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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 (7369)	4/8/1998 11:11:00 PM
From: Sergio H	Respond to of 120523

Hi Last Shadow. I am very pleased with PWAV's earnings report tonight. Amigo Sergio

To: LastShadow who wrote (7369)	4/8/1998 11:11:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 120523

I have a question regarding earnings, Like how can earnings get upgraded or downgraded without a notice of upgrade/downgrade showing up? I mean can the EPS go DOWN with out the stock being downgraded? It would seem strange for that to happen but 2 of the stocks I follow one had their EPS raised and one lowered but no news of any UP/DOWN grades, I just ASSumed that when the EPS was lowered the company warned or got downgraded and vice versa. Do the companies call the analyists and tell them to do this or can anyone just send in a number to First call and they will just add it to the database. Anyone know? PS.. PMCS made another 52week high today.. Just in case no one was paying attention.. <smirk> one of these days that boy needs a good beatting!

To: LastShadow who wrote (7369)	4/9/1998 4:50:00 AM
From: AlienTech	Read Replies (2) \| Respond to of 120523

Time to get the Zoloft out again! Wheres Preddy when we need him the most! At leaset PFE's sales will go through the roof on account of more than one Thing. Hes saying it will be an UP day on thursday, Didnt you already say that too LS? To: +Barry Hall (15833 ) From: +David Plonk Thursday, Apr 9 1998 3:12AM ET Reply # of 15849 Barry, Wave 2 up will not be completed over night, because it's a larger degree wave. Wave c of 4 of 1 could be completed last night because it was such a minor degree wave. Now we could complete a small portion of wave 2 up in the overnight, but it should be clear by early in the session tomorrow as to how far we've come in the wave count, and how much to go. Closing your eyes is a good idea, and batten down the hatches while you're at it, and hang on to something that won't move. Wave 2 rally's can get very hairy. As a matter of prinicipal, I typically will not hold a short into a wave 2 rally of this degree because they can be very sharp, and retrace much of the wave 1 down. But this is a special case where we had an extended wave 1 down, and the window tightens now for the rest of this move to take place. The wave 2 rally should be relatively quick, and will probably take the dow up more than 100. But just like Monday, I expect late day action to reverse into a negative close that will scare the prozac out of the Bulls, and be the precursor to the coming collapse. So why not just sleep in late tomorrow? :o) Regards, David