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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: Nancy who wrote (7355)4/8/1998 6:56:00 PM
From: AlienTech  Read Replies (1) | Respond to of 120523
 
>>it did have signs of going down - note it had dropped for no news for weeks, and acting real weak going into earnings.<<

Ah no, it only dropped after the downgrade. Not exactly a downgrade but an analyists had said that SOLLY might be having pricing problems since NETA now has a suite. Thats when the peak and dump happened. Its been going down ever since. Today earnings were 0.21 v/s estimates of 0.28. I could be wrong on that one. Now when ML downgrades its time to buy. Maybe AB will join ML in as well..
I think solomon downgraded it based on valuation.

Just like RXSD dropped points or so when an analyists said it was a good short. Adam H today reitersated their 45+ price on it but it didnt help. 10+ mil short fat guys sitting on top, but just think, when they start to fall off it will look like IOMG..