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 (115480)	10/22/2000 1:34:54 PM
From: Jenna	Read Replies (2) of 120523

ARXX heavily overbought but correcting, Just a little pullback or another MCDT "blimp short" like we had Friday? Probably it will start moving up on Monday as earnings are coming out October 24 after the close, and any movement to the long side after this correction could be on Monday/Tuesday, thereafter a shorting possibility. Of course if ARXX continues to move down on Monday/Tuesday, than a quick recovery nearest to or after the earnings report. Whether we have a correction or not at 245.24 % increase in EPS expected NEXT quarter from last year (Q4) which is about 4 cents more this reporting quarter, ARXX is one stock we need to keep an eye on for weeks to come.

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