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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 (34713)4/19/1999 10:40:00 AM
From: Daniel Merchant  Read Replies (1) | Respond to of 120523
 
Jenna, what do you like about TBFC? do you think they will be a $150 stock?



To: Jenna who wrote (34713)4/19/1999 12:02:00 PM
From: Jenna  Respond to of 120523
 
<<ALERT>>buy signal triggered for #8 EP 4/21, notice how earnings plays buck the trend even nasdaq ones. Buy signal #8 4/20 EP, I was asked about this one last week and I considered it and now it looks like it has bottomed and right before the earnings report which could presage things to come.



To: Jenna who wrote (34713)4/19/1999 12:08:00 PM
From: Jenna  Read Replies (4) | Respond to of 120523
 
BVSN..USWB, USG,TYC,EMC What a divergence between dow & nasdaq This must be a record. Almost every NYSE stock that is an earnings play has popped.


USG, DCN pops big time.. the earnings plays are very strong today, LXK was up 4 in the morning but profit takers set in..

USWB..looking pretty strong considering the rest of the sector.

BVSN, still holding could have gotten out this morning with a gain but decided to stay in this one.



To: Jenna who wrote (34713)4/19/1999 5:18:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
USWB beats by 5, ENTU had positive instead of negative $0.1 instead of $ -0.01, GALT beat by 1, CTXS beats by 3 and MUSE beats by a cent

USWeb/CKS Reports Record Revenues for First Quarter 1999
Record Quarterly Revenue of $84.1 Million, Sequential Quarterly Revenue Increases 16%; Company Reaches Significant Integration Milestones
SANTA CLARA, Calif., April 19 /PRNewswire/ -- USWeb/CKS, (Nasdaq: USWB - news) a leader in strategic Internet and marketing communications services today reported its financial results for the first quarter of 1999.

Revenues for the first quarter of 1999 were $84.1 million, a 16% increase over revenues of $72.6 million reported in the quarter ended December 31, 1998. Revenues increased $44.8 million or 114% over revenues of $39.3 million in the first quarter of 1998. The Company reported a net loss for the quarter of $51.7 million or $0.73 per share, which included non-cash and merger-related charges, compared with a net loss of $84.1 million, or $1.26 per share in the previous quarter, and a net loss of $15.3 million or $0.29 per share in the first quarter of 1998. Net income before non-cash and merger-related charges was $10.9 million or $0.13 per diluted share, compared with net income before non-cash and merger-related charges of $5.9 million or $0.07 per diluted share in the previous quarter and a loss before non-cash charges and merger-related charges of $0.5 million or $0.01 per share in the first quarter of 1998. Non-cash charges include provision for contract loss, which represents the value of certain warrants granted in a strategic relationship and stock compensation, acquired in-process technology, amortization of intangible assets, depreciation and amortization, and an impairment charge associated with goodwill that was recognized in the fourth quarter of 1998.

During the fourth quarter of 1998, the merger between USWeb Corporation and CKS Group was completed. The merger was accounted for as a pooling of interests. During the first quarter of 1999, the Company recognized costs directly associated with the merger of $5.3 million, which, combined with merger costs incurred in the fourth quarter of 1998, brings the total of merger and integration costs to $34.2 million.

''The first quarter of 1999 demonstrates the momentum USWeb/CKS has created in the market. We grew the business 16% sequentially while at the same time accomplishing major integration milestones that are the foundation for building an Internet professional services powerhouse,'' said Robert Shaw, CEO of USWeb/CKS. ''And, the work we do for clients represents the magnitude of how companies are using the Internet to transform or create businesses in the digital economy.''

Q1 Client Highlights