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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 (80313)1/25/2000 12:40:00 AM
From: Jenna  Read Replies (1) of 120523
 
WEBT triggered from the January 11th watch list and hit a very nice 104 on Monday. It was also an earnings play and every conceivable way a great play in the last few months, just like ALLR, and VRIO. ALLR is now having trouble and the chart is looking like 2 bear flags in a downtrend but I expect that about 153 it would be a buy again. ALLR however was up about 350% in two months, before its latest downtrend which could end as it tries to make yet another breakout. VRIO which doubled in about 4 weeks could use a rest. However WEBT with its split is looking more attractive than ALLR.

I do expect a gap up tomorrow but I would probably not be entering this stock but rather expect a bit of a sell off according to how much it moves tomorrow. It has been up about 25% in the last 8 trading sessions and while others like PLUG moved more, WEBT is not a "story" stock with a new technology and will probably have a more conservative move.

January 11, 2000

1> WEBT - WEBTRENDS CORP .DSO
Price= 75.1 VL/30= 217.9 %Rnge= 87.0 Sto9V= 18.4
W14dV= 52.2 %Hi4 = 88.9 1-Dy = 112.1 50MA = 107.6
10MA = 102.5t its 52 week high.
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