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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 (100426)6/2/2000 3:57:00 PM
From: Jenna  Respond to of 120523
 
CIEN looks tempting and look at JBL.. although its on a roll its already as low 10% of today's high price of 47. Looks like it might need a rest, but here again it is not an easy decision. When a stock is overbought but there is a hunger to enter the technology sector, JBL could very well be a likely long candidate actually BECAUSE it looks strong and their was obvious institutional interest in it today. When in doubt stay out.

CMVT was only good that one day I shorted it and that was it. Unless you are prepared to watch the market like a hawk on Monday (especially pre-market) you could make an error. Be prepared to scramble (i.e. CIEN, NTAP) to cover wrong short choices.



To: Jenna who wrote (100426)6/2/2000 3:57:00 PM
From: Rose K  Respond to of 120523
 
RNWK--Thanks, Jenna!!!



To: Jenna who wrote (100426)6/4/2000 12:26:00 PM
From: Junkyardawg  Respond to of 120523
 
Jenna
I am glad you like RNWK. I have some of it also.

My largest holding is CMRC.
My highest buy is $61 a share and my lowest buy is
$35 9/16 a share.
I am bullish and have a very large position on CMRC.
In my opinion, CMRC will have a nice run as long as the Nasdaq continues in an uptrend.
50 day moving average on CMRC is about $56. If it crosses $56 it could trigger a buy signal and if it crosses the 200 day moving average of about $61 I think it will do very well.

I also have some TXN that but I am way up on those options and will probably sell it soon. TXN may be good for a swing trade.......both ways short and long.

dawg