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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 (68052)10/26/1999 1:55:00 PM
From: macduff3  Read Replies (2) of 120523
 
EP #2 10/26;

Anyone following this:

Reported .65 versus .59 with 76% revenue growth. Stock down $2 at 1:30pm (now down 1 7/8).

How much of a correction are we waiting for?

How about this one?

EP #14 10/25 Acually reported this morning before the bell.

Reported .24 versus .24 (in-line) with 36% increase in revenue. The quarterly report indicates a shift to a profit from a major loss incurred during the corresponding quarter of the prior year.

Currently down 7 1/4; on 10.7 million shares traded. Average daily volume 1.4 million 'prox.

What am I missing? Institutions must be selling? Are the MM stocking up on inventory?
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