Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (7761)	4/16/1998 3:28:00 PM
From: Walter High	Read Replies (2) of 120523

Colleagues: Well, PIR really took a hit today despite reporting $0.36 earnings (diluted) plus a one-time $0.03 gain (for $0.39 total). I think the expectation was for $0.33. The stock dropped from the 26's to the high 24's. Volume has picked up greatly (more than double) and some large buys were going through this afternoon. Seems like a good time to buy for someone willing to hold a couple of months (3-6, maybe). Any opinions from those of you who read the mysterious charts and make amazingly accurate pronouncements? Walter High

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