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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 (63567)9/28/1999 3:47:00 PM
From: CMS27  Read Replies (1) of 120523
 
ACTN

Has been getting beat up by The Street.com by request of short sellers and is extrememly low on valuation. Earnings will be out soon and should be great. Biggest earnings drivers are a new NASCAR star Tony Stewart who has been selling on par with Gordon and Earnhardt, he's a very big deal and a top seller, who was not in play last year. Also year ago comparible quarter was missing the 4th of July Daytona race which was cancelled due to the fires.

Good news bad news. NASCAR.COM will start e-commerce for colectibles. Bad news is it will compete with ACTN's internet IPO. The good news is that NASCAR.COM ranks only behind espn and CBS for the most visited sports website. This will drive ACTN sales with incredible force. This news is not priced in currently.

Good luck all,

Scott
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