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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: LastShadow who wrote (4910)	1/23/1998 10:26:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

Cashed out most issues today and covered shorts... humm....what to buy? waiting to re-enter QCOM again what looks like a good day trade? RMBS coming into buy range very quickly? IOM also? Waiting for 27 on ASCEND? what am I missing? Jeff

To: LastShadow who wrote (4910)	1/27/1998 2:53:00 AM
From: Jenna	Respond to of 120523

OATS reports in line but net income for the fourth quarter of 1997 increased 368% to $2.0 million from $421,000 in the same period in 1996 Sales for the fourth quarter of 1997 were $84.7 million, an increase of 34% over sales of $63.4 million for the same period in 1996. Sales for the year were $311.1 million, an increase of 62% over sales of $192.5 million for 1996. The sales increase reflects four newly opened, one relocated and nine acquired stores during 1997, as well as the inclusion of a full year of sales for seven newly opened and 13 acquired stores in 1996. During the fourth quarter of 1997, the Company opened two new stores in Buffalo Grove, Illinois and Denver, Colorado, and relocated a store in Scottsdale, Arizona. Comparable store sales increased 6% for the quarter and 5% for the year, based on both new and acquired stores that have been operating longer than 12 months. The comparable store sales increase for the year includes a comparison against significant sales increases in the Company's Colorado and Vancouver, British Columbia store bases in the second quarter of 1996 resulting from a strike at conventional supermarkets in those regions. Exclusive of the strike comparison, comparable store sales increased 6% for1997. Net income for the fourth quarter of 1997 increased 368% to $2.0 million from $421,000 in the same period in 1996. Net income for the year increased $11.5 million to $7.0 million from a loss of $4.5 million in 1996. Diluted earnings per share for the fourth quarter of 1997 increased 325% to $0.17 from $0.04 per share in the same period in 1996. Diluted earnings per share for the year increased $1.29 to $0.64 from a loss of $0.65 per share in 1996.