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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER
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To: Cornstock who wrote (366)11/2/1997 10:52:00 PM
From: Christopher  Read Replies (1) of 836
 
Just want to clarify one thing.
Thanks for the complement Peg. I just want to point out that
my position is not to have an EPS in the 90's (I think we
are all looking for high RS thought) in IBD but to only at
least have a very good EPS for third quarter and may be second
as well and good signs for fourth quarter and may first
quarter of 98. I have always quoted THQI so far so why not
now. THQI just recently signed more contract with Walt
Disney, Nickelodian, Soney, and so forth indicating that they are
going to have very good fourth quarter and first quarter
of 98. We all know that institutional investors are the one
that will make the stock price rise because they buy large
chunks of it. Earnings are going to make or break a company
at this time. Coka Cola, Gillette, and many other companies
were slautered because of poor earnings recently. What
pulled the marked back Last Tuesday is IBM annoucing a buy
back plan of their shares which would decrease P/E and increase
earnings. This was done by many companies after the 87
crash which restored the institutional trust in the market.

Anyway, I think I have said too much about this but I am
sure we will come up with a good plan. We have a good
team.
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