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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 (26145)3/4/1999 2:14:00 PM
From: David Klein  Read Replies (1) | Respond to of 120523
 
What about WCOM? I thought you owned this one as a long.



To: Jenna who wrote (26145)3/4/1999 2:14:00 PM
From: Tomstocks  Respond to of 120523
 
NEWS OUT! PRFM: Very good deals with yahoo, Microsoft, Lycos etc... This stock has been beaten down from where it traded at 13.93!

Perfumania, Inc. Reports 11.8% Increase in February Sales

March 4, 1999 12:03 PM

MIAMI--(BUSINESS WIRE)--March 4, 1999--

Comparable Store Sales Increase 1 Percent

Perfumania, Inc. PRFM , the nation's largest perfumery chain, announced today that revenues increased by 11.8 percent for the month of February.

The Company also announces that comparable retail store sales for the month of February increased 1 percent over sales of February 1998.

Total retail sales for February 1999 were $8,813,500, an 11.8 percent increase over total retail sales of $7,881,681, reported in February 1998.

Ilia Lekach, Chairman and Chief Executive Officer of Perfumania, pointed out that this is the third consecutive month of comparable store increases. "I believe that the new management's focus on corporate profitability, more efficient operations, cost reduction, restructuring, closing of under-performing stores and improvements in store merchandise mix are proving to be effective."

Perfumania recently completed its acquisition of PostaCard.com. It has launched its Internet web store signing marketing deals with Yahoo! YHOO , Microsoft MSFT Sidewalk, Lycos LCOS AltaVista and Modern Bride. The Company's strategy is to take advantage of its name recognition and cross-market the Internet web site with its 287 retail stores. Perfumania has signed letters of intent to name Internet affiliates in other countries as well as to franchise retail stores globally.

Perfumania, Inc. is a leading specialty retailer and wholesale distributor of a wide range of brand name and designer fragrances with some $180 million in annual sales. The Company operates a chain of 287 retail stores specializing in the sale of fragrances at discounted prices up to 70 percent below the manufacturer's suggested retail prices. The Company's wholesale division, one of the largest in the United States, distributes fragrances and related products to national and regional chains and other wholesale distributors throughout North America and overseas.

This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. Such risks and uncertainties are described in the Company's filings with the SEC, including its Registration Statement on Form SB-2.

This release is available on the KCSA Worldwide website at www.kcsa.com.



To: Jenna who wrote (26145)3/4/1999 2:16:00 PM
From: garrick le  Read Replies (1) | Respond to of 120523
 
Subscriber - what do you think about EBAY as a short ?
Looks very toppy to me.
Thanks.

GL



To: Jenna who wrote (26145)3/4/1999 2:56:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
SPLS looks like a possible gap up in the morning after profit taking dissipates. I will consider re-entering. Let's wait for market close to see. CC looks like a possible gap up tomorrow morning but I'll reserve final judgment to last hour of trading also. Might be time to take profits. Closed final share position in PSUN.



To: Jenna who wrote (26145)3/4/1999 9:39:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
SNRZ pre-reported but beat estimates soundly:

Sunrise Reports Record Revenue, EBITDA & Profits; Announces Continued Strong Occupancy at 95.6 Percent
FAIRFAX, Va., March 4 /PRNewswire/ -- Sunrise Assisted Living, Inc. (Nasdaq: SNRZ - news), a leading, national provider of assisted living for seniors, today reported a 62 percent increase in fourth quarter 1998 revenues to $49.2 million from $30.4 million for the same quarter last year, and a 109 percent increase in earnings before interest, taxes, depreciation and amortization (EBITDA) to $17.8 million from $8.5 million in the quarter ended Dec. 31, 1997. Depreciation and amortization for the quarter were $6 million, compared to $4.1 million for the same quarter last year. Net income for the fourth quarter 1998 was $7.4 million, or $0.36 per share (diluted), compared to net income of $2.2 million, or $0.11 per share (diluted), for the same quarter last year.

Sunrise full-year 1998 revenues were $170.7 million, up $80.8 million, or 90 percent, from $89.9 million in 1997. EBITDA for 1998 was $59.4 million, compared to $19.2 million for the same period last year. Depreciation and amortization for 1998 was $21.7 million, compared to $10.6 million for 1997. Net income for 1998 was $22.3 million, or $1.11 per share (diluted), compared to net income of $4 million, or $0.20 per share (diluted), for 1997.

''1998 was a very important year for the assisted living industry and for Sunrise, and we're proud that we met or exceeded the ambitious operations, financial and development goals we set for ourselves,'' said Paul J. Klaassen, Sunrise chairman and chief executive officer.

As of Dec. 31, 1998, the Company had $54 million in cash and cash equivalents and stockholders' equity of $227.7 million. The Company also currently has $175 million of unused credit lines.

Reports continued strong occupancy

Average resident occupancy for stabilized Sunrise communities during the fourth quarter remained at 95.6 percent for a second consecutive quarter, compared to 94.5 percent in the fourth quarter of 1997. The Company defines stabilized communities as those it has operated for at least one year or those that have reached 95 percent occupancy at the beginning of the quarter. The Company increased its owned and operated stabilized communities by 48 percent over the last year to 43 stabilized communities in the fourth quarter of 1998 from 29 stabilized communities in the fourth quarter 1997.

''We are pleased to again report among the highest occupancy rates in the industry,'' said David W. Faeder, Sunrise president and chief financial officer. ''Our continued strong resident occupancy along with the continued execution of our major metro market development strategy enabled Sunrise to report record performances for both the fourth quarter and for the year.''