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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 (11404)	7/14/1998 3:10:00 PM
From: Dave Shares	Read Replies (2) \| Respond to of 120523

GCN, SFNB What I find interesting about GCN, is that back on 5/26, they advised that they would meet or exceed earnings estimates. There were two opportunities to pick this up in the $23 range, the second being a double bottom of sorts, and a 2-3 week hold would pay off handsomely. I guess my point is, and I've been meaning to state this because I did trade GCN in this time frame (but held it short term) and have been following it, is that it is important to follow the companies that are pre-announcing a good report, and the risk of holding through earnings is lessened because of the pre-announcement.. Anyhow, my two cents, and if I'm being naive, I'm sure you'll let me know. SFNB volume has picked up, and my buy stop filled at 17 1/2. Maybe ready for another run ??? David