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: lee kramer who wrote (64615)	10/5/1999 12:13:00 PM
From: Jenna	Read Replies (4) of 120523

Lee, I get the dubious distinction of having stock #8 number 1 on most down ;-(.. Important for everyone to see what can happen with almost any stock whether its REV, AVP or MAT. For CNQR one I left out: CELG and ALOY which came up high on the scans.. I'll probably get in on a 'dead cat bounce'.REDMOND, Wash. (CBS.MW) -- Investors pulled apart Concur Technologies stock Tuesday after the company said fourth-quarter revenue will come in well below analysts estimates. Shares of the company (CNQR: news, msgs), which specializes in automating business functions within an organization, sank 19 3/16, or 60 percent, to 13 11/16 on volume of 6.4 million shares. Concur's Web-based Xpense Management Software helps companies automate expense reports, including travel and entertainment expenses. The company sees total revenue for the period in the range of $8.6 million to $9.2 million, significantly below the $12.3 million to $12.7 million consensus estimate.

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