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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: profit_guy who wrote (26620)	3/9/1999 10:32:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Earnings Plays 3 did very well. MTNT,CEC,KSS.(record earnings for all 3)The group of retailers we had in this weeks newsletter all had their anticpation last week (Thursday/Friday).. for this reason I'm looking again to have the new earnings calendar (March 15-19) ready by Thursday morning ((march 11)).. I also think that with a little luck since the retailers did pull back we might 'nab' another one Thursday for more gains.. namely I mean Numbers 1 and 6 which surged but have pulled back of late. #8 and 9 seem less likely but we'll see all these 4 reporting on Thursday March 11. CEC (mentioned on the thread) was up nicely through today's market reversal, and MTNT (Metro Networks) which had an intraday range that wouldn't have embarrassed DELL reported 47 and the market expect 42, and finally KSS which has already had quite a good run on anticipation reported 4 cents above. I find this is a good learning experience for myself as well. When the earnings season sets in in a few weeks we will have a few of these newcomers and see if they too might become another ZQK, SNRZ, KING, SONE or YUM.. I notice how companies that don't end up beating or even coming in line don't show anticipation. MTNT and CEC were refreshing changes from our usual earnings plays which attract more attention. These three would have been fine today (of course we had our hands full with CNET, GNET, NTBK and some technology stocks) but if the 'nets hadn't surged we would have made some money on these two and ENTU and a few others.. Anyhow lets watch these three tomorrow for perhaps some further gains.. especially since MTNT reported after the close. Kohl's Corporation Reports Record Earnings for 1998 * CEC Entertainment Announces Record Earnings - * Metro Networks, Inc. Reports Record Fourth Quarter and Year-End 1998 Results HOUSTON, March 9 /PRNewswire/ -- Metro Networks, Inc. (Nasdaq: MTNT - news) today reported financial results for the three and twelve month periods ended December 31, 1998. The Company reported revenues of $50.8 million, EBITDA of $15.7 million, and net income of $8.0 million for the quarter. For the twelve months, the Company reported revenues of $172.1 million, EBITDA of $43.3 million and net income of $20.4 million. Results, which are attached, are in millions of U.S. dollars except for per share data. Financial highlights are as follows: Three Months Ended Dec 31,Twelve Months Ended Dec 31, 1998 1997 % Change 1998 1997 % Change Advertising Revenues$50.8 $40.1 26.7% $172.1 $139.1 23.7% Operating Costs 35.1 28.6 22.8% 129.1 105.2 22.8% Depreciation & Amortization 2.6 2.1 20.9% 10.0 8.9 13.1% EBITDA 15.7 11.9 32.5% 43.3 34.6 25.2% Net Income 8.0 5.5 44.9% 20.4 15.5 31.0% Diluted Earnings Per Share 0.47 0.33 43.3% 1.20 0.93 29.1% Basic Earnings Per Share 0.48 0.33 44.6% 1.23 0.94 30.6% In commenting on the results, David Saperstein, Chairman and Chief Executive Officer, said, ''We are pleased with our record results for the fourth quarter and the year, which show increasing operating leverage as we continue to expand our nationwide affiliate base. Fourth quarter EBITDA grew nearly 33% on a 27% increase in revenues, and net income was up 45%. Our results continue to be driven by strong demand for all our product offerings and reflect our increased efforts to strengthen sales, marketing and inventory management.