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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 (14761)9/15/1998 1:10:00 PM
From: Jenna  Read Replies (3) of 120523
 
E-mail: SLR, GNCI

SLR.. yes I do think SLR will continue to make more gains. It's like JDEC, CMVT, NEON, NTAP, and the whole group that beats earnings. I had a biggish position and no options so I didn't want to chance a market turnaround, but I think there is still upside left. It could also probably gap up tomorrow morning if the market continues to strengthen.

GNCI is starting to be picked up by institutions 27 big blocks went through already today and it's only 1:00 p.m.. It's been on an uptrend of late. With a .47 PEG and an 'improved' earnings estimate for next quarter after a short fall this one, this could have more upside. I hesitate to hold these for more than 15-20% because they could reverse quickly due to profit taking.
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