before the open on Tues. The co. nearly always beats estimates and gaps big after earnings release. Plus this time they should be discussing their online internet plans. Now's the time to get in while still fairly quiet, because when the buying starts it jumps fast.




To: Jenna who wrote (24950)2/11/1999 1:46:00 PM
From: Jules  Read Replies (2) | Respond to of 120523
 
Found this interesting...volume is up lots of buyers>>

Frederick Brewing ponders merger or sale

Frederick, Md., Feb 11 (Reuters) - Frederick Brewing Co., one of the first U.S. producers
of
beer made from hemp, said Thursday it is considering selling or merging the company but
denied rumors a large beer maker has expressed interest.

The company, which also reported a 68 percent rise in revenues for the year, added it has
filed for a 1-for-10 reverse stock split
and has terminated a deal to export beer to China and postponed plans to ship to Canada.

The largest brewer of craft beers in the Mid-Atlantic, Frederick said it is currently
negotiating with several parties about strategic
options, including possible mergers, acquisitions or a sale.

''We have had discussions with several parties, some of which are on-going, but no
concrete proposals have been presented to us,''
chief executive Kevin Brannon said in a statement. ''Rumors of a transaction involving an
investment or purchase by a large
brewer are inaccurate.''

Brannon said the company has hired Westfinance Corp. to evaluate strategic options as
well refinance debt and raise additional
equity capital.

To help meet those goals, Frederick said Thursday it has increased the ratio of a
previously announced proposed reverse stock
split, to 1:10 from 1:5.

The reverse split was initially announced in an effort to prevent the company's shares
from being delisted by Nasdaq. Nasdaq
notified the company in the fall that it faced delisting unless the company achieved a
minimum bid price of $1 for its stock.
Frederick Brewing shares closed Wednesday at 22 cents.

A shareholder vote on the split is tentatively scheduled for March 23.

Chief operating officer Marjorie McGinnis also confirmed the company has terminated a
deal to export beer under contract to
China because of poor market conditions there. She said that a planned expansion of
distribution in Canada have also been put on
hold because of ''disappointing'' fourth quarter results in Ontario.

The company, which said it had arranged to refinance the $2.6 million mortgage loan on its
brewing site at a lower interest rate and
with less restrictive covenants, said it expects to report its financial results in two weeks.
On Thursday it posted sales for the
quarter as well for the year-end.

Gross revenues were up 68 percent to $5.5 million for the year and sales volumes were up
by 81 percent to 31,464 barrels.

The company attributed the growth primarily to sales of its Wild Goose and Brimstone
brands, which helped off-set a decline in
sales in remote markets of other brands, particularly Hempen Ale and Hempen Gold.

Hemp is a cousin of the marijuana plant, but the federal government requires that hemp
seeds used to make beer must be free of
the narcotic agent found in marijuana.