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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 (7551)4/13/1998 10:45:00 PM
From: Peter O.  Read Replies (2) | Respond to of 120523
 
Last,

Your input please on EFII 21 13/16 -2 3/16 (-9.11%)

I believe market has over-reacted to latest earnings report after close on 4/9. Earnings 0.08 vs. 0.37 a year ago.

However, EFII warned in December of Asian effect on 1st Qtr earnings and stock tanked from 40's to 12 7/8 (was as high as 57 7/8 in fall) at that time. Actually, First Call estimate was for 0.05 earnings and thus, EFII actually beat this by .03.

Based on this I think EFII might be worth watching for a few point pop over the next few days. What do you think?

TIA
Peter