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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 (14571)9/12/1998 2:19:00 PM
From: Jenna  Read Replies (1) of 120523
 
e-mail on ABTE which was on the Watch List and was up nicely on Friday. They questioned if ABTE's rise on Friday had to do with earnings or was it just rising with the general market climate. It will be very interesting to see what happens to ABTE on Monday/Tuesday. I think it was related to earnings. I feel the lawsuits are par for the course in these down markets.

I was going to pick up a couple thousand on Friday but my internet connections were very unstable. I think ABTE is cheap at this price and when the hoopla of these suits die down, it will continue its ascent.


Able Telcom Reiterated Short-Term 'Buy' at Kaufman
Brothers

Princeton, New Jersey, Sept. 11 (Bloomberg Data) -- Able
Telcom Holding Corp. (ABTE US) was reiterated
short-term ''buy'' by analyst Vik Grover at Kaufman
Brothers. The 12 to 18-month target price is $ 29 per share.
The long-term rating is sti ll a ''buy
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