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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 (10305)6/16/1998 12:13:00 PM
From: Jenna  Read Replies (3) of 120523
 
Out of JBL, NSOL.. still holding APOL, BEAV..COFI just upgraded to BUY
* I will probably NOT hold anything overnight. APOL, BEAV are good companies so I'll reserve final judgment to later this afternoon. LEH out of range... out of play.

COFI*** I think leadership will come back in the financial sector.. Watching carefully for upgrades:

J.P. MORGAN SAYS RAISES CHARTER ONE <COFI.O> TO BUY FROM LONG-TERM BUY NEW YORK, June 16 (Reuters) - J.P. Morgan on Tuesday said
it raised its rating on shares of Charter One Financial Inc. to
buy from long-term buy.
-- J.P. Morgan cites 2.5 million share buyback, acquisition
of Albank Financial Inc. <ALBK.O>. Says valuation also makes
stock attractive.
-- Shares stood at 32-1/4, up 1-1/16.
-- No further information was immediately available.
((--Wall Street desk, 212-859-1730))
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