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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 (44630)6/15/1999 9:00:00 PM
From: Long John  Read Replies (1) of 120523
 
SLR vs. JBL: A tale of two earnings plays.

I was going to make a comment on JBL, but you posted first. Anyway, JBL and SLR both had similar fundamentals, their chart patterns over the last few months were similar, they both met earnings expectations. The technical indicators turned up a few days earlier for SLR, but they reported earnings a day earlier than JBL, too. So was there a difference that could have tipped one off BEFOREHAND to the opposite reaction they got after the earnings reports? The best policy still seems to be don't hold through earnings as you said.

Both stocks are on my site now concentric.net.

John
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