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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: White Bear who wrote (10324)	6/16/1998 11:27:00 PM
From: Jenna	Respond to of 120523

FTU..simply because the chart of FTU is the first of the group to improve. Relative Strength is bullish. The RSI has just reached its highest value in the last 14 trading sessions. The Market Facilitation Index* is lower than yesterday and volume is higher suggesting that FTU is about to move even higher. That means price movement is lagging behind volume. This together with bullish relative strength could mean a change of chart trend. FTU also gapped up this morning on higher volume and chart looking bullish. *The MFI simply divides the day's range (high to low) by the total volume. The result shows the efficiency of price movement by quantifying the price movement per unit of volume.

To: White Bear who wrote (10324)	6/17/1998 9:14:00 AM
From: Walter High	Respond to of 120523

Sahara: First Union (FTU) has performed extremely well over the past year. It has had a little difficulty integrating some of its acquisitions into the general flow of the company, but on the whole they all appear to be accretive to earnings. In addition, FTU has announced three separate increases in its dividend, the most recent just this week (from $0.37 to $0.42). Its capital management group is growing in leaps and bounds and comprising an increasingly large percentage of the contribution to the bottom line. In short, it appears that the areas where FTU has been doing well will continue to do well and grow earnings and dividends long-term. This has nothing to do with why Jenna put it on her list since she is more concerned with the stock's behavior in terms of volume and movement, but it may provide some explanation of why she is seeing what she sees. Walter High