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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 (15293)9/22/1998 11:30:00 AM
From: Jenna  Read Replies (2) of 120523
 
Another good Example of "overkill" PHG came back..also ASI,CCA
...Philips Electronics Warns 1998 Profit Will Be Flat With Year Ago

The company's stock fell sharply in the wake of Monday's profit warning. In morning trading, Philips' New York Stock Exchange-listed shares (PHG) were down $7.375, or 15%, at $43.375.

ASI.. from the 'permanent watch list' of small stocks I keep, and tell subscribers to keep, was up 10.5% today. It DID NOT gap up at the open either. Expect this sector to come back after ASI, TLC, APOL and CLCX were slaughtered earliet this summer. ASI was written up in Barron's about 4 weeks ago as being among the worst hit but FUNDAMENTALLY SOUND stocks around.. Another on this list was CCA also up today..
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