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

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To: Riskmgmt who wrote (8646)4/28/1998 1:16:00 PM
From: Jenna  Read Replies (1) of 120523
 
PAW is starting to be profitable. This is turnaround Play.. It's off the chart in Sales/Cash Flow Ratio (99th percentile), Sales Increase last quarter, Price/Cash Flow Ratio. It did break through resistance at 21 1/2 and that should change the chart pattern favorably. 35 cents earnings projected is over 400% better than the 7 cents it reported last year. Last quarter they 'beat the street' with 3 cents over an estimated 2 cents.

Florida Panthers Holdings owns and operates the Florida Panthers, a professional hockey team. The company also owns Arena Development, a Florida limited partnership that is developing a multi-purpose sports and entertainment center in Broward County, Florida, and Arena Operator, a limited partnership that was formed to manage and operate the Broward County Civic Arena. In addition, the company owns about 78% of the partnership interests in Decoma, a limited partnership that operates the Miami Arena in which the Panthers play. It acquired the Arizona Biltmore in March 1998.
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