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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 (40306)5/17/1999 9:52:00 AM
From: Jenna  Read Replies (3) | Respond to of 120523
 
Long EGRP May 100 puts 3 3/8, Long MSPG 84 11/16, Long INTU 75's 1 11/16,Stock #7 today's watch list buy signal, Watch Stock #8,



To: Jenna who wrote (40306)5/17/1999 7:28:00 PM
From: Jenna  Respond to of 120523
 
RRRR Earnings play and repeat watch list play (5/2/99 and 5/14/99) Rare Medium Group Inc. Announces Landmark Results for First Quarter
NEW YORK, May 17 /PRNewswire/ -- Rare Medium Group Inc. (Nasdaq: RRRR - news), raremedium.com, the award-winning Internet solutions firm responsible for producing some of the Internet's most highly acclaimed Web sites, Intranets and Extranets, reported its results for the quarter ended March 31, 1999.

Mentioned and called on Friday..(Stock # 6 today's watch list 5/14 =RRRR)
Message 9531522
techstocks.com
techstocks.com
techstocks.com

Pro forma revenues reached a record $4.7 million, approximately 350% growth over the revenues for Rare Medium, Inc. for last year's first quarter. The current year's revenues include the unaudited revenues for recently completed acquisitions as though they were acquired on January 1, 1999. In addition, the Company allocated billable resources to the development of its incubator businesses as part of the company's recently announced strategy. ''While there has been an opportunity cost in terms of current revenues, we believe this is more than offset by the expected long term value created by accelerating the growth of these companies. This practice of utilizing our development platform as a resource for these companies will increase as we add to our portfolio of development stage companies,'' said Glenn S. Meyers, Chairman and Chief Executive Officer.