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STOCKS TO WATCH: DoubleClick, Go2Net, Juniper Networks, Microsoft and Xilinx

4 min read

Expect the following technology stocks to be among Wednesday's most actively traded issues: DoubleClick, Go2Net, Juniper Networks, Microsoft, uBid and Xilinx.

  • DoubleClick Inc. (Nasdaq: DCLK)

    It's hard to read how investors will respond to DoubleClick's fourth-quarter earnings Wednesday after it posted a smaller-than-expected loss of $3.1 million, or 3 cents a share, on sales of $93.7 million.

    First Call consensus expected it to lose 5 cents a share in the quarter.

    DoubleClick shares gained 2 1/16 to 122 13/16 ahead of the earnings report but fell 8 9/16 to 114 1/4 in after-hours trading.

    The $93.7 million in sales marks a 150 percent improvement compared to the year-ago quarter when it lost $4.1 million, or 4 cents a share, on sales of $45.7 million.

    For the year, DoubleClick lost $55.8 million, or 51 cents a share, on sales of $258.3 million compared to a loss of $17.7 million, or 21 cents a share, on sales of $138.7 million in fiscal 1998.

    In the quarter, DoubleClick's TechSolutions division reported record sales of $28.7 million, a sequential increase of 45 percent.

    It also added 198 new clients in the quarter, bringing its total to 1,050 publishers.

    First Call consensus expects DoubleClick to lose 25 cents a share in its first quarter but turn a profit of 8 cents a share in fiscal 2000.

  • Go2Net Inc. (Nasdaq: GNET)

    Bet on Go2Net making a serious upward move Wednesday after it easily surpassed analysts' estimates in its first quarter, earning $7.3 million, or 16 cents a share, on sales of $14 million.

    First Call consensus was expecting a profit of 7 cents a share in the quarter.

    Go2Net shares closed up 3 13/16 to 92 ahead of the earnings report.

    The $14 million in sales represents a 439 percent improvement compared to the year-ago quarter when it lost $21,600 on sales of $2.6 million.

    GoNet shares hit a 52-week high of 111 3/4 in December after bottoming out at 19 1/2 in February.

    First Call consensus expects it to earn 34 cents a share in the fiscal year.

  • Juniper Networks Inc. (Nasdaq: JNPR)

    Juniper will be on the move after beating Street estimates in its fourth quarter, earning $4.8 million, or 3 cents a share, on sales of $45.4 million.

    Juniper shares closed up 5 3/8 to 118 3/4 as its previously announced 3-for-1 stock split took effect this morning.

    In the year-ago quarter, Juniper Networks lost $8.6 million, or 21 cents a share, on sales of $3.8 million.

    For the year, Juniper lost $4.7 million, or 5 cents a share, on sales of $102.6 million compared to a loss of $29.7 million, or 76 cents a share, on sales of $3.8 million in fiscal 1998.

    Juniper shares are rated either a "buy" or "strong buy" by all 11 analysts following the stock.

  • uBid Inc. (Nasdaq: UBID)

    uBid met analysts' estimates in its fourth quarter, losing $11.4 million, or 99 cents a share, on sales of $69.9 million.

    Its shares closed up 1 5/8 to 30 7/8 ahead of the earnings report.

    First Call consensus pegged the online auctioneer for a loss of 99 cents a share in the quarter.

    The $69.9 million in sales marks a 190 percent jump from the year-ago quarter when it lost $7.1 million, or 92 cents a share, on sales of $24.1 million.

    For the year, uBid lost $25.5 million, or $2.61 a share, on sales of $205 million compared to a loss of $10.1 million, or $1.36 a share, on sales of $48.2 million in fiscal 1998.

    The company's registered users increased to 1,030,000 in 1999, compared to 229,000 users at the end of 1998, a fourfold increase. uBid.com experienced a repeat order rate of 79 percent in the fourth quarter.

  • Xilinx Inc. (Nasdaq: XLNX)

    Look for Xilinx to rally after it inched past analysts' estimates in its third quarter, earning $68.5 million, or 20 cents a share, on sales of $264.3 million.

    First Call consensus expected the chipmaker to earn 19 cents a share in the quarter.

    The $264.3 million in sales marks a 54 percent improvement from the year-ago quarter when it pocketed $36.1 million, or 12 cents a share, on sales of $171.6 million.

    Xilinx shares closed up 5/16 to 48 1/2 ahead of the earnings report.

    Its shares hit a 52-week high of 49 1/8 earlier this month after falling to a low of 16 7/16 in March.

    Twenty-two of the 25 analysts tracking the stock maintain either a "buy" or "strong buy" recommendation.