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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: kendall harmon who wrote (36702)4/27/1999 2:02:00 PM
From: Jenna  Respond to of 120523
 
HIFN.. wow how did that one escape? I never even heard of it. PRGN has come back out of negative territory. This was a close one since it met expectations. Gave a good anticipatory upswing yesterday, had good earnings, but I guess if the good earnings are 'expected' its not that good. So if my son comes back with straight A's once again, because I expect it, I'll just throw him out, wait until he 'corrects'.. and beats my expectations, does that make any sense??? What is supposed to happen? Beating expectations is one thing, but when stocks have EPS that increases in the three digits I would think that they would not have to beat but meet would be good enough.

License Revenue Growth Fuels Peregrine Systems; Record Results For Fiscal Year 1999
SAN DIEGO, April 26 /PRNewswire/ -- Peregrine Systems, Inc. (Nasdaq: PRGN - news) today announced record results for both the fourth quarter and fiscal year ended March 31, 1999. The record fourth quarter and fiscal year end results were driven by a 130 and 125 percent increase in software license revenues, respectively, over the comparable 1998 periods.