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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Craig Freeman who wrote (11977)	6/14/2000 2:24:00 PM
From: Craig Freeman	Respond to of 60323

"Rocket Rangers" hot list includes SNDK: moneycentral.msn.com <snip> To seek those names, I created a Rocket Rangers screen in Investment Finder that starts with a minimum level of quality: $1 billion in market capitalization, 100,000 shares traded on average per month and a return on equity greater than 1% (eliminate these if you want to go for broke). Next, I required that the stock price be above its 200-day moving average and within 5% of its 50-day moving average. I then sought stocks that are the farthest from their 52-week highs and which have the widest possible trading range. The formula: Take the difference between stocks' 52-week high and their current price, and add it to the difference between their 200-day and 50-day moving averages. I call this formula the "rocket range" because it reveals the stocks that have shown the capacity both to rise very high and to idle within a large band of prices. The theory is that if the Nasdaq ever gets ignition, these stocks could turn out to have the greatest amount of coiled- up power. They're listed below. Rocket Rangers Company Name Market Cap Rocket Range * Infosys Tech (INFY, news, msgs) 24,868,264,000 219.3 SanDisk (SNDK, news, msgs) 4,509,372,000 125.7 Broadcom (BRCM, news, msgs) 19,825,227,000 125.4 Siliconix (SILI, news, msgs) 2,130,746,000 114.9 PE Biosystems (PEB, news, msgs) 14,399,607,000 100.6 * (52-wk high-current price ) + (50-day MA-200-day MA) Craig