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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: Jenna who wrote (94273)	4/19/2000 11:01:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

After a superb earnings report IRF gapped up a little over a point and finished up 5 1/2 from gap. It was not necessary to hold through earnings to get that earnings play. On the other hand, the more 'popular' stocks will have gapped up in the morning (i.e. CMTN, QCOM) making entry actually at the high or top of the gap.. We are all guilty of the temptation of holding something through earnings, but I would really advise NOT to give in to the temptation. The stock is not going anywhere.. if it gaps up you can short right at the climax and it begins to fizzle (of course general market indicators are important in these situations).. If you will notice most 'runups' are only 1 day affairs...Gone are the days when a runaway gap will move the stock up past the gap up in the morning and last for an appreciable amount of time. Now if stocks like ALLR weren't entered timely when it was only up about 1 1/2 points, you risk getting in on the top of a gap up and having it sell off.

To: Jenna who wrote (94273)	4/20/2000 4:06:00 AM
From: puborectalis	Read Replies (1) \| Respond to of 120523

Commerce One blasts past numbers By Mike Tarsala, CBS MarketWatch Last Update: 6:01 PM ET Apr 19, 2000 NewsWatch PLEASANTON, Calif. (CBS.MW) -- Commerce One buried year-ago comparisons and beat earnings expectations Wednesday thanks to a massive sales boost spawned by the addition of 70 customers in its March quarter. The exchange software maker boosted sales 1,564 percent to $35 million from $2.1 million in the year-ago period. The company had $16.9 million in sales in its December quarter, so the March quarter represented a 107 percent sequential sales gain. Software license fees for the just-ended quarter were $27.1 million, or 77 percent of total revenue. The company had a more than twofold jump in service revenue -- to $7.9 million from $3.8 million in the previous quarter. "Our revenue more than doubled over the previous quarter, driven by strong demand in all sectors," said Mark Hoffman, Commerce One's (CMRC: news, msgs) chairman and chief executive, in a prepared statement. "Not only are we winning business with leading companies around the world, but we are the market leader in powering the new breed of major industry exchanges." The net loss for the current quarter, excluding nonoperating charges, was $14 million, or 9 cents a diluted share, compared with $7.8 million, or 9 cents, in the year-ago period. Analysts had expected a loss of 12 cents. Including all charges, the net loss for the current quarter was $43.6 million, or 29 cents a share, compared with a net loss of $12.3 million, or 14 cents, after adjusting for a 2-for-1 stock split. Highlights in the quarter include the announcement that Ford (F: news, msgs), General Motors (GM: news, msgs) and DaimlerChrysler (DCX: news, msgs) will join with Commerce One to form what the companies are calling the world's largest automotive exchange. Royal Dutch/Shell also announced a joint venture with Commerce One to build an exchange for the energy industry. It eventually is expected to include 13 other companies, including BP Amoco (BPA: news, msgs). Boeing (BA: news, msgs), Lockheed Martin (LMT: news, msgs), Raytheon (RTNB: news, msgs) and BAE Systems (BAE: news, msgs) said that they would join Commerce One to build an exchange for aerospace and defense. Other new customers include Citigroup (C: news, msgs), Boeing and Eli Lilly (LLY: news, msgs), bringing the total customer count to 135.