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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: tom pope who wrote (7844)4/17/1998 4:22:00 PM
From: Judy  Read Replies (2) of 120523
 
Tom, I surmised that options expiry made be holding AVEI down so that the most puts and calls would expire worthless, that AVEI may close near 37 1/2 which it did. However, the stock did not trade as expected given major blowout earnings ... and with over 9 million shares traded it barely budged. When one can't tell what's going on, it's wise to pass on the trade.

On the other hand, VISX traded as expected. Up big on blowout earnings with carry-thru momentum the next day.
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