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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 (33940)	4/14/1999 8:09:00 PM
From: debra vogt	Respond to of 120523

For anyone still holding this one. They also announced a stock buyback: April 14, 1999 04:02 PM SUNNYVALE, Calif.--(BUSINESS WIRE)--April 14, 1999--Digital Link Corp. DLNK today announced financial results for its first quarter ended March 31, 1999. For the first quarter 1999, net sales increased 5% over the first quarter of 1998 to $15,232,000 compared to $14,519,000 for the same period of the prior year. Net income for the first quarter of 1999 was $912,000 compared to $49,000 for the same period in 1998, an increase of 1761%. Earnings per share for the quarter were $0.11 compared to $0.01 for the same period in 1998. "It was a tremendous quarter with revenue and profit growth," said Vinita Gupta, chief executive officer and chairman of the board of Digital Link. "We experienced strong revenue growth both in our broadband products and our international market." This release contains forward-looking statements, including the company's revenue and profit growth. These statements are subject to risks and uncertainties which may cause actual future events and results to differ materially, including, but not limited to, the impact of competitive products and pricing, and the loss of, or difference in actual from anticipated levels of purchases fr