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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 (11556)7/16/1998 5:11:00 PM
From: Shane Venem  Read Replies (2) | Respond to of 120523
 
LGTO and QLGC. The Legato juggernaut continues. Beats estimates by a penny and finishes the day up 5. QLGC blow-torched the estimates by .09. Reported after the close today; .52 actual vs. .43 estimated.
QLGC actually backed off its high of about 45 all the way down to 28 in the last few weeks before making a surge going into earnings. Looks like it may take out its old high in short order.



To: Jenna who wrote (11556)7/16/1998 8:33:00 PM
From: tom pope  Respond to of 120523
 
>>It's a little like the Oil service sector 1 1/2 years ago. <<

A chilling analogy. My oil service stocks look like Nagasaki after the bomb.

Hope history doesn't repeat.

But the whole sector was strong. Even OZEMY ended strong after a dull opening. My buy stop lowered to 24 7/8.


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