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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: Jenna who wrote (11164)7/9/1998 10:52:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
BBOX.. up nicely after "okay" report. second quarter in a row I underestimated BBOX. I was going to put it on the watch list but the chart was so dismal I opted to leave it off. Once again fundamentals winning over technicals in an earnings play.



To: Jenna who wrote (11164)7/9/1998 11:10:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
WATCH LIST UPDATE: watch lists stocks are up and doing well. (FMY,ORCL,EMPI,ASI,CMGI)... On second watch list VRTY, PCCC, ISLI (small caps as per request) all up nicely. Others CMGI, MSPG, SUNW, T all positive.. weakness in GM.

TJX and SKS reported excellent same store sales but SKS a bit weak today although TJX still one of the few retailers positive today. I expect these two to rebound. Perhaps the disappointment for JCP carried over to the sector temporarily.

Saks Holdings Announces June SalesResults<SKS.N>
****************************************
Saks Holdings Announces June Sales
Results
NEW YORK--(BUSINESS WIRE)--July 9, 1998--Saks Holdings, Inc.
(NYSE: SKS), the holding company for Saks Fifth Avenue, today
announced that total sales for the five weeks ended July 4, 1998,
increased 14.4% to $192.3 million. Comparable sales increased 8.0%
over the five weeks ended July 5, 1997.
For the twenty-two weeks ended July 4, 1998, total sales were
$960.5 million, an increase of 12.1% over the same period last year.
Comparable sales increased 6.9%.

************************************ The TJX Companies, Inc. Reports Strong June 1998 Sales<TJX.N>

The TJX Companies, Inc. Reports Strong June 1998 Sales
FRAMINGHAM, Mass.--(BUSINESS WIRE)--July 9, 1998--The TJX
Companies, Inc. (NYSE:TJX), today reported June 1998 sales results.
Sales for the five week period ended July 4, 1998 were $720 million,
up 8% over $664 million achieved during the same five week period
ended July 5, 1997. For the twenty-two weeks ended July 4, 1998, sales
reached $3,106 million, an increase of 10% over last year's $2,819
million. Consolidated comparable store sales for the five week period
ended July 4, 1998 increased 5% over the comparable period last year.
For the twenty-two week year-to-date period, consolidated comparable
store sales increased 7% over the comparable period last year.