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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 (23050)1/27/1999 1:22:00 AM
From: Michael Berkel  Read Replies (1) of 120523
 
Jenna AOL: Ok, it's NOT wise to hold AOL through the earnings report.
But what would be your strategy in case AOL's report is stunning?
So let's assume: the company announces great earnings today after the close. Maybe even a stocksplit?? AOL might then trade higher after hours and pops the next day. Would you jump back in at much higher prices?
A few hours later it might suddenly retreat and profit taking MIGHT set in. I say MIGHT set in. In case of MSFT there was no profit taking at all.
I'd like to know how you would play the stock here, given the "great earnings scenario".
At what point would it be wise to enter? Are you waiting for any
pull back, if it occurs at all?
Thanks very much for elaborating.
Michael B.
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