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

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To: Judy who wrote (7146)4/5/1998 8:02:00 PM
From: Jenna  Read Replies (2) of 120523
 
Earnings Play ALERT: SMCH Smart Choice Auto Group "turnaround" quarter
Reports on April 7...
and accelerated earnings projected through next 2 years.
Projected EPS rank of 97 and velocity projected in the
99th percentile for all stocks. (velocity= measure of
earnings acceleration this quarter vs the same quarter last year)

QTR QTR FY
Mar 98 Jun 98 Dec 98
--- --- --
Year Ago EPS -0.69A -0.04A -0.61
Current vs. Year Ago Chng 112% 425% 182%
Report Date wk/Apr 7 wk/Jul 21 -

This company is known here in Florida,
TITUSVILLE, Fla., April 1 (Reuters) - Smart Choice
Automotive Group Inc. said Wednesday that it is
comfortablewith analysts' estimates of $0.08-$0.09
in per-share earnings for the first quarter ending
March 31, 1998."Competition in our markets has
decreased in recent months,reflecting reduced funding
for many companies in the sub-primelending industry,"
commented Gary Smith, president and chief executive officer,
in a statement.
"Per-store sales at our used car dealerships have set all-time
records during the first quarter of 1998, and we expect to
make further market share gains during the seasonally-strong
second quarter of the year," he said.

According to First Call, the consensus estimate is a profit
of $0.08 a share, compared to a loss of $0.69 the previous
first quarter.
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