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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 (11711)7/20/1998 7:04:00 PM
From: Christian Atallah  Read Replies (1) of 120523
 
More market Gems...........SAWS,TDFX,AMD,CYCH and just a good stock NCBC.
SAWS and TDFX both just reported earings above expectations while their stock prices are signicantly below their 52 week high. The charts look to me like they may have bottomed as well. TDFX is the weaker of the two and I would like to see it hold support here at the 16 dollar level before purchasing it. As for SAWS I would buy it immediatly.
AMD is one of those stocks that trends very well and where earnings are discounted. If you look at the chart whenever AMD turns either up or down it usually continuous in that direction for a very significant move. The same thing goes for CYCH. Both were up today. I see CYCH over 20 in the very near term, this baby can move fast!

As for NCBC, it is NOT a beaten down stock but has consitently beat earnings estimates and did it again this quarter. I expect this stock to continue its upward trend.

Sincerly, Christian Atallah
IRC Alias: Prayer
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