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Technology Stocks : JPM Co. (JPMX, formerly JPMC)

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To: Jocelyn Bolick who wrote (51)5/7/1997 9:24:00 PM
From: Steve Antonelli   of 157
 
JPM just reported 2nd qtr earnings about 2 weeks ago. Their earnings came in at .27 EPS vs .05 yr ago. Next reporting date is 7/25, with current estimate in Zack's at .25 with the following qtr at .27. 5 yr growth rate is 31.33%. There are 3 analysts following this company.

As you all know, these estimates can change quickly, but this is what the latest is that I have.

IMO, watch for a continued breakout if the market nervousness is over. Volume on the past 2 days has remained high, even thought the price slipped a little (I would guess that it is profit taking, which I might add was quite tempting for me, but I'm sticking with it). Selling too soon is worse than buying a bad stock!!!

Why their growth rate is so good, I'm not really sure, although I thought I read somewhere that they are the primary supplier to Compaq for cables, etc.

I hope this info helps! If anyone else has accurate facts, please post. I'm trying to be precise with the info posted here.
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