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: Darren who wrote (11272)	7/10/1998 7:38:00 PM
From: Jenna	Read Replies (2) of 120523

Darren..I've had the same 'argument' with some techno friends last quarter about FINL.. Everyone was telling me it was not a good buy for earnings because of the technical chart. I bought in nontheless and it returned 5 points which was over 15% at the time. Not only that but it was upgraded the day earnings came out. Now I did notice that the slightest bit of 'good' news in the internet sector is sometimes good for a 10% gain so I presume a good report will do the same for NSOL. Of course I could be wrong, but I've done so well with the sector that I don't mind the 'gamble'. The other side of the coin: I've had CXIPY on my watch list this morning. The news was about $250 million of contracts in store for this company I thought would be worth a few points, but no.. it didn't budge the stock...except to go down even more.... SOURCE: Coflexip Stena Offshore Group Coflexip Stena Offshore Wins Major Contracts Worth $250M and Significantly Increases its Production and Installation Capacities in Brazil PARIS, July 9 /PRNewswire/ -- Coflexip Stena Offshore (Nasdaq: CXIPY; Paris (RM): CFI FP) announced today that it has won several major contracts, thus increasing its orderbook by $250M. At the same time, the Group is expanding its flexible and umbilical manufacturing capacities in Brazil by more than 50% in response to the growing local market. So when the sector is depressed, it takes a lot more than a "measly" $250 million contract to move it.

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