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

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To: John Leach who wrote (3519)10/24/1997 3:12:00 AM
From: Jenna  Read Replies (3) of 120523
 
Observations:I noticed that the companies I either am watching
or already own were up today or finished at the
high end of their range.

Low High Close
THQI 14 1/4 16 15 7/8 uptick
UTI 42 7/8 46 5/8
TBI 28 1/4 30 3/4
GECM 13 2/8 14 3/4
LBOR 30 3/4 33 3/4
AVID 26 3/8 28 1/2
STMI 18 1/4 19 3/4
WAXS 27 1/2 29 1/4
ICST 34 1.2 38 1/4
TSEMF 20 1/2 22 1/2
IMRS 28 7/8 29 1/2

Others that beat the street in last 1-2 days were ignored
and now are picking up steam:

MAVK 38 42 1/2
VIAS 32 3/4 34 1/2

Others that beat the street soundly flew up, retreated
and are now flying up again:

YURI 32 35 3/4

Conclusions: Ultimately it's earningsthat move
these companies. Stocks with positive earnings
acceleration can pull back due to market over-
reaction to outside news, but will be the first to
resume their uptrend as the climate calms down. I used this
opportunity to buy some others on my watch list and sell
the rest of my oil holdings and buy some new ones: UTI,PESC.
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