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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: Susan Saline who wrote (7976)	4/19/1998 12:34:00 PM
From: Jenna	Respond to of 120523

TXCC.. (earnings play)record earnings up Friday..buy on dips.. Triple digit growth projected through December 98. QTR QTR FY Mar 98 Jun 98 Dec 98 Year Ago EPS -0.13A -0.07A -0.15A Current vs. Year Ago Change 131% 171% 267% Report Date Apr 15 wk/Jul 15 wk/Feb 4 SHELTON, CONN. (April 15) BUSINESS WIRE -April 15, 1998-- TranSwitch Corporation (NASDAQ:TXCC ) announced today financial results for its first quarter ended March 31, 1998. Total revenues for the first quarter of 1998 were $8,606,000, an increase of 70% over total revenues of $5,056,000 reported for the same period in 1997. In addition, the Company reported net income of $561,000, or $.04 per share, compared to a net loss of ($1,592,000), or ($.13) per share for the first quarter of 1997

To: Susan Saline who wrote (7976)	4/20/1998 5:39:00 AM
From: BoNg-N-BoNg	Read Replies (1) \| Respond to of 120523

re: SEEK.. "stocholastics"...opps I meant "stochastics"...If one follows the intraday stochastics chart of SEEK on Friday,it reflects the overbought and oversold conditions..also the rise and fall of the stochastics %D and %K (and %K crossing %D) also corelates w/ the uptrend and downtrend of SEEK intraday prices...an example is between 1:30 pm (oversold condition) to 3:00 (overbought)..prior to that (at the open of the bell)until 1:30 both %D and %K are in the downtrend (I must admit I bought SEEK w/o checking stochastics condition)..I also made a quick comparison w/ intraday MACD/Ultimate Osc. and 5mma/15mma which I concluded that stochastics gave the "earliest" buy and sell signal..I think using combination of stochastic and 5mma/15mma will enhance and "confirm" buy and sell signal if we daytrade SEEK.. Now for Monday trade, if we look at the closing of SEEK on Friday, the stochastic is in the downtrend and near oversold condition which more likely a sell off at the open (possible gap down as u mentioned it Sue)..BUT as we know it, it will DEFINITELY bounce immediately...the question right now is how low at the opening bell..I'm placing a limit buy at $33 and if it did not materialize within 5min at the open, I will quickly change it to market limit at that time provided SEEK still below 36 11/16...btw, at Fridays closing price of 36 11/16, that should be around the 1/3 retracement of $44++ few days ago...so if the 50% retracement did not materialize at the monday closing, the 33% retracement should be a good support and start the another round for uptrend till earnings....good luck ALL SEEKERS.. opinion/comment welcome.. just a thought.. eL... p.s. watch any internet related news before the open that may affect the opening of all internet stocks..