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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 (16883)10/20/1998 1:14:00 PM
From: Jenna  Read Replies (6) of 120523
 
XIRC out 28 in at 21 3/4 (10/14)..and question about analysis of SSNC..

longer term trades seem more profitable than just daytarding or holding overnight. I'd like to hold about 25% of the portfolio overnight, but we'll see. I wish the market will allow us to enjoy those position trades again.

SS&C Technologies' earnings are expected to increase in both this year and next. At this time, analysts expect earnings of $0.47 per share this year (1998) and earnings of $0.76 per share next year (1999). This points to a rise of 80.8% over last year's earnings of $0.26 per share, and another increase of 61.7% in 1999.

Estimated EPS growth third quarter is $0.12 per share for the third quarter, which is more than the $0.08 per share from 1997, an increase of
50.00%.

TECHNICALS:
are not very good but the volume patterns indicate that SSNC is under acculuation. I would have liked to pierce resistance of 15 3/8..H
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