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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 (35597)4/21/1999 6:57:00 PM
From: Wildstar  Respond to of 120523
 
CNET earnings: $.09 vs estimates of $.03, also 2:1 split, revenues up 100%

SAN FRANCISCO, April 21 /PRNewswire/ -- CNET, Inc. (Nasdaq: CNET)
today reported revenues of $19.6 million for the first quarter ended
March 31, 1999, a 101 percent increase over revenues of $9.8 million
for first quarter ended March 31, 1998. Proforma net income for the
first quarter was $3.4 million or $0.09 per diluted share, excluding
goodwill amortization related to the acquisition of WinFiles.com and
gains on the sale of equity investments. For the comparable period in
1998, CNET reported a net loss of $5.7 million or $0.19 per diluted
share.
Including goodwill amortization and gains from the sale of equity investments, net
income equaled $23.0 million, or $0.61 per diluted share.

In addition, CNET today announced a 2-for-1 stock split in the form of a stock
dividend payable May 28, 1999 to record holders of common stock on May 10,
1999, pending approval by stockholders at the May 26, 1999 annual meeting of a
proposal to increase the number of common shares authorized for issuance.

Halsey Minor, CNET Chairman and CEO, stated, "CNET's strong financial
performance in the first quarter solidified CNET's position as the Internet's
leading content network. In the quarter, we focused on making our services even
more useful through strategic acquisitions and key enhancements to our network



To: Jenna who wrote (35597)4/21/1999 7:05:00 PM
From: Lee Walsh  Read Replies (1) | Respond to of 120523
 
I use quote.com's qcharts and love it....

Sometimes you have to enter the symbols when the stocks are moving so fast as they are now...as their "chains" can't keep up with all the strikes. But I haven't found a better service. And I love their live updating charts with interactive studies.

Lee



To: Jenna who wrote (35597)4/21/1999 7:27:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
Subscribers! Just got the incredible long 22 page First Call Radar Report for next week. I'm pretty excited about running this list through my 'scans'. It brings to mind the ming for 'gems' that I did in Franklin, North Carolina last summer and every summer. At least I won't need a tractor. (I was allowed on big yellow ditch digger that was next to the mine while the guy showed me what to do and I actually dug with this huge claw) this was before Market Gems and I knew I liked that work.