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

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To: SMALL FRY who wrote (25694)2/26/1999 7:22:00 AM
From: Jenna   of 120523
 
DRIV.. I've had the same thought but I usually ended up selling after a swing trade, mostly because the average swing trade in DRIV netted me 5-7 points.


Qtr 4 Qtr4prior change $mil

NTBK NETBANK INC $ 0.11 $ -0.14 178.6% $0.6
GNET GO2NET INC $ 0.02 $ -0.03 166.7% $0.2
XCIT EXCITE INC $ 0.04 $ -0.11 136.4% $2.1
CNET CNET INC $ 0.18 $ -0.62 129.0% $3.0
NSOL NETWORK SOLUTIONS INC $ 0.22 $ 0.11 100.0% $3.3
CKFR CHECKFREE CORPORATION $ 0.00 $ -0.02 100.0% $0.0
CMGI CMGI INC $ 0.77 $ 0.06 1,183.3% $38.5
YHOO YAHOO INC $ 0.11 $ 0.01 1,000.0% $25.2




The stocks above I see as more of a good bet for longer term holding. the beta of DRIV is 3.3 and I don't see earnings around the corner yet. As long is provides for good swing trades and maybe an occasional position trade (up to 3 weeks) I would not be averse. Holding 1,000 shares (which is what I would hold for a stock at that price) for 3 months is still a little risky. I would however not be averse to holding 200-300 shares for 3 months.
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