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: Jenna who wrote (16152)	10/6/1998 10:34:00 AM
From: Jenna	Read Replies (1) of 120523

In CLX 84 7/8. in FDO 15 1/2 from yesterday's list(earnings out 10/16) and looking at COST (PRQJI), from today's list, picked up CCI calls CIWJR 3 1/2. I did very well this morning in selling and I'm in no hurry to aggressively buy tech stocks. Still holding PEP, BUD. Out of TLAB with zip. *CLX the stock. PE 29 last quarter EPS 31% growth more than twice as much as PG. 8% increase in sales also twice as much as PG.. yet return on equity 25.1 for CLX and 31 for PG. Some analysts think clorox should perform well even if the U.s. economy should take a big turn for the worse. the consumer products field isnot as affected by economic downturns as much as some other industries, analysts say... People are still going to have to do laundry.. People will still buy bleach. Clorox rolled out 41 new products in fiscal '98 ended June 30. its highest number ever. New products include Lemon Fresh Pine-Sol spray cleaner, tilex FreshShower cleaner and two new Hidden Valley salad dressing flavors. The company's flagship bleach product, Clorpx and its color-safe bleach, Clorox2 control about 705 of the $650 million U.s. bleach markdet.

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