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Technology Stocks : Cyberian Outpost (Symbol: COOL) -- Ignore unavailable to you. Want to Upgrade?


To: StockMarketMaven who wrote (1225)3/3/1999 6:53:00 PM
From: JC Reddy  Respond to of 1932
 
Mar 03, 1999 (6:28 PM ET) - The Motley Fool Evening News

Online computer products retailer Cyberian Outpost (Nasdaq:COOL - news) raced ahead $6 3/8, or 40%, to $22 1/2 today after it said fiscal Q4 (ended Feb. 28) revenues are seen coming in around $33 million when the company reports results in early April, about four times the year-ago level. Probably equally important to investors, however, are the sequential numbers, key in evaluating the legitimacy of online growth: revenues were 40% above the Q3 mark, while customer growth over the three-month period was about 33%. In the three quarters reported since the company's Au gust IPO, sequential sales growth numbers have been uniformly strong but have trended slightly downward from 38% in Q3 and 47% in Q2. Cyberian didn't pre-announce any earnings numbers today -- the company plans to report in the first week of April, with three analysts giving First Call a $0.39 per share loss estimate.