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

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To: Judy who wrote (11741)7/20/1998 2:41:00 PM
From: Jenna  Read Replies (1) of 120523
 
XYLN.. turning into a "Market Gem".. MSPG long on this one through earnings at least. ELNK following suit. still holding small position in NSOL although it doesn't report until July 28. Other plays were called on the bulletin board.

<<<<<XYLN>>>>>
Chart was improving towards today, and MACD is bullish. I've not posted this as an earnings play before. Volume indicators and Relative Strength have turned bullish and this one is supposed to report today. XYLN coverage initiated by First Boston on 17th.

On May 18, 1998 Van Kasper & Company's Research Department issued a 3 page Company Report on Xylan Corporation. Report highlights: 'A STRONG BUY rating was maintained and the 12-month price target was set at $40 per share.

By the way, lots of our 'earnings plays' are popping today. Please check them out.
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