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: Connor26 who wrote (61789)	9/17/1999 12:14:00 PM
From: lee kramer	Read Replies (5) of 120523

Connor 28: NITE had dropped from 80 to 27 3/4. The lowered earnings estimates for this QTR should be no surprise as volume on NYSE and NASDAQ has been anemic for QTR 3. To me, this is old news, and built into the price of NITE. Anyone selling down here is a Johnny-come-very-lately. This doesn't mean that it can't keep dropping, only that sellers here may simply be tossing in the towel. Tread lightly and carefully. (Lee)

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