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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 (9276)5/10/1998 3:57:00 PM
From: AlienTech  Read Replies (1) | Respond to of 120523
 
Anyone have a take on JBL right now? The stocks going up like last year and a 39 to 43 in less than a month got me nervous enough to get out for now. If I remember correctly 43 was a hard resistance before but I cant get a chart anymore. Its still the under achiever in the group compared to the others and the anal-sist sems to know something cause one of them mentioned that jbl might be getting 2 new contracts, could be hwp's printer business with a possible buy out of the facilities as well. Since I dont see any slow down's as of yet but their earnings got chopped by 20%, there might be some upside surprise on jun 16th when they release earnings. Dont like dejavu and then see missing out on most of the upside.



To: Jenna who wrote (9276)5/10/1998 9:17:00 PM
From: Peter O.  Read Replies (1) | Respond to of 120523
 
ORBKF News from one of those you follow, Jenna:

Sunday May 10, 6:16 am Eastern Time

RESEARCH ALERT-Orbotech 1998 EPS raised

JERUSALEM, May 10 (Reuters) - Lehman Brothers said it raised its estimated earnings per share (EPS) for Israel's
Orbotech Ltd (ORBKF - news) after the company exceeded forecaste first-quarter EPS, but it maintained its ''1-Buy''
rating.

''Showing no sign of weakness in the Far East and Japan, Orbotech handily beat our first-quarter estimate, as EPS sprinted
41 percent to $0.69 -- $0.06 above our estimate,'' analyst Ted Kundtz said in a report.

He said he now estimated EPS would reach $2.83 in 1998, up from an earlier estimate of $2.72, and $3.20 in 1999, up
from an earlier $3.15. He said these forecasts could be conservative especially with the rollout of new products.

Kundtz set a 12-month price target of $48-$50.

Orbotech closed at $37.0625 in Nasdaq trading on Friday.

Lehman said it anticipated continued strong sales growth in the second quarter, especially in the Far East and Japan, for the
company' s printed circuit board (PCB) inspection systems.

Kundtz said Orbotech's price-to-earnings (P/E) ratio of 13.8 times estimated 1998 EPS and 12.2 times 1999 EPS reflected
''compelling value,'' despite recent gains in the share price.

He said the company remained the dominant force in the PCB inspection-system market and was off to an good start with
several new products.
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Thanks for your excellent efforts, Jenna.
Peter