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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 (15517)9/24/1998 2:01:00 PM
From: Jenna  Read Replies (2) of 120523
 
ABTX.. delayed its earnings report. It WILL NOT be today or tomorrow but Monday. What that does is give you an extra day to see if the 'anticipatory upswing' of ABTX will continue or fizzle. The stocks was a short candidate until recently but today's momentum, being up in a down market could be rather significant. ABTS has already been hit but still has a 12 month relative strength of 81%. not bad at all. A growth of of 49% a year is estimated and this could quite possibly hit 20 with a good report. Of course it is also risky but at least you have another 2 days to decide.
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