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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: Nathan who wrote (67779)	10/25/1999 11:08:00 AM
From: Jenna	Read Replies (3) \| Respond to of 120523

#13 for 25 EP. With a PEG of .62 and over 10 buys and the earnings and the bill below I don't expect downside risk, but I'm not all that familiar with the sector. 41 close would be nice a double top formation there on 30 minute chart. I'm assuming this would not be a daytrade. If you check the volume notice how nicely its been rising since the 19th. Insurance Stocks Rise On Banking Bill NEW YORK (Reuters) - The shares of financial services companies jumped in active trading by midday Friday as Washington prepared to pass a historic bill allowing banks, brokerage firms and insurance companies to enter each other's business. Insurers dominated the 25 leading percentage gainers on the New York Stock Exchange, especially companies specializing in life insurance because they are seen as the likeliest acquisition targets. The bill was expected to accelerate mergers in the U.S. financial services industry as companies seek to build ''financial supermarkets,'' offering all of the services that a customer would need under one roof.