Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: janie who wrote (68779)	10/30/1999 8:39:00 AM
From: TimbaBear	Read Replies (1) \| Respond to of 120523

Janie....only did a quick technicals review of BOL,LASE,STAA,and VISX this morning, but here's my take (for what it's worth!) STAA: looks like money flow just turned negative with RSI and Williams %R weakening, I won't buy an issue that isn't strong relative to the market and who big money is betting against, so this one, for me, is not ready yet. LASE: big money is still leaving this stock. VISX: Girl, this one is still a falling knife!....All technical indicators are heading south for the winter....best thing I can find about this one is that the money flow appears to be approaching oversold....but who knows how long it will stay there?....No way Jose on this one. BOL: Well....the best of the batch....Money flow, RSI, Williams %R are all positive, Stochastics are maybe turning positive, had a great one day volume that may be indicative of a reversal to the upside....that's the positives....the negatives are that it is trading below it's 200DMA and it looks like the 200DMA is still declining, I surely do like to wait for them to cross the 200DMA on strength before getting in!....I don't know on this one....I think this is one that I'll take to the next step of my personal evaluative technique and do some research into the company's fundamentals, but this might be a keeper, I'll let you know what I think....if you know something of the fundamentals, please share with me!

To: janie who wrote (68779)	10/30/1999 9:29:00 AM
From: TimbaBear	Read Replies (1) \| Respond to of 120523

BOL....took a look at the fundamentals and this company may be a good candidate for a long term portfolio or maybe as a play for the next earnings season....don't see enough in the news/numbers for the kind of near term increase in price that Gemmers like to get. Looks like the company has sold off it's non-core businesses and is ready to be nicely profitable from here on out....they have nice cash reserves and a good debt ratio....they look (to me) to be fairly valued at current prices. They just got approval in Japan for one of their products, but I will wait and see if this adds significantly to their bottom line.

To: janie who wrote (68779)	10/30/1999 12:21:00 PM
From: bobby is sleepless in seattle	Read Replies (1) \| Respond to of 120523

Janie, visx, goodness, I started to buy at 67-68, stopped out, back in at 64, only to see the continued downward trend and following the larger averages, thought we'd see a reversal. lower high's, lower low's for visx...looking to go lower as it closed near its low of the day... Overall, pathetic perfomances. This sector is just plain out of favor. Yet, earnings continue to be beautiful with qtr over qtr numbers solid across board. of the ones I follow (macdh), the most bullish pattern is PMSI as it bouncing off the zero line and reestablishing an upward trend. Next is LCAV, below zero line, and just days away from crossing, UNTIL earnings came out and numbers were met...maybe the trend will coninue, I plan to buy back in the very low 4's....again. And their new pricing strategy appears to be paying dividends, OTOH, herein lies the problem as others should/will react...Canada companies are setting up shop in the US, Bellevue has one now. I anticipate procedures to expand even though margins decline, bottom line imporvements to continue. And who benefits the most ss surgical procedures skyrocket? ...VISX...correct me if I'm wrong, they are paid a flat fee for each procedure and are immune from price cuts, although, not from competitors. BEAM is giving a try, can't make the cross. of the 14 companies I track, only two in the green yesterday...BOL and lase. I've just about thrown in the towel...perhaps the clearest indication the eyes are about to see greater than 20/20 vision as this blurred sector is indeed ready to bounce...or not!