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

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To: LastShadow who wrote (5078)1/31/1998 11:26:00 AM
From: Hardrocker  Read Replies (1) of 120523
 
LastShadow,

I haven't checked this thread for a long time, but I see that you, Jenna and some others are still doing great things. Smart people.

In keeping with the "beaten down" theme, has anyone looked at VESC? Took a dive from around 20 to 6 1/2 this week on news that doesn't appear so terrible. Recent acquisitions will negatively impact earnings for 6-9 months. Oppenheimer downgraded from Strong Buy (at a 20 price!) to Hold (now at 6 1/2). 8.4 million shares out, 4.4 million float. $.11 EPS last Q. 52 week high 22 5/8, low 6 1/2 (right now). At this price, I expect to see a bounce. Then, if they get upgraded again... :o)

Hardrocker
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