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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 (16199)10/5/1998 4:40:00 PM
From: Jenna  Read Replies (1) of 120523
 
Analysis of today: Very hard day, but not bad! YHOO turned nicely today from a low of 117 1/16 to a high of 129 9/16 closing at 125 13/16. Put in a buy at market JBL,LCOS and TLAB a little after 4:00.. got TLAB 38 1/2. Was going to pick up THC but was unable after 4:00. AOL just grabbed a profit and fled. Looks like XCIT, LCOS finished strongly. NSOL crept up from 34 to 37 so I would not ignore that one either. By October 7, government is supposed to come up with a decision one way or another. Not all that impressed with CSCO but it looks to have bottomed and could pop tomorrow.

Tomorrow we will continue our watch list picks of 'defensive' stocks. HNZ popped from yesterday's watch list as well. I also noticed some beaten down stocks closed at the high end of their range today. They will be on the watch list as well. JBL reports earnings tomorrow and although they are down from last quarter, they could provide JBL with a nice pop.
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