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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 (92512)4/10/2000 10:41:00 AM
From: Jenna  Read Replies (1) of 120523
 
-Reversal- INFA.. Its a little late in the game, but its moved down so much the trigger wasn't hit until lately. Even a short might be in order here. INFA is reporting on Wednesday and looking for $0.03. An earnings report two days away in stocks like these are like dog years, anything can happen by Wednesday, it could give back Tuesday, move up Wednesday, just watch it. Interesting. These are not 'safe' holds but could be good for more bounce as INFA sold off. After a 2 for 1 split, INFA formed an ascending triangle, but like the rest of the sector, it broke out to the downside. INFA has been very erratic since then. Monday April 10 8:12 AM ET
Informatica, Pricewaterhouse in B2B Deal
NEW YORK (Reuters) - Leading consulting and accounting firm PricewaterhouseCoopers and Web software company Informatica Corp.(NasdaqNM:INFA - news) on Monday said they had formed an alliance to help companies with their business-to-business Internet services.

Under the terms of the agreement, PricewaterhouseCoopers will receive a $30 million equity stake in Informatica in exchange for transferring ownership of intellectual property, primarily its supply chain and procurement analytic software, personnel and other assets to Informatica, the companies said.
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