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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (14302)4/4/1998 10:29:00 PM
From: Sergio H  Read Replies (1) of 79365
 
Hi Doug, I'm looking at three stocks for next week:

PWAV was beaten up earlier this year due to having over 85% of their sales in Korea. Co. has reached agreements with five non-Korean companies in the last few months, including Northern Telecom Ltd. (NT), Nokia Corp. (NOKA), Qualcomm Inc. (QCOM) and Ericson
(ERICY). They're due to report this thurs. and I am sure that we're going to see huge upside or downside movement. Institutions have been buying up shares. Analyst downgrades earlier this year make it easy for PWAV to meet expectations.

AIRM is the sleepy stock that we discussed a few months back. The financials are just too good for this stock to remain in the $3 range. I am expecting some press releases and research updates in the next week or two.

PURW has tremendous growth numbers. The stock has been resting and looks ready to rumble. They now have some cash from a recent sell off of an interest in another co. They must have a reason for additional cash and I'm sure that it's a goodie. The only thing that I don't like about this stock is that no analyst covers it...yet.

Hope that you're having a wonderful weekend. Your TA on these stocks would be appreciated.

Sergio
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