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

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To: flyboy who wrote (15131)9/18/1998 6:21:00 PM
From: Jenna  Read Replies (1) of 120523
 
e-mail...ORCL,LSI,QCOM,NICEY(one of my favorites)

ORCL came out overbought on my charts on Thursday night and I deleted it from my watch list and database. I was not bullish on it for today and it was weak. I still like it and did well with it before and after earnings but wait for a bigger pullback.

LSI..not particularly bullish on that one. Its more of a short candidate now than anything else.. another weak one today. I think there are a lot of stocks in better position for increase than LSI.I think it's about time other tech companies were considered.

QCOM... this one I like.. It was a buy at 46 5/8 breaking through resistance. I'm bullish on QCOM

NICEY.. the #1 company in the world in audio-recording equipment. It's got the best long term prospects, based partly on the fact that its got two deals with Lucent and Seimens. It's only transgression was that it's accounts receivable were not keeping up at an adequate pace. For that the stock price was sliced in half. Very undervalued.. One of my favorites
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