SI
SI
discoversearch

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: Jenna who wrote (11111)7/8/1998 11:00:00 AM
From: Mark L  Read Replies (2) | Respond to of 120523
 
NWCM Reported today... Seems to be really cheap here
and ready to pop. I bought some on the open.



To: Jenna who wrote (11111)7/9/1998 11:34:00 AM
From: Jenna  Respond to of 120523
 
From watch list July 8: FDX up 2.. thanks DougR. for pointing it out. Important to watch yesterday's watch lists..

3> FDX - F D X CORP HOLDING CO COM .TFF
1-Dy = 101.4 ( 79) VL/30= 94.6 ( 79) 10MA = 99.4 ( 67)
Price= 62.0 ( 95)
Looks like a trend reversal here. FDX is trading above resistance of 59 1/4. This Quarter's Growth Rate: 75.38%

*******************************************************************
FDX reports earnings rise in line with expectations

MEMPHIS, Tenn., July 8 (Reuters) - FDX Corp.<FDX.N> said on
Wednesday net income rose as expected in the fourth quarter,
boosted by Federal Express Corp.'s acquisition of Caliber
System Inc. in January and strong volume growth.
The January merger between the express transportation
company and the trucking company Caliber Systems Inc. created
FDX Corp., a powerhouse in global transportation and logistics.
The company's net income for the quarter ending May 31,
excluding non-recurring items, rose to $170.7 million versus
$88.5 million in the year-ago period on a like-calendar basis,
reflecting FedEx's acquisition of Caliber System.
On a diluted per share basis, earnings rose to $1.14 per
share versus $0.60 per share excluding non-recurring items.
Total revenue rose to $4.08 million, up 11 percent from the
prior calendar period's $3.67 million, it said in a statement.