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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: Susan G who wrote (90631)3/29/2000 4:12:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
MLHR.. TROY.. <GILTF, ORBK> out for a while. GILTF was down quite a bit yesterday and I did nothing but its come back. I've closed GILTF and ORBK for a few weeks.. Let them breathe a little. I've held them too long now. AUDC did great for a few strong days but I didn't get in. I'd rather buy some new economy stocks and then tech stocks than get the internets and biotechs.. Internets and Biotechs will not be the first to enter after this corrections. The 'better' new economy stocks and chip stocks and strong techs will be gobbled up as 'bargains'.

The biotechs and net stocks will be 2nd tier stocks IMHO. I'd rather be a buyer, and I am, of CREE than GLGC for the intermediate term. And as for the the lack of earnings of the net, revenue growth just doesnt' compete well with actual EPS gain. Look at TFS.. and CCBL, TDS yesterday. These are trying to show their mettle and will be expected to have stellar earnings. PHTN.. will be back and I'd be a buyer of PHTN before I'd buy CEGE.

TROY after a long downtrend might be moving up.

I know, their furniture is fabulous. Sent out an email on MLHR the day it reported after the close.