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: Riley who wrote (26052)	3/3/1999 10:35:00 PM
From: Jenna	Read Replies (2) of 120523

ATEC..I remember that one, does look very good. After a preliminary checking of next weeks earnings plays I see we have almost no tech stocks once again. What I think we should do in the next week or two is 'rediscover' the past earnings plays as watch list candidates. What happens after an earnings play gets a great report is obvious: it goes up.. but after a few days or weeks profit taking sets in and the stock goes in a well deserved 'resting period'. Now would be the time to re-discover stocks emerging from this resting period. FOSL, YUM, SONE, KING, SDLI are examples of companies that went on an on until that hit new 52 weeks highs and pulled back. FOSL has been a great hold ((Fossil Profits Spring 87% On Record Sales)) and we will find others after they finish their retreat.

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