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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 (11482)7/15/1998 4:19:00 PM
From: Prince  Read Replies (1) of 120523
 
Hi Jenna,

I've been following your thread for a while now and will soon be joining Market Gems once I get to Denver. It's amazing the number of quality stocks you find.

Just wanted to let you know there is a HUGE short interest in TLAB right now. The last time TLAB was concerned about missing earnings they pre-announced, it was due to currency fluctuations. The currency fluctuations didn't hurt them too much and they actually beat earnings.

From my experience with the stock, if they were having problems it would have been pre-announced. Maybe the recent run up is from shorts getting out?

Would you recommend holding a small position through earnings in case they have good numbers and the shorts get squeezed? Or is the risk/reward in favor of selling?
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