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: kendall harmon who wrote (25486)	2/24/1999 1:18:00 PM
From: Jenna	of 120523

WJCO.. here was a 'no brainer' and alternate play that I missed. WJCO was an earnings plays 2 quarters ago and I watched it but it really went nowhere so I 'latched onto" BOL and AGN instead. Now BOL and AGN are basically out of my price range for this sector. February 2nd WJCO came out with newswire that they expected to beat expectations. It's been trending up for the last few days and today it reported and did beat. Technicals for WJCO Of course the reason I never tuned onto WJCO is because the chart looked pretty dismal. But the trend did reverse this week and now WJCO has broken through resistance of 21 7/8 and climbing. For those of you familiar with BOL, this is sector that has been out of favour but BOL, AGN have been very strong. Wesley Jessen VisionCare Reports Fourth Quarter Earnings Per Share Growth of 23.7% DES PLAINES, Ill., Feb. 24 /PRNewswire/ -- Wesley Jessen VisionCare, Inc. (Nasdaq: WJCO - news), the world's leading manufacturer of specialty soft contact lenses, today reported sales of $73.0 million and net income of $8.5 million for the fourth quarter ended December 31, 1998, up 3.1% and 17.0% respectively as compared to the same period in 1997. Earnings per diluted share for the fourth quarter of $0.47 were up 23.7% over the fourth quarter last year.

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