Earnings plays for May 4-May 8, 1998 (long post, please print)
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Earnings Plays for Monday, May 4, 1998
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ALI - ALTERNATE LIVING SVCS.INC.
3 digit growth in EPS, 4 digit growth through next quarter. 35% growth next 3-5 years. Just had a
Wilder 9 day breakout. Stock is still BEARISH and under DISTRIBUTION, but very close to year
52 week high. Very close to crossing resistance of 34.70.
CBSL - COMPLETE BUSINESS SOLUTIONS
MACD Bearish and stock looks to be under DISTRIBUTION. CBSL is a growth stock with
35% growth projected forward for the next 3-5 years. Just had its EPS revised upward from 9 to
12 cents in the last week.
"NEWS" 4/28/98 - Guaranty National Insurance Company -- GNIC -- Chooses Complete
Business Solutions Inc. -- CBSI -- as Strategic Information Technology PartnerComplete Business
Solutions Inc. (NASDAQ: CBSL) announced Tuesday that Guaranty National Insurance Company
(GNIC) has designated CBSI as a strategic partner for working together on information technology
solutions. (Options May 35's)
ORBKF - ORBOTECH LTD.
PEG .62 Growth rate 20% a year. analysis consensus went from 1.5 to 1.8 which is a downgrade,
but ORBKF still expects 25% growth in EPS this year versus same quarter last year. 4 positive
surprises in the last 4 quarters. ERG and Price rank very high in the 90th percentile for all stocks.
The stock is under accumulation with a high relative strength.
HBCCF.. HEFTEL BROADCASTING.
3 digit EPS growth this fiscal year and 3 digit revenue growth.Price is above resistance of OF 43.35
which is bullish. Both MACD and Relative Strength is bearish, but charts looks to be improving.
The RSI has just reached its highest value in the last 14 period(s). This is bullish. Stochastic is
overbought. 700% increase in EPS this quarter versus 1 year ago. Just started trading options
(Options May 45)
DAN.. DANIEL INDUSTRIES.
3 digit EPS growth this fiscal year. Stochastics show overbought. 43% growth going forward next
3-5 years.. Both MACD is bearish and Relative Strength is bullish, it has just reached its highest
value in the last 14 period(s). PEG is .43 Volume is still below it's 30 day moving average.
MCY - MERCURY GENERAL
1 upward revision in the last 30 days to 76 cents from 67 cents. Analyst concensus increased from
1.8 to 1.6 in last 7 days. Chart looks to have reversed. Last 2 quarters were record quarters.
"NEWS" Feb. 13..Mercury on Friday ported fourth-quarter operating earnings of $0.86 per
share, compared to $0.54 a year ago.
RHBC.. RehabCare Group dominates the market for rehabilitation service outsourcing, with 60
percent of the contract management hospital-based rehabilitation units. It appears that investors have
thrown the baby out with the bath water when it comes to small-cap stocks. But we think this orphan
could bring joy to investors in 1998. In recent years, the company has expanded through acquisitions
into the contract management of subacute (skilled nursing) units, outpatient therapy, therapist staffing
and contract therapy. Expectations are that the government will impose a prospective payment
system for Medicare reimbursement based on diagnostic-related groups for many of the most
common types of illnesses and injuries.
This will favor low-cost providers, and RehabCare has among the lowest costs in the industry. The
stock is trading at 15 times estimated 1998 earnings, which is a 25 percent discount to its long-term
trend earnings growth rate of 20 percent, and is substantially below the 19 times p/e for the S&P
500. Given the absence of any exposure to imports, currency risk, price deflation, and other worries
being bandied about under the general flag of the ""Asian situation,"" this superbly managed
company"s stock is undervalued, and we recently added it to our buy list in the emerging growth
category.
_Mark Basham, Emerging and Special Situations, New York, N.Y.
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Tuesday, May 5, 1998
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ALLC - ALLIED CAPITAL CORP Chart is mixed. 35% increase in EPS growth. Support is
24.75 and resistance is at 26.75. General condition of stock is bullish. (Options May 22.50, May
25)
CSCO.. CISCO SYSTEMS.
One of my favorites. Strongly bullish on this stock. 30% growth going forward. Increased
volume..With earnings coming outs should break through 74 3/4 high.
FGCI - FAMILY GOLD CENTERS. Stochastics show oversold. Price is under support at 42
and resistance at 47. 100% increase in EPS .. "Value" indicators show that FGCI is undervalued.
35% growth going forward next 3-5 years.
NEWS... 4/02/98 - Family Golf Centers, Inc. Declares 3-For-2 Stock Split MELVILLE, NY
(March 9) BUSINESS WIRE -March 9--Family Golf Centers, Inc. (NASDAQ, NM: [FGCI]),
which owns, operates and manages golf properties, today reported record revenues and net income
for the fourth quarter and year ended Dec. 31, 1997.
Fourth quarter net income on a diluted basis was $1,660,000, or 13 cents per share, on 13,230,000
shares outstanding, compared with net income of $450,000, or four cents per share on 12,074,000
average shares outstanding for the prior year"s fourth quarter. Revenues for the fourth quarter rose
133 percent, to $16,401,000 from $7,036,000 in the same period of 1996.
OMQP - OMNIQUIP INTERNATIONAL.
PEG OF .75. OMQP is undervalued. 38% increase in EPS with 15% growth going forward next
3-5 years. NEW YORK, March 13 (Reuters) - Morgan Stanley Dean Witter said it resumed
coverage of Omniquip International Inc with an outperform rating. (Options May 20) Stochastic
buy signal was generated on Thursday.
STFF - STAFF LEASING, INC.
Current vs. Year Ago Change 425%, 30% Growth going forward.Stochastic buy signal was
generated on Thursday. Volume is increasing could signal breakout. Correlation Coefficient
1.0 (perfect growth acceleration for last 4 quarters). Sales/Cash Flow very high. Relative
Performance has been low for about 14 sessions, but still think that STFF is bullish. Should perform
well before earnings.
SRCL - STERICYCLE, INC.
This will be a buy if volume picks up. EPS rank is 90, with 4 surprises in the last 4 quarters. SRCL
projected earnings up two digits this quarter and projected 3 digits in the next 2 earnings periods.
Price/Cash Flow is high, ERG and Group Rank change is also very high. Perfect earnings
acceleration in the last 4 quarters. Don't let this one get away.
NEWS...DEERFIELD, Ill., April 2 /PRNewswire/ -- Stericycle, Inc. (Nasdaq: SRCL - news), the
second largest provider of regulated medical waste management services in the U.S., today
announced the increase of its existing credit line at Silicon Valley Bank from $2.5 million to $7.5
million. The new credit facility has a term of one year.
Stericycle Announces Two Acquisitions
DEERFIELD, Ill., April 21 /PRNewswire/ -- Stericycle, Inc. (Nasdaq: SRCL - news), the second
largest provider of regulated medical waste management services in the U.S., announced today it has
acquired the assets of Medisin Inc. located in eastern Kentucky and select small quantity generator
contracts of Bridgeview Inc. located in eastern Pennsylvania. Stericycle management stated that these
acquisitions represent continued progress in executing the Company's strategy of aggressively
participating in the consolidation of the regulated medical waste service industry.
Stericycle Announces 92 Percent Increase in Fourth Quarter Revenues; 166 Percent Increase
in Fourth Quarter Gross Profits; Full Year Revenues Up 88 Percent - PR Newswire - 4:15
pm
FRX - FORREST LABORATORIES
Chart looks mixed with Relative Strength being bullish and MACD bearish.. I've played this one
before.
NEWS... Forest Laboratories Announces the Formation of a Strategic Alliance with H. Lundbeck
A/SSplits Calendar: Forest Laboratories stock splits after market closeMarch 25, 1998.
Forest Laboratories and Parke-Davis to Co-Promote
Celexa for Treating Depression
NEW YORK, March 30 /PRNewswire/ -- Forest Laboratories, Inc. (Amex: FRX - news),
announced today that it had entered into an agreement with the Parke-Davis division of
Warner-Lambert Company (NYSE: WLA - news) to co-promote Celexa (citalopram), Forest's
selective serotonin reuptake inhibitor for the treatment of depression. A New Drug Application for
Celexa was submitted to the U.S. Food and Drug Administration in May 1997 and the companies
hope to begin marketing the product later this year. Financial terms of the agreement were not
disclosed.
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Wednesday May 6, 1998
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AOL - AMERICA ON LINE
I like this one a lot also. Stochastics show that AOL is overbought, but by Wednesday, I hope for a
pullback. price/sales and price/cash flow very high, price/book value is also very high. ERG and
Accumulation is very high. Relative performance in the past 26 weeks has been phenomenal. P/E
ratio is very high but then at least AOL has earnings.
RESEARCH ALERT - America Online upgraded
NEW YORK, April 29 (Reuters) - Merrill Lynch said Wednesday that it upgraded its near-term
rating on America Online Inc. to a buy from neutral, while maintaining its long-term rating as a buy.
-- says 12-month price objective is about $100/share based on company's current share base.
-- sees AOL as ''one of a very few companies that will almost necessarily emerge as primary
conduits to universe of online/Internet.''
FBN - FURNITURE BRANDS INT'L
Nice company. Earnings revised upward by 1 penny. 17% earnings going forward. Look for
support 26.71 Watch for resistance 34, MACD was bearish and stock was under distribution.
Stochastics indicate stock is oversold. I got in on Wednesday.
PROFILE: FBN is a manufacturer of residential furniture. FBN operates through three primary
subsidiaries:
Broyhill Furniture Industries, Inc., The Lane Company, Inc. and Thomasville Furniture Industries,
Inc. For the fiscal year ended 12/31/97, net sales rose 7% to $1.81 billion. Net earnings before
extraordinary item rose 24% to $67.1 million. Results reflect continued introductions of new
products, and lower S/G/A expenses as % of sales due to cost control and reduction programs.
MEMCF - MEMCO SOFTWARE
looks like trend reversal. Very nice company. 28% increase in EPS this quarter, and 35% earnings
going forward next 3-5 years. PEG of 1.01. Analysts' concensus from 1.7 to 1.6.
NICEY - NICE SYSTEMS, LTD.
"nice" company. 43% increase in EPS this quarter. 35% a year increase next 3-5 years. Analysts'
consensus from 1.3 to 1.2.
NEWS... Advanta Mortgage Implements a Nice Quality Solution;
System Tightly Integrated with Aspect's ACD
SECAUCUS, N.J., April 23 /PRNewswire/ -- NICE Systems Ltd. (Nasdaq: NICEY - news)
todayannounced it has completed installation of its NiceUniverse quality measurement system at
AdvantaMortgage, based at Horsham, PA. This installation showcases NICE's newest Computer
TelephonyIntegrated (CTI) quality measurement solution, NiceUniverse 3.0, fully integrated with
Aspect's Automatic Call Distributor (ACD).
TEL AVIV, Israel, March 30 /PRNewswire/ -- NICE Systems Ltd. (Nasdaq: NICEY - news)today
announced new Air Traffic Control (ATC) contracts in Finland. The Finnish Civil
AviationAdministration has selected the NiceLog(TM) Digital Voice Recording System for Oulu
Airport, and the Finnish Air Force has selected the NiceLog and NiceCall(TM) Digital Voice
Recorders for ATC applications in several military airports.
PMRY - POMEROY COMPUTER RESOURCES INC.
21% increase in EPS. 25% increase in EPS next 3-5 years. PEG .46
SAN DIEGO--(BUSINESS WIRE)--March 10, 1998--Facts Online announced that 109 U.S.
technology companies qualified as ''hot'' during February 1998, and March 1998 PMRY made the
list for both months.
HOT - STARWOOD LODGING CORP.
Still long 'HOT' Current vs. Year Ago Change 13% but next quarter improving to 49%. 20%
increase in earnings next 3-5 years. 13 strong buys.
PHOENIX, April 28 /PRNewswire/ -- Starwood Hotels & Resorts and Starwood Hotels &
Resorts Worldwide, Inc. (NYSE: HOT - news) said today that it would announce its 1998 first
quarter results on Wednesday, May 6, 1998 prior to the opening of trading on the New York Stock
Exchange.
ERTS - ELECTRONIC ARTS
Current vs. Year Ago Change 26% but it is next quarter with an increase of 250% which is the
best gain. PEG .94. 30% increase in next 3-5 years. Analysts' consenus downgraded from 1.6 from
1.4.good chart but overbought. should retreat by Wednesday.
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Thursday, April 7, 1998
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ADVH. ADVANCED HEALTH CORPORATION Current vs. Year Ago Change in EPS is
250% and next quarter 156%. 25% growth in next 3-5 years. Upgraded analysts' consensus from
2.0 to 1.8.
EXPD. EXPEDITORS INT'L OF WASHINGTON Stochastics oversold. Chart is bearish, but
could turn around by Thursday. 2 upward revisions in earnings in last 30 days. Upgraded from 2.0 to
1.8. 27% increase in EPS first quarter versus same quarter a year ago.
LOW - LOW'ES COMPANIES 20% increase in EPS compared with last quarter 1 year ago.
20% growth going forward.
METZ - METZLER GROUP... 113% increase in EPS this quarter vesus quarter 1 year ago. 305
a year eps growth in the next 3-5 years.
UNH.. UNITED HEALTHCARE. (MACD) looks bearish. Stock is under distribution. Never played this one before. Looks like a potential play.
BOCB. BUFFET'S INC.
36% increase in eps. 17% going forward next 3-5 years. EPS rank 87 projecte EPS rank 90. EPS change last quarter was very high. MACD Breakout 8/17/0 Day,
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Friday, May 8, 1998
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DOSE 117% increase in EPS. EPS rank 93 projected to be 98. Performance has been lackluster in t he last 6 weeks. Stochastics indicate stock is OVERSOLD
STOCK broke TRIPLE BOTTOM (Bearish) Point & Figure Chart Formation Yesterday This should turn around by Friday.
PTEK Current vs. Year Ago Change 56% and next quarter projected to increase to 100% . 40% growth projected in next 3-5 years.
ICN 33% increase in EPS first quarter and 43% projected for next quarter. PEG = .82
DBCC Current vs. Year Ago Change 67% but next quarter projected to be 450%, Very nice stock already in BUY territory.
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I'll have the html and .pdf file ready by tomorrow.. my Microsoft Front Page was down this evening.
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jenna
marketgems.com |
