Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Jerry Olson who wrote (15245)	9/21/1998 2:36:00 PM
From: Jenna	Read Replies (3) of 120523

SRCL.. another good "Market Gem" I like this one. Company earnings 10 cents a share in the second quarter, up from 2 cents a share a year ago. Revenue climbed 35% to $14.8 million. On August 1 SRCL signed a five-year deal to license its medical-waste disposal technology to Brazilian industrial services frim Carmargo corea SA. The contract expected to generate $7 million in revenue by end of '99 is a strong validation of the company's experience, analysts say. They made the breakthrough here in the U.s. and now they're going international... In the U.s. the company's operations have grown now has 45,000 customers up from fewer than 200 in '92.. Analysts expect the company's earnings to jump 285% to 50 cents a share in '98 and another 84% to 92 cents a share in '99.. Earnings Velocity: $.10 last quarter estimated $.14 this quarter and $0.17 next quarter.. very nice. Technicals: Relative strength is bullish and the volume indicators are bullish. SRCL is trading above 15 5/8 which was the resistance line.

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