Edison Schools im und vor weiterem Hype - 500 Beiträge pro Seite

[Geheimnisvoller]

Klingt hochinteressant!!!

1. If Edison goes private, it would not materially affect the company`s business operations....

2. Edison manages more than 100 schools in 23 states, including 20 in Philadelphia and 9 in Chester Upland.

3. In a filing with the Securities and Exchange Commission Jan. 30, Whittle said he owned 8.7 million shares, or 14.8 percent of the company`s stock.

4. Even though Edison stressed that going private was not a sure thing, Stokes said he expected it to happen!!!!!!!!!

5. "The reason for the announcement is that expected to be regarded as good news, and it suggests to me that a transaction is relatively imminent," he said.

6. The company has never earned a profit, although officials said in February that Edison was on track to report net income of $11 million in the quarter ending June 30.
Edison is scheduled to announce its results for its third quarter next Wednesday.

7. Several months ago, Edison announced a plan to repurchase up to 5.4 million of the 45 million shares outstanding to boost its stock price. The company said in
February that it had purchased 1.7 million shares, and would continue to buy back stock periodically!!!!!!!!!!

http://quotes.freerealtime.com/dl/frt/N?symbol=EDSN&art=C200…

[Geheimnisvoller]

EquityOutlook.Com: EquityOutlook.Com announces Stock Evaluation Ratings for Edison Schools:

SHREVEPORT, La., May 15, 2003 (M2 PRESSWIRE via COMTEX) -- EquityOutlook.Com
makes these short-term stock recommendations:
- BUY Edison Schools (NASDAQ:EDSN - News) -

Mein Tipp: kein Stück abgeben!!!

[Geheimnisvoller]

http://quotes.freerealtime.com/rt/frt/N?symbol=EDSN&art=C200…

Edison Schools Trims Loss, Foresees First Profit


May 15, 2003 (The Philadelphia Inquirer - Knight Ridder/Tribune Business News
via COMTEX) --

!!!!!!Edison Schools Inc. reported yesterday that it had trimmed its loss in the third quarter to 12 cents per share, from 24 cents a year earlier, and was on its way toward its first profit in the fourth quarter, which ends June 30!!!!!!!!!!!!!

Edison manages more than 100 public schools in 23 states, including 20 in Philadelphia and 9 in the Chester Upland School District.

"We are very pleased with the performance of the company through the first three quarters of our year," Chris Whittle, Edison`s founder and chief executive
officer, said in a statement.

!!!!!!!!"We believe that Edison has executed a dramatic financial turnaround, which will culminate with the achievement of our first-ever net income."!!!!!!!!!

A week ago, Edison said Whittle and other top managers were considering buying up the outstanding shares and taking the company private.

The company did not discuss the buyout proposal in a conference call with analysts yesterday. David Graff, Edison`s general counsel, said the company was unable to answer any questions about it.

No details have been offered, and no formal proposal has been submitted.

Officials said that if the company were taken private, it would not affect its operations.

Edison shares dropped one cent yesterday on the Nasdaq to $1.78. In after-hours trading following the announcement, they briefly rose as high as $2.25 before falling back to $1.78.

The New York education-management firm reported a loss of $6.37 million for the quarter that ended March 31, compared with a loss of $12.8 million a year ago.
Revenue totaled $108.4 million for the period, compared with $121.9 million in the year-earlier period.

!!!!!!!!!The company said revenue declined because it ended unprofitable contracts and changed the way it reported revenue of three agreements!!!!!!!!!

Edison officials said the company achieved the better results by reducing costs and improving operations.

By Martha Woodall

To see more of The Philadelphia Inquirer, or to subscribe to the newspaper, go to http://www.philly.com
(c) 2003, The Philadelphia Inquirer. Distributed by Knight Ridder/Tribune Business News.

[Geheimnisvoller]

Edison Schools ist endgültig in den Top Microcaps aufgenommen worden.

http://www.top10microcapstocks.com/cat_list.php?cid=29

[Geheimnisvoller]

Edison könnte eine Goldgrube werden!


Edison Posts Narrowed 3Q Loss, Still Expects 4Q Profit

NEW YORK -- Edison Schools Inc.(NASDAQ-NMS:EDSN) (EDSN) narrowed its net loss for the fiscal third quarter as the company cut costs and ended unprofitable school-management contracts.

The nation`s largest for-profit manager of public schools late Wednesday posted a net loss of $6.4 million, or 12 cents a share, for the quarter ended March 31, compared with a net loss of $12.8 million, or 24 cents a share, a year earlier.

The mean estimate of analysts surveyed by Thomson First Call was for a loss of 14 cents a share.

Revenue fell 11% to $108.4 million from $121.9 million a year earlier. Edison attributed the drop to its termination of certain unprofitable contracts and deferred revenue for an unsigned contract.

"We believe Edison has executed a dramatic financial turnaround, which will culminate with the achievement of our first-ever net income in the current quarter," said Chief Executive Chris Whittle in a prepared statement. Analysts are looking for fourth-quarter earnings of 18 cents a share, according to First Call.

Edison has yet to turn a profit in its 10 years of existence. It has been buffeted in recent years by a Securities and Exchange Commission probe into its accounting, the loss of several high-profile school contracts and the need to borrow at high interest rates to keep its schools open.

Last week The Wall Street Journal reported that top Edison officials, including Mr. Whittle, are considering making a buyout offer for the company. Mr. Whittle`s group has retained an investment banker that has contacted several buyout firms about financial backing, according to the Journal article.

However, Mr. Whittle has told Edison that no financing has been arranged for any stock-purchase offer. The CEO holds about 14% of Edison`s common stock, though most of that is pledged to outside lenders.