EquityAlert.com Announces Investment Opinion, No. 1
NOTE TO EDITORS: The following is an investment opinion issued
VANCOUVER, B.C.--(BUSINESS WIRE)--Jan. 19, 2001--EquityAlert.com (OTCBB:EINC)
Photon Dynamics Loses 26.26% On News Of Results
EquityAlert.com, Inc. (www.EquityAlert.com), one of the largest re-distributors of public company and mutual fund news alerts, today forwarded free real time news alerts on a wide range of NASDAQ stocks.
Among the active issues available to our real time news alert subscribers on Thursday, January 18th, were Photon Dynamics Inc. (NASDAQ: PHTN) and Natural MicroSystems Corp. (NASDAQ: NMSS).
Photon Dynamics Inc. lost 26.26% after it announced financial results for the first fiscal quarter of 2001. Net income for the current quarter was $5.2 million, or $0.38 per diluted share, compared to net income of $2.5 million, or $0.21 per diluted share, as restated, for the same quarter a year ago, excluding non-recurring acquisition expenses in both quarters. The results of prior periods have been restated to include the financial statements of Image Processing Systems Inc., which was acquired on December 20, 2000, in a transaction accounted for as a pooling of interests.
Natural MicroSystems Corp. issued a press release announcing results for the fourth quarter and for the year ended December 31, 2000. Revenues for the fourth quarter of 2000 were $34,228,000 compared to $25,014,000 for the corresponding quarter in 1999, an increase of 37%. Pro forma income per diluted share for the quarter was $0.02 compared to a loss of $0.03 for the comparable period in 1999, based on 38.3 million and 24.1 million weighted average diluted shares outstanding, respectively.
Additional recent press releases on active issues included BroadVision Inc. (NASDAQ: BVSN), Extreme Networks Inc. (NASDAQ: EXTR) and BEA Systems Inc. (NASDAQ: BEAS).
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EquityAlert.com's real time public company news alerts are a free service that allows pro-active investors to receive email news alerts on the stocks they own or plan to own, thus allowing them to take advantage of potentially significant price moves that often follow time-sensitive news announcements.
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