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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 (117133)	11/21/2000 2:10:54 PM
From: Dave Gore	Read Replies (1) \| Respond to of 120523

AVT clocked by 33% (27.5 to 18.75) even though earnings were revised downward only 2-3%. Might be worth looking at. Another FOD (Fallout of the Day....actually since late yesterday) CEO was positive and just on CNBC a few minutes ago. PE around 5-6 looking forward. From the newswires: "Avnet, Phoenix, Ariz., left its expectations for the second half of fiscal 2001 unchanged, but advised analysts to lower its annual EPS consensus estimate of $3.46 by five to ten cents. With 1999 calendar pro forma sales of $6.73 billion, Avnet is the largest distributor, as tracked by Electronic Buyers' News."