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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (9082)5/6/1998 2:27:00 AM
From: Jenna  Read Replies (3) of 120523
 
CBSL.. had a nice "pre-report" report also...
Complete Business backs upper end of EPS range.. All things considered the only companies that have failed to show any "anticipatory upswing" from the list were ORBKF and NICEY. They have shown an "anticipatory downswing." What's nice is that except for a 'fakeout' signal I got from NICEY the trend was clearly down most of the time for both of these. I was able to exit NICEY relatively unscathed as soon as it downticked. Should they continue down tomorrow, it's obvious they will not come into play at all.

FARMINGTON HILLS, Mich., May 5 (Reuters) - Complete Business Solutions Inc. (CBSL - news)
said Tuesday it is comfortable with the high end of analysts' earnings estimates for 1998, which range
between $0.56 and $0.70 per share.

The company, which went public in March of 1997, reported pro forma earnings of $0.71 a share in
1997, before a two-for-one stock split on March 19, 1998.

''Given our current trends in revenues and margins, we are comfortable with all of the published analyst
estimates to date, including recent updates at the high end of that range,'' Tim Manney, executive vice
president of finance and administration, said in a news release.
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