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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 (29103)3/23/1999 9:15:00 PM
From: Jenna  Respond to of 120523
 
Stocks to Watch and ex-earning plays: NXLK and SCAI

Monday March 22, 11:14 am Eastern Time
Company Press Release
SOURCE: Sanchez Computer Associates, Inc.
Sanchez's e-Banking Operations Center Poised for April Launch
Completion of ArTech Acquisition and Construction of World-Class Processing Center Announced
MALVERN, Pa., March 22 /PRNewswire/ -- Sanchez Computer Associates, Inc. (Nasdaq: SCAI - news) today announced the completion of the ArTech Financial Technology Services, Inc. acquisition, kicking off the Company's e-banking outsourcing processing center, called e-PROFILE.com(TM). Simultaneously, the Company announced an aggressive ramp-up schedule that includes the establishment of a new, world-class processing center, located outside Pittsburgh, Pennsylvania, to be operational by April 30.

The e-PROFILE(TM) service is being offered through a newly formed company, initially structured as a wholly owned subsidiary of Sanchez. The timeliness of this new offering allows the Company to offer the enabling technology which provides financial institutions an easy path to enter the direct banking market and take advantage of the current Internet consumer revolution, and to do so cost-effectively and with minimal time-to-market.

With e-PROFILE, the Company will be teaming with leading-edge, third-party technology partners for each component in the solution. From Web browser applications to data warehousing capabilities, financial service customers utilizing e-PROFILE will have a choice of best-in-class technology options within each component of their customized solution. This menu-driven approach will allow financial service providers to tailor their e-PROFILE environment to best suit their particular customer base and marketing objectives.

''We've taken the complexity out of building a direct bank,'' said Sanchez Computer Associates Chairman Michael A. Sanchez, ''We are offering customers a menu of components from various premier technology partners, many of which have expressed a tremendous amount of interest in being a part of our electronic banking solution. And due to the unique value proposition this provides, we have already received significant attention from certain major players in the financial services industry.''

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NXLK is my favorite stock in the telecommunications sector. It finds its way on our watch list frequently.Mar 19 Dain Rauscher WesREiterate Buy-Aggressive with a price target of $70.

TIP: Take your 'ex' earnings play and run them through a database that always updates news.. So if news comes out for your particular company you can see it each evening as you routinely check your database. I have nice little icon 'news' flag that pop up whenever there is news. It's important especially for earnngs plays because they usually are 'in the news' more frequently and enjoy higher price moves.