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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 (6703)3/28/1998 11:33:00 PM
From: Jenna  Read Replies (2) of 120523
 
ANEN..great pick IMHO.. This company has been on my list before. It's a very good opportunity for entry at this level since it looks OVERSOLD. Compound that with the fact that this stock has momentum, growth potential and a fundmental rank of 99. Company enjoyed 45% growth last fiscal year compared to 7.1 for the entire sector. EPS %Change Last Qtr is projected to be 111.1%.

Although we can't be sure the results of this quarter will be like last quarter it does give you a picture of what another 'record' quarter could mean for the stock. Earnings have slowed down a bit but are still in the 3 digits:

ANAREN MICROWAVE INC COM- ANEN - DAILY PRICES

DATE OPEN HIGH LOW CLOSE VOLUME
---------------------------------------------------------------
01/21/98 14.375 15.125 14.250 15.000 182,200
01/22/98 16.750 17.375 15.875 17.250 856,600
01/23/98 18.250 20.625 18.000 19.625 455,900
01/26/98 19.875 20.625 19.500 19.875 150,200
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