Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (92589)	4/10/2000 7:45:00 PM
From: Long John	Read Replies (1) of 120523

MOT, INFS. Do not see much movement in MOT after the earnings announcement. INFS reports in the AM. MOT and INFS in downtrends all day, and technical indicators are moving down. If they move up tomorrow in response to earnings, they gave no clues of reversal this afternoon. I expect both stocks will make good buys for intermediate holds after some more profit taking. INFS is in a long term uptrend, MOT has corrected over the last month and may be starting a rebound. However, one reason to wait for these stocks to turn around before buying them is in this chart: concentric.net MOT and INFS triggered buys on 4/7, which is the next to last trading day before earnings (Day-1 on chart). John

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