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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (16112)10/5/1998 1:36:00 PM
From: Jenna   of 120523
 
Earnings Plays: RI..up beat estimates, Walgreen 4th-Quarter Earnings Rose 43% Including Gain; THC up on positive anticipation.. doesn't have much meaning on a selloff this large. That is why the high multiple stocks are still overvalued. Their prices (IBM,PFE,BMCS,DELL,CSCO) had to come down, and perhaps they will be more realistically valued. Meanwhile others look to be moving upward: SANM,COMS,
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