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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: Wallace Rivers who wrote (9812)	5/29/1998 2:36:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

ICOM...macd is now bullish, Obviously stock is moving into ACCUMULATION. It is trading above resistance of 7 indeed looking like a current breakout. It's 30 day average volume is 479,000, so it's a large volume breakout as well. They expect a much smaller loss this quarter (78% eps growth) and they expect a profit next quarter (167% eps from same quarter last year). This is the kind of company I like to discover. Nice find. Left a message with investor relations department, I'm curious when their earnings are coming out. This could even be a turnaround quarter, since some analysts are predicted a profit and not just a lower loss. Intelect Communications Named Second Fastest Growing Technology Company in Dallas/Fort Worth Area FastTech 50 Award Places Intelect Ahead in the Telecom Corridor Intelect Communications Reports Financing of $5 Million Equity to Reduce Debt and Increase Working Capital RICHARDSON, Texas, May 20 /PRNewswire/ -- Intelect Communications, Inc. (Nasdaq: ICOM - news; ''Intelect'') has been recognized as the second fastest-growing high-technology company inthe Dallas/Fort Worth area. Based on revenue growth in fiscal 1997 of 305% from the previous year, Intelect placed second on the FastTech 50, a ranking of the top 50 fastest growing public andprivate high-technology companies in the region. Last year, Intelect's DNA Enterprises business unit, which provides high-value engineering services and DSP products to the communications industry won 8th place.