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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: Jenna who wrote (8453)4/24/1998 12:52:00 PM
From: Brister  Read Replies (2) | Respond to of 120523
 
Hello Jenna, are you still in cpq calls???
thanks



To: Jenna who wrote (8453)4/24/1998 2:33:00 PM
From: Jenna  Respond to of 120523
 
GTRC,APCC,DLTR...from "earnings watch list" newsletter reported last night and are up even in this market that is down 122 points with NASDAQ down 20..

AGOURA HILLS, Calif.--(BUSINESS WIRE)--April 23, 1998--Guitar Center Inc. (Nasdaq
National Market: GTRC) reported its financial results for the first quarter ended March 31, 1998.

Net sales for the quarter totaled $85.2 million, an increase of $25.4 million or 42.5% from 1997
levels. Sales from new stores contributed $15.0 million, or 59.0% of the total increase. Comparable
store sales increased 17.5%, or $10.4 million, compared to the first quarter of 1997.

American Power Conversion Posts First Quarter Sales and
Earnings Growth of 27 Percent

WEST KINGSTON, R.I., April 23 /PRNewswire/ -- Driven by continued demand for its power protection solutions, American Power Conversion Corporation (Nasdaq: APCC) today announced first quarter sales and earnings growth of 27 percent for the three months ended March 29, 1998.
Sales for the first quarter of 1998 were $218.9 million, up 27 percentfrom $172.0 million for the first quarter of 1997. Earnings for the first quarter of 1998 were $26.7 million ($.28 per share), up 27 percent from $21.0 million ($.22 per share) in the first quarter of 1997.
"We are very pleased with our strong start to fiscal 1998, as we continued to successfully execute APC's objective of sustaining solid growth rates for both revenues and earnings," commented Rodger B. Dowdell, Jr., APC's president and CEO.



To: Jenna who wrote (8453)4/24/1998 2:59:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
GTRC,APCC,DLTR, FLEXF...from "earnings watch list" newsletter reported last night and are up even in this market that is down 122 points with NASDAQ down 20.. FLEXF was downgraded from strong buy to buy.. still a good buy however on a dip.

It is NEVER that the market ignores good earnings but rather that certain stocks are so incredibly OVERBOUGHT, that the earnings surprise is already built in to the "anticipatory runup" before earnings. That is why I like to buy these stocks 1-3 days before earnings and make the play. Don't hold it too long though. Anticipation is easy to follow, it portrays sentiment and in this case you SHOULD follow the herd and buy. Never bet against the herd in an earnings play. Do your homework, if the chart pattern indicates a POSSIBLE TREND REVERSAL from the strength it showed previously and earnings date is close, chances are that the stock has 'fizzled' out. On the other hand if the chart is REVERSING positively or the stock is not above its 52 week high, and below it's 7-10 day moving average there is a chance of a continuation of strength.

The sector is crucial as well. STLY, LCE, LADF are in favored sectors and they tend to increase in strength. MSPG, CHKPF have run up so much that the best way to play them is to wait for them to complete their correction. Use technical analysis to determine entry/exit points AFTER the earnings come out as well as BEFORE.

****************************************
AGOURA HILLS, Calif.--(BUSINESS WIRE)--April 23, 1998--Guitar Center Inc. (Nasdaq
National Market: GTRC) reported its financial results for the first quarter ended March 31, 1998.

Net sales for the quarter totaled $85.2 million, an increase of $25.4 million or 42.5% from 1997

***************************************
SAN JOSE, Calif., April 23 /PRNewswire/ -- Flextronics International Ltd.
(Nasdaq: FLEXF), a global full-service supplier of innovative design,
engineering and manufacturing solutions, today announced its 1998 fiscal year
and fourth quarter results for the period ending March 31, 1998.
Net sales for the fourth quarter were $331.1 million, up from
$295.0 million the prior quarter and up 92% from $172.2 million, in the
quarter ended March 31, 1997. Net income before one time charges was
$10.9 million, or $0.53 per share on 20.8 million fully diluted shares
outstanding, compared to $7.5 million, or $0.43 per share on 17.5 million
shares outstanding, in the same period a year ago.
levels. Sales from new stores contributed $15.0 million, or 59.0% of the total increase. Comparable
store sales increased 17.5%, or $10.4 million, compared to the first quarter of 1997.

***************************************
American Power Conversion Posts First Quarter Sales and
Earnings Growth of 27 Percent

WEST KINGSTON, R.I., April 23 /PRNewswire/ -- Driven by continued demand for its power protection solutions, American Power Conversion Corporation (Nasdaq: APCC) today announced first quarter sales and earnings growth of 27 percent for the three months ended March 29, 1998.
Sales for the first quarter of 1998 were $218.9 million, up 27 percentfrom $172.0 million for the first quarter of 1997. Earnings for the first quarter of 1998 were $26.7 million ($.28 per share), up 27 percent from $21.0 million ($.22 per share) in the first quarter of 1997.
"We are very pleased with our strong start to fiscal 1998, as we continued to successfully execute APC's objective of sustaining solid growth rates for both revenues and earnings," commented Rodger B. Dowdell, Jr., APC's president and CEO.