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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 (31135)4/7/1999 12:11:00 AM
From: Jenna  Read Replies (1) of 120523
 
..ASND, ETEK (still holding DELL, MU,GE, INKT, LU, ELNK options) MU is an example of an earnings play that during the tug of war after the report didn't really land on its feet, but has been in an uptrend almost from the second day after the report.

Again what you should be learning from this is that about 95% of the time an earnings play that beats the street will ultimately have its surge. So far the only stock in the past 3 months that has not come through was GNSS, otherwise all of them had had a number of surges already.

ETEK.. upgraded before an earnings report not bad. Now if you will note

ASND (another earnings play) is exactly the 'anticipatory upswing' we are looking for in an earnings play in the large cap tech sector. it's the way you should play all the 'big ones' (i.e. GE,JBL,CMVT,SLR,ANF,CC,GPS etc) BEFORE and not holding through earnings:

Tue Apr 6 ETEK E-Tek coverage initiated by SoundView - Briefing.com
Mon Mar 15 ETEK [$$ - free trial] Communications' Biggest Bottleneck - at TheStreet.com
Fri Mar 5 ETEK E-Tek Dynamics coverage initiated by USB Piper Jaffray
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