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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 (117778)12/1/2000 9:55:21 AM
From: Dave Gore  Respond to of 120523
 
Of course you need to factor the consensus growth rate going forward. INTC isn't going to grow as fast as an ELNT or even an AVT (predicted to grow at 53% earnings by the CEO yesterday) or hordes of others, so consensus PE for both the upcoming quarters in FY2000 and 2001 must be looked at. Fact is some stocks are expected to grow dramatically.

I take a conservative estimate of FY2001 in case they miss by 10% or so, and even much more when the growth in earnings is expected to be dramatic. That said, companies with PE's over 100 (unless expected to drop significantly in the next quarter or two are questionable investments, but still possible trades, for a while)

Zack's is a good source.



To: Jenna who wrote (117778)12/1/2000 9:55:37 AM
From: Jenna  Read Replies (4) | Respond to of 120523
 
BRCD short bait(166 1/2) 165 or 160 puts HGSI short bait 64 3/4 as a hedge in case the market turns, which it probably will at least for these babies