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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 (4344)	12/15/1997 9:36:00 PM
From: Pierre	Respond to of 120523

The day traders among you may want to look at SANM, another ECM. Since 12/2 the hi lo spread has been 6, 7, 2, 3, 6, 4, 5, 2, 10, and 8. I looked at a tick chart for Friday and today and put a 15 minute moving average on it. On those two days using just that tool as a buy /sell trigger it looked to me that a day trader could have captured 30%-40% of the spread. FWIW, it seems both JBIL and SANM have CSCO as a major customer and CSCO's last quarterly report (released last week, I think) revealed substantial build up in inventory. Solectron (SLR) reported today after bell and was .02 short of consensus, but up 30% year to year. The whole ECM sector looks extremely volatile right now. Pierre

To: Jenna who wrote (4344)	12/15/1997 9:37:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 120523

INVX Technically it hasn't shown any sign of reversal, although today had some nice up action. But then, so did the rest of the market...I'd wait until I see some improvement that takes it aboe the high of three trading days ago. lastshadow