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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: kendall harmon who wrote (81523)2/2/2000 10:40:00 PM
From: Jenna  Read Replies (2) of 120523
 
BONZ, JAZZ and TANN.. Kendall, they both came out as earnings plays for Wednesday the 9th ;-.. BONZ looked excellent as it reports on Wednesday February 9th according to First Call. But then I saw today's gain. It is expected to earn $0.10 verus $0.06 but that's okay because another pick, TANN which reports on the same day and is looking at its first gain or $0.02. Both of them look a little overextended but could move if they pull back by the 9th. I found both before I saw what they did today. Both TANN and BONZ have similar chart patterns as they both were not doing that well when they both gapped up tremendously almost at the same time about a week ago, and have had another big move today. I'd wait closer to Wednesday for any kind of a pullback. Its hard to time stocks like BONZ and TANN because they sprint rather suddenly. You either get in and hold or wait for a pullback unless you really track them diligently. I used to track TANN but the low volume didn't get many traders enthusiastic so I left it lately. JAZZ is still a third one and I've had it once but didn't hold on. The trouble with stocks like BONZ, TANN and JAZZ is that most people just don't hold onto them for more than a day or two. They are not 'known quantities' like an NT, RNWK or even a BVSN.

If and when BONZ and TANN release good earnings this quarter that will proably change.

techstocks.com
techstocks.com
techstocks.com
techstocks.com
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