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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Michael Berkel who wrote (20011)12/16/1998 6:56:00 PM
From: Jenna  Read Replies (6) of 120523
 
FDC..RCMT (another "earnings Plays" beats by two cents after the close)

FDC
here is an excellent company that is an intermediary with CYbercash and a host of other e-commerce companies. They seem to do very well their stock is usually on the top 30 for institutional interest (meaning over 30 big blocks going through almost daily). I expect this one could take root and fly eventually. This is just a preliminary opinion based on working with them. Something I feel that is worth looking into.

RCMT..
This one has low volume but showed a nice rise yesterday, today it was uneventful but tomorrow I expect the good earnings report will propel this stock higher. Chances are it won't gap up so watch in the morning.
RCM Technologies, Inc. Announces Record Operating Results
PENNSAUKEN, N.J., Dec. 16 /PRNewswire/ -- RCM Technologies, Inc. (Nasdaq: RCMT - news) today reported record operating results for the fourth quarter and year ended October 31, 1998.

For the fourth quarter ended October 31, 1998, the Company's revenues and net income increased to $63.3 million and $3.2 million ($.31/share - basic and $.30/share-diluted), respectively, as compared to revenues and net income of $37.4 million and $1.6 million ($.21/share-basic and $.20/share-diluted), respectively, in the fourth quarter ended October 31, 1997.
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