Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (9639)	5/24/1998 12:47:00 PM
From: Judy	Read Replies (1) \| Respond to of 120523

AT, I swear, sometimes you make sense. But most times you sound out of this world, kiddo. JBL, the first time we talked about it was on the tank. Trading entry at 32ish, the subsequent rebound was fueled by analyst upgrades and its move to NYSE and liquidity took it up past resistance. But in time the market and its fundamental of declining revenues for the next few quarters should bring it back down to investment range of 28-30. Again, traders were nimble to take profits at resistance, few investors did so and would take the ride back down waiting for the pot of gold at the end of the rainbow. RMBS and CPQ, same story ... difference in mindset between trading and investing. APM and NSM ... forget them. MANU ... maybe so. But the whole ERP sector is under a cloud now, witness the price action in sympathy by ITWO, PSFT, and BAANF while SAPHY is holding well. The market is telling you something, don't second guess it, the market is not stupid. Oh, I saw a post somewhere about earnings jitters starting with MANU and SMOD ... an understatement, wouldn't you say?

To: AlienTech who wrote (9639)	5/25/1998 9:52:00 PM
From: john p. carney	Read Replies (1) \| Respond to of 120523

<Or maybe I am missing a vitamin cause I was even looking at APM..> Argh! No. don't do it AT, that one's a chapter 11 or 13 or 7 or whatever chapter companies go to to die. John

To: AlienTech who wrote (9639)	5/26/1998 10:44:00 AM
From: Jenna	Respond to of 120523

Still bullish on Earnings plays.. only adjustment to make is perhaps not holding the technology companies through earnings. Anticipation makes for moves and the stocks are moving (i.e. RY,BMO,TD,CNJ,VRTS,JDEC,MDT...etc) Any canadian bank stock would have been a good buy on Friday and some of the drug stocks like ELN, MYL were doing fine. Daytrading is still the preferred way to fly imho.. Even if a stock is up 2 points chances are they will give it back the next day. Changing sectors, playing on anticipation, getting in on 'turnaround' charts seems to work for me. If you insist on just technology, I agree, it is dangerous. Cutting across sectors and playing on traders' sentiment and anticipation will be okay for the day trader/very short term trader. SMOD actually gave me 3/8 the day I traded it. Otherwise some of the others like CLE never came into buy territory. I would not give up especially during the summer.