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

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To: cog who wrote (12054)7/24/1998 12:13:00 PM
From: Jenna  Read Replies (1) of 120523
 
GNET..As Market Gems is going to be 'buying' advertising from them in the next few days, I'm going to be careful here. Fundamentals: It's never been on my watch list yet but that's because it doesn't pass my 'volume criteria','earnings velocity, or'fundamental criteria' just yet. As a stock I think it has potential for the future.

Technical criteria: Here it does better. I thought I spotted a trend reversal but today's market action killed that. I would wait to a clearer indication of a reversal before getting in. Support is about at 29 5/8 and resistance at 32 7/8. As a technical play I think this stock is definitely tradeable. As a web site I think they are darn good.
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