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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 (28329)3/18/1999 3:22:00 PM
From: Kona  Read Replies (1) | Respond to of 120523
 
Jenna, what are your thoughts on DLIA?

Lurker and Subscriber.



To: Jenna who wrote (28329)3/18/1999 9:10:00 PM
From: Jenna  Respond to of 120523
 
NKE beat after the close, ADBE beat the street, GPSI beats the street,RAYS beats by 100%,

NKE is a great example why options are not the best vehicle for stock trading. Had I not have my NKE options eroded today to about 1/8 of a point, I would have had a chance to make back the 2k on the stock alone. Tomorrow is triple witching and I lost my last chance.

Adobe First-Quarter Profit Tops Analyst Forecasts
By Duncan Martell

PALO ALTO, Calif. (Reuters) - Adobe Systems Inc. (Nasdaq:ADBE - news), the No. 1 maker of desktop and graphics publishing software, Thursday posted stronger-than-expected first-quarter earnings and said it would also beat second-quarter forecasts.

The company said first-quarter profit rose to $38.3 million, or 60 cents a share, for the quarter ended March 5 from $26.7 million, or 38 cents, in the year-ago quarter. Adobe beat analysts' forecasts of 52 cents a share, as revenues rose to $226.9 million from $197.8 million a year earlier.

Adobe has now strung together two strong quarters following a reorganization begun last August that included 300 job cuts, or about 10 percent of its work force. Sales of its Acrobat, PhotoShop and Illustrator software paced results, while cost controls helped boost net income.

''This company historically has been challenged with consistency,'' said analyst Christopher Galvin at San Francisco-based investment bank Hambrecht & Quist. ''We'd love to see more solid quarters like this one, but it's another step in the right direction.''

Adobe's disclosure that second-quarter results will likely top analyst forecasts of 56 cents a share a