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

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To: Dave Shares who wrote (5837)3/10/1998 2:12:00 AM
From: Jenna  Read Replies (1) of 120523
 
RookieDave..from this group I like PAUH with the most improving
chart and RAM another improving chart.. I think that AR and NTPA
look a bit overbought and could be gotten after a little pullback.
MURXF is an interesting stock:

INTERNATIONAL MUREX TECH COM - MURXF - DAILY PRICES
AFter MURXF reported on March 2, it gapped up a bit and
volume was over 150% of 30 day average. Only it slid back
to 8.750 in a relatively short time. I like the sector
and this company needs more watching.

DATE OPEN HIGH LOW CLOSE VOLUME
---------------------------------------------------------------
02/24/98 8.812 9.000 8.625 9.000 53,200
02/25/98 9.125 10.000 9.125 9.750 257,800
02/26/98 9.625 9.937 9.625 9.750 112,200
02/27/98 9.625 10.000 9.625 9.875 118,900
03/02/98 10.062 10.312 9.500 9.500 128,400
03/03/98 9.375 9.500 9.000 9.125 76,600
03/04/98 9.125 9.125 8.812 9.000 58,900
03/05/98 8.750 9.250 8.500 8.750 68,400
03/06/98 9.000 9.375 8.750 9.125 47,400
Comtex Company News

1) 3/02/98 - INTERNATIONAL MUREX REPORTS 1997 YEAR END EARNINGS
OF $0.52 PER SHARE -- International Murex Technologies
Corporation (Nasdaq: MURXF) today reported positive
financial results for the year ended December 31, 1997
with net income of $9,064,000, or $0.52 per share,
versus $1,849,000, or $0.11 per share, for 1996's year
end. For the fourth quarter of 1997, the Company
realized net income of $2.8 million compared with
$1.8 million for the comparable period in 1996. The
Company's 1997 revenues grew 10.3% for the year but,
as a result of the strong U.S. dollar, foreign exchange
reduced reported revenues by 5%, or $5 million, to $106
million verses $101 million in 1996.
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