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

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To: ayahuasca who wrote (36688)4/27/1999 2:15:00 PM
From: Jenna  Read Replies (3) of 120523
 
<ALERTs> 3 earnings plays looking good here triggering buy signals: #10 April 27, #1 April 30, and #2 April 30 . #2 broke through resistance this morning.''

We are reiterating our Buy on Stock #2, as we believe that recent weakness in shares presents an excellent buying opportunity,'' said King. ''Currently, stock #2 is trading at only 7.7 times our 2000 earnings per share estimate of $1.35. Our price target for #2 is $30, which is 30 times our 2000 earnings per share estimate, discounted back 35 percent for one year. At current levels, investors have the potential for nearly 200 percent return on investment 3/24/99 BancBoston Robertson Stephens Reiterates Buy Rating on Stock #2.

I still like #1 on today's watch list It had a double top point & figure breakout coming into today and I'm looking for a target of 60. Reports after the close. If this beats it could propel a little rebound in the sector. If it loses I'll try to escape.. I'm in the stock in this one, not too much and not too little (300)
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