Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: LastShadow who wrote (4662)	1/9/1998 6:27:00 PM
From: Arthur Radley	of 120523

PolyMedica(PM) held up well in this debacle today and actually traded up by .50 early in the day on heavy volume for PM before settling unchanged for the day. Part of the action might be the result of a nice article in current issue of Individual Investor magazine that I received today. Article mentioned the projected 50% earnings gain in 1999 over 1998 earnings and also spoke of the new Medicare rules that come into effect on July 1, 1998 in which non-insulin dependent Medicare patients will be eligible for coverage. This magazine should hit the newstands this weekend so we might get a positive week coming up if the market is halfway decent and not like today.

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