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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: mtconway who wrote (82894)2/15/2000 3:32:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Stocks that should move tomorrow: TEVA, MERQ, ORCT, and FORTY.. There are more but that's enough for now. All are repeaters and some of the better plays.

This kind of updates will be on the Market Gems Bulletin board come March. It is infinitely more lucrative to be familiar with the stocks you are trading than buying 'one day wonders' on news or unsupported claims on momentum stocks. I will be putting over 100 of our best plays into a database for watching news that might come out.


Formula delaying earnings release
By Jerusalem Post Staff

(February 15) - Formula Systems Ltd., a software holding company, said yesterday it is postponing release of its fourth-quarter earnings results until February 28, because of the planned public offering by its Magic Software Enterprises subsidiary.

"According to the information currently available... the earnings per share for Formula Systems Ltd. is expected to be higher than analyst and Wall Street expectations," the company said in a statement.

Formula's Nasdaq-traded shares were up 13.85 to $76.25 at midday yesterday.

***FOCUS-Teva Q4 EPS jump, sets stock split
(New throughout)

By Tova Cohen

TEL AVIV, Feb 14 (Reuters) - Teva Pharmaceutical Industries (NasdaqNM:TEVA - news) announced on Monday a 25.5 percent rise in fourth quarter 1999 earnings per share and said it was ''very comfortable'' with a $2.60 EPS consensus estimate for 2000.

''We are very comfortable with the (2000) consensus estimate,'' CFO Dan Suesskind told a results news conference.

Israel's biggest drug company also said its board had approved a two-for-one stock split of its ordinary shares to be carried out in the form of a 100 percent stock dividend.

The market welcomed the news and Teva's Tel Aviv traded shares gained 4.75 percent at 309.0 shekels on the news in early afternoon as the Tel Aviv 25 blue chip index was up 0.12 percent.

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