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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: r.edwards who wrote (41308)	5/21/1999 12:30:00 AM
From: puborectalis	Read Replies (1) \| Respond to of 120523

MMPT will make money......... Great News.....Thursday May 20, 10:53 pm Eastern Time Modem Mediashrs seen back at $45-report NEW YORK, May 20 (Reuters) - Shares of online ad agency Modem Media.Poppe Tyson Inc., which have declined since its Feb. 5 initial public offering, could climb back to the $45 a share price it hit on its debut, Business Week reported. Bear Stearns analyst Alexia Quadrani told the financial newsweekly's May 31 edition she expected advertisers to continue shifting money to the Internet, boosting the company's internal growth rate. The company's shares closed down $2 at $24.50 on Thursday. Quadrani expected the company, whose clients include the likes of AT&T Corp. (NYSE:T - news) and General Motors Corp. (NYSE:GM - news), to lose 19 cents a share on $58 million in revenues in 1999 but earn 5 cents a share on $72 million in revenues in 2000. Modem Media.Poppe Tyson Shares Could Rise, Business Week Says Bloomberg News May 20, 1999, 8:38 p.m. PT New York, May 20 (Bloomberg) -- Modem Media.Poppe Tyson Inc. shares, which have fallen 41 percent to 24 1/4 since April 1, may be heading back to 45, a price the shares touched the day of the company's Feb. 5 initial stock sale, Business Week's ''Inside Wall Street'' column reported, citing unnamed sources. Bear Stearns analyst Alexia Quadrani expects the company to lose 19 cents a share on revenue of $58 million in 1999, and report earnings of 5 cents a share in 2000. Quadrani said Modem Media had a ''high internal growth rate'' in the usually slow first quarter, the magazine said. Modem Media is expected to lose 21 cents in 1999 and break even in 2000, according to two analysts polled by First Call Corp. Also look at ROWE which has declined over 50% from its high and also will be profitable. ------ Previous