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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Simon Lee who wrote (214)4/16/1997 9:43:00 PM
From: Jenna   of 120523
 
QUICK CUTS: Computer telephony products company BROOKTROUT TECHNOLOGY
(Nasdaq: BRKT) lost $2 7/8 to $10 after reporting Q1 EPS of $0.14, missing
the mean estimate of $0.16 per share...


Optoelectronics manufacturer II-VI INC. (Nasdaq: IIVI) fell $4
1/8 to $20 after it reported Q3 EPS of $0.27, which beat estimates of
$0.26...

XCELLENET INC. (Nasdaq: XNET) slid $2 1/4 to $12 1/2 after the
RemoteWare software developer reported Q1 revenues of $8.9 million and EPS of $0.14, which creamed estimates of $0.11 per share...

TOTAL PETROLEUM NORTH AMERICA (AMEX: TPN) was dunked for
a $1 15/16 loss to $9 9/16 after agreeing to merge with energy refiner and
gas station company ULTRAMAR DIAMOND SHAMROCK CORP. (NYSE: UDS) in a stock
swap valuing each Total N.A. share at 0.322 shares of Ultramar Diamond. (from an evening news of Motley Fools)

Okay guys and gals, we notice that the folks that report the day's doings in the market have endeavored to search their vocabularies for more interesting verbage to describe how the stocks tank. We have new words to mull over.

We have 'dunked' okay. I'd hate to have my holding described as taking a dunk. Please it's not a d--n doughnut!

We have 'creamed' okay that's a positive word. And we have 'slid'. Can someone tell me why XNET slid after it creamed analysts expectations? I guess it slid in the cream after the doughnut.

Okay so how do we describe what happened to the networkers today. Words like 'crash dive' come to mind. I looked up crash dive in the dictionary and I found: A rapid dive made by a submarine, esp. in an emergency. Okay that's it then ASND, CSCC, COMS, CSCO did a crash dive but what was the emergency?

Anyhow we have to consider that the networking stocks could be ignored until the early summer. We will still try to find our GEMS among other sectors.
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