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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 (40608)6/3/1999 9:23:00 PM
From: Jenna  Read Replies (2) of 120523
 
FRNT,FWRD,RINO,RIMM,RSC,RCMT If we insist on just chasing the old hi flyers, we will have days of non-trading and 'Waiting for Godot' type of days. The retail sector was good today and I did mention that the same store sales were coming out last night. But I too was looking forward to a possible resurrection of EXDS and NITE. I still think they both offer a better chance of gains than some of the others but we must wait patiently. I managed to pick up some PVN puts which I should have picked up yesterday and the stock did start to tank but otherwise pretty lackluster day, being forced to exit MACR, INTU and BMET which I had intended to hold a while longer. Nets were pretty bad stocks like NITE, SILK and DIR going nowhere.

Great news for 'fans' of two of my favorite stocks ETEK and CACS will be trading options by June 10. I've stayed out of CACS on two occasions becaus I didn't want to invest the large amount needed for a substantial gain. ETEK has been wild and wondertful. The others like RRRR and FRNT, seemed cheap enough but options won't be bad there either. DIR is also coming out with options.

CHICAGO, June 3 (Reuters) - The American Stock Exchange (AMEX) said it will list options June 8 on stocks of Bid.Com International Inc. (Nasdaq:BIDS - news), E-Tek Dynamics Inc. (Nasdaq:ETEK - news), Rare Medium Group Inc. (Nasdaq:RRRR - news), Carrier Access Corp. (Nasdaq:CACS - news), Emulex Corp. (Nasdaq:EMLX - news) and Frontier Airlines Inc. (Nasdaq:FRNT - news).

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