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

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To: Jay Lyons who wrote (11364)7/13/1998 8:17:00 PM
From: Jenna  Read Replies (1) of 120523
 
C - Chrysler

Just beat analyst's estimates by 10 cents at $1.51 - has made more money YTD than all last year. Expect stock to gap open and climb like crazy - no selloff or mid-morning correction expected (therefore no Gap Strategyin play). Have placed market oder and will sink or fly with it. Reasonfor exuberance is that with GM strike and already losing quarter last posted, this will strengthen C.

lastshadow
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