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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: Peter O. who wrote (10829)6/30/1998 7:17:00 PM
From: LastShadow  Read Replies (1) | Respond to of 120523
 
RCL

Wow, that one has a beautiful chart, and given that earnings for the spring with the mild winter cruises should be a good number, I would say that buying now might be reasonable - At least before the 10th. The chart says you might be able to get it somewhere between 78 and 79 in tyhe remainder of this week - that spike today was overdone for the news. Appreciate that I don't follow this one, but given the timing of the split, the nature of the business, and the probability that it is doing well in bookins, etc. It looks like buying now and selling after the split could be quite profitable. Check the fundamentals and watch the tick and buy on Thursday. I can't imagine anyone shorting it given the conditions I stated above, so it shouldhn't really see a rise on the preHoliday. BTW, I also don't follow CCL, so I can't speak to that similarity, but i believe Jenna does.

ls