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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jeff Jordan who wrote (5457)2/20/1998 9:57:00 AM
From: Jenna  Read Replies (1) of 120523
 
SMOD,CIEN...never look back when you're up over 1 1/2 point. SMOD,CIEN and companies in tech sector can take a dive when they issue a warning, but they will be up BEFORE earnings come out. This is because their earnings are usually 50% or more than last year which accounts for the surge in price, but it pulls back when it says that next quarter might not be as good. They make great day trades but they are dangerous to take home.
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