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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: SMALL FRY who wrote (35542)4/21/1999 4:31:00 PM
From: Linda T  Respond to of 120523
 
NEON beats estimate by 3c!

New Era of Networks, Inc. Reports Record Results; Tenth Consecutive Quarter of Revenue and Earnings Growth

ENGLEWOOD, Colo., April 21 /PRNewswire/ -- New Era of Networks(TM), Inc. (Nasdaq: NEON - news) today reported record first-quarter results for the period ending March 31, 1999.

In its tenth consecutive quarter of revenue and earnings growth, NEON achieved first-quarter revenues of $29.6 million, more than triple revenues of $9.6 million for the same period last year. The company reported earnings per share of 11 cents in the first quarter of 1999, compared to 3 cents in the first quarter of 1998, excluding the charges noted below.

Q199 Q198 Growth
Revenues ($000s) 29,611 9,582 +209%
Net Income(1) ($000s) 3,687 547 +574%
Per Share(1) $0.11 $0.03 +$0.08

YES!




To: SMALL FRY who wrote (35542)4/21/1999 6:05:00 PM
From: Mike S.  Read Replies (1) | Respond to of 120523
 
A lot of buys on the NITE May 135 calls. Makes me wonder if I should hold onto my May 80 calls for a while. In 12 now 43. I'd love to take profit but would also hate to lose what I have. Any thoughts on the next couple of days? Mike S