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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 (103395)6/21/2000 12:53:00 PM
From: Jenna  Read Replies (1) of 120523
 
FSII.. JMED earnings play for July 3 soaring.

FSII first positive earnings quarter nice report and upgrade, making more and more gains since its initial buy trigger. I would just keep up the trailing stop for as long as possible. Check the end of day and make sure FSII is in a range at least 70% of the day high. If it drops below 50% it might be a good idea to lighten up on the position.

Wednesday, June 21, 2000

--9:32 am Strong Q3 boosts FSI Intl
FSI International (FSII: news, msgs) is soaring after the Minneapolis microelectronics equipment firm reported better than expected third quarter earnings. FSI's third quarter profit of $3.7 million, or 14 cents a share, blew away First Call's average view of a penny. Sales rose 80 percent to $67.7 million in the latest three months from $37.7 million. FSI expects order levels to continue to be strong in the fourth quarter. The stock is jumping 2 5/8, or 13 percent, to 22 1/8.
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