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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Long John who wrote (98897)5/22/2000 7:06:00 PM
From: Jenna  Read Replies (2) of 120523
 
SMTC. FDS

SMTC That's about $0.02 above the $0.30 expected. Could be nice tomorrow. I certainly can't see this selling off ;-)Semtech Announces Record Net Sales and Net Income for First Quarter; First Quarter Net Sales Up 74 Percent Year-Over-Year; First Quarter Net Income Up 154 Percent Year-Over-Year

FDS FactSet Research Systems Expects Strong Third Quarter Results; Company Sees Record Revenues and Earnings Per Share.. This one could also move. I would not have even sold SMTC, but the market was so negative up until 2:20 that the shorts were running and the longs were falling. SMTC was in cardiac arrest.
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