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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: Jeff Jordan who wrote (11696)	7/19/1998 10:59:00 AM
From: Jenna	Respond to of 120523

QLGC was on my watch list for July 10 as I saw a turnaround situation and chart reversal there. I had it for a 4 point run and sold before earnings. marketgems.com that was a good day I had picked up both QLGC and WAVO

To: Jeff Jordan who wrote (11696)	7/19/1998 1:06:00 PM
From: Shane Venem	Read Replies (1) \| Respond to of 120523

Posted a note on QLGC thursday, # 11560. I figured it would take out its old high, but can't say I expected the kind of frenzy I saw Friday. After re-reading the earnings report, one thing kind of bugged me. The margin of difference between the estimated earnings and actual earnings came from investment interest. They're sitting on a lot of cash, I believe from a secondary. Not that that's necessarily bad, but it would have been better if product sales had generated the difference.