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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Clang who wrote (45515)	6/21/1999 8:42:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 120523

BEBE reiterated BUY ratings from Robbie Stephens and Raymond James today. Up 5 points in two days. Looking for another 5. Don't laugh, this is how this stocks likes to move. In big chunks. Very hot sales in BEBE stores it's reported.

To: Clang who wrote (45515)	6/21/1999 9:06:00 PM
From: Jenna	Respond to of 120523

Thanks I did try to let traders know about the pending correction right before the end of the last earnings season and the length of it but as for predicting the future, that's a tall order. That's why I reprinted that article on Trading Psychology. Traders have to retain equanimity above all and know they are only as good as their last trade. The Catalysts for destruction according to the article is EGO Ego is the Ebola virus to the active trader. There is an antidote however: HUMILITY. I do think that the gains in the nets are very steep and probably the corrections when they come will be deep but less so. July would seem to be the latest I would hold any large positions. Even now I would sell and churn if profits are accumulated. Of course I held my nets (except for VRIO) but will be looking for profit taking on a major portion. I would suggest that you take profits on larger positions and hold 1-200 shares for accumulation. Notice that when one net is correcting the other is up (VERT/VIGN) so if you take profits on VERT you would still be able to find more in VIGN.. and probably MSGI and some others will have their day in the sun as well. I think also that the IPO dillution is making it imperative to select the best nets and GNET was definitely on my list of the best (VRSN, VRIO, INSP, EXDS, COVD, NSOL) follow the other bellwhethers like YHOO, AOL, RNWK. For fun and daytrading I'd try the extreme volatile ones on up days like BRCD, SILK, RBAK etc.. For longer term holds I still like WITC, WCAP if you must have anything in that sector. My intermediate holds are still in telecoms and software service stocks, a few retailers, and now semis but nets are still a far fourth. I like T,MACR,EFII,BLS,CSCO,INTC, INTU, GMST and that group but I would be cautious puting away LCOS,ATHM for weeks without tracking it at least 4 times a day.

To: Clang who wrote (45515)	6/21/1999 9:17:00 PM
From: Jenna	Respond to of 120523

GNSS 1/2 point above stop(see below), CACS which I entered today as it was reversing course from negative is up(+4.48%), I suggest you watch that tomorrow. This is second trade in a week in CACS. CS earnings play mentioned today ended the day strongly. Took a small option position this afternoon. COMS another play we called last Thursday is looking stronger and holding the options here as well. Also holding options in: CACS,MU (from last week), RNWK, COVD. What I missed were options in LEH, MWD. Monday June 21, 7:19 pm Eastern Time Cabletron names new COO, reports narrowed loss ROCHESTER, N.H., June 21 (Reuters) - Cabletron Systems, (NYSE:CS - news) which has endured several turbulent quarters, on Monday named a new chief operating officer and posted a narrowed loss for its first quarter ended May 31. The number-four maker of computer networking equipment said it promoted Romulus Pereira to the chief operating officer'spost from his position as general manager of the firm's service provider unit. Cabletron also said its net loss for the first quarter, including all charges, narrowed to $22.5 million, or 13 cents a share, compared with a loss of $154.6 million, or 95 cents, in the year-ago quarter. On a pro forma basis, excluding amortizations, write-offs, and special charges, the company posted earnings of $7.28 million, or 4 cents a diluted share, compared with break-even results in the year-earlier quarter. A consensus of analysts surveyed by First Call had forecast earnings of one cent per share. Analyst Chris Stix of S.G. Cowen & Co. termed the results a ''positive quarter,'' on the strength of better-than-expected sales of $349.5 million, compared with $365.7 million in the year-ago quarter. Stix, who has a ''buy'' rating on the stock, said he had expected sales of $320 million. ((((((((((((((((((((())))))))))))))))))))(((((((((((((((()))))))))) Genesis Microchip Releases Revenues for Three Months Ended May 31, 1999 Strength Of Merger Demonstrated In Increased Unit Sales, Revenues And Gross Margins TORONTO--(BUSINESS WIRE)--June 21, 1999--Genesis Microchip Inc. (Nasdaq:GNSS - news), a leader in digital video/graphics-processing integrated circuit products, today reported unaudited revenues for the three months ending May 31, 1999. Genesis Microchip completed its merger with Paradise Electronics on May 28, 1999, and these revenues reflect the combined revenues of the two companies. The company recently adopted a new fiscal year ending March 31 rather than May 31, in order to align its fiscal quarters with calendar quarters. The official earnings report for the company's fiscal quarter ended June 30, 1999, is scheduled for release on July 22, 1999. Combined revenues for the three months ended May 31, 1999, grew to $16.1 million. Unit shipments for this period were over 520,000. Overall gross margins for the three months ended May 31, 1999, increased to 65.7%. ''The company felt strongly that shareholders would want some preliminary indication of the strength derived from the merging of the two companies, so that is what we are doing today with the release of revenues,'' stated Eric Erdman, Genesis Microchip's CFO. Genesis annual meeting has been set for September 28, 1999. Financial information in this release is expressed in United States dollars and is prepared in accordance with U.S. generally accepted accounting principles. Genesis Microchip Inc. -- an ISO9001-registered company -- is a leader in digital video/graphics-processing technologies. The company designs, produces and markets highly integrated semiconductors for a variety of imaging and digital display applications. Customers include Acer, Apple Computer, Dell, Fujitsu, Hitachi, IBM, In Focus Systems, LG Electronics, Mitsubishi, Philips, Samsung Electronics, SGI, Sharp, Siemens, Sony, Texas Instruments, ViewSonic and more than 200 other companies. Genesis is headquartered in Thornhill, Ontario, Canada, while its U.S. subsidiaries are located in San Jose and Mountain View, Calif. Further information is available at: genesis-microchip.com. --------------------------------------------------------------------------------

To: Clang who wrote (45515)	7/26/1999 10:05:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Clang I'm nor sure its not more trepidation than insight. I felt immediately that the stocks were a little ahead of themselves this earnings quarter because of Fed meetings. What should have been anticipatory upswing for the earnings reports became "anticipatory uswing' for the Fed report. Ironic isn't it? So the 'news'was built into the prices of the net stocks about 1 week before and about 1 week after which still was BEFORE the intense earnings report. That is why stocks like EXDS, RNWK, YHOO and AOL surged. So now we have a situation that should have occured at the end of July, namely the stocks should have surged another week but the surge should have started later. Fortunately I took advantage of the anticipatory upswing from the Fed and bought stock around the days before the report, on the day of the report (calls) and up until the last few days. Another irony is besides a few days holding ,EXDS (missed most of the run up gain but all of the downswing also), GALT, ALLR, HLIT (missed the second run up but then I missed the downswing on ALLR also , BOBJ and a very few others (only hit and run trades), my best gains since June 17 were were going long from the 'shorters' plays: namely STMP,PHCM,CUST and WAVX.. If my computers had not gone on the blink I would have gotten into puts this mornings which was what I tried to tel the thread. The reason the watch list have been coming out so late these last few weeks was that I was trying to balance some good plays with the watch list with some "alternates and/or substitutes' from the earnings plays, not a small chore. I'm hoping that August will be better but as for the nets, I don't trust long time holds with them. I met someone this afternoon who thanked me for giving him WEN and GILTF..He made about 5 points on one and 10 points on the other but traders this was the first week of MAY..That was 10 weeks ago. and he ws pleased how many of you lately are pleased with that gain in 10 weeks. You want it in one day and so do of, of course, but I think that we should grab every gain we can and get out with 5% profit. I don't take home nets only about 10% of the time. and lately they are 50% puts.