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

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To: Logistics who wrote (20575)12/28/1998 2:25:00 PM
From: Jenna  Read Replies (4) of 120523
 
LE and DMMC..SHRP 2 other good ones in the same sector as GEND.. and then SHRP..less volatile .. LE strong reversal today.. I have been watching this chart for about a week now. The Relative Strength just triggered a "BUY" signal. Volume indicators are bullish and Accumulation Distribution is bullish as well.. could be good entry position. Has better technical chart than DMMC but fundamentals not as good. BOth stocks are trading at discounts to earnings compared to their sector.

DMMC... also broke through resistance this afternoon at 14 5/8. I do like the chart of LE better though. Earnings Growth : 66.7% for 1999

SHRP.. agree here with everyone.. bullish on this one.. great store, catalogue.. first earnings estimated to be positive this for 4th quarter.. good one..
DMMC has better fundamentals, although both stocks suffered this year. DMMC trading above 12 day moving average and fundamentals EPS for 1998 fourth quarter looking at estimated 68.8% rise
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