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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 (11766)	7/20/1998 6:37:00 PM
From: Judy	Read Replies (1) \| Respond to of 120523

What happened to BRCM today?

To: Jeff Jordan who wrote (11766)	7/20/1998 7:17:00 PM
From: Jenna	Respond to of 120523

AVEI, XYLN, NETA, CNF, WLA, RHI.. "Market Gems" that were earnings plays, were good for a pre-reporting swing trade and finally beat estimates and could be good for even more. Shares of Arterial Vascular (AVEI) could move higher on news the company posted a second-quarter profit of 90 cents a share vs. the consensus estimate of 72 cents a share. Shares closed down 1 3/8 to 45 3/4. ******************************************************************** Network Associates (NETA) shares could get a lift after the software company posted second-quarter pro forma diluted earnings of 41 cents a share. Wall Street expected a profit of 39 cents a share. Shares closed up 5/8 to 54 1/4 ****************************************************** CNF Transportation Inc. (CNF) posted a second-quarter profit of 73 cents a share, 12 cent better than analysts' forecasts. In the year-ago 55 cents a share. Shares inched up 3 to close at48. **************************************************************** Shares of Robert Half International Inc. (RHI) closed 6.3 percent higher after the company reported a second-quarter profit of 34 cents a share. The number beat the 31-cents-a-share consensus estimate of analysts surveyed by Zack's Investment Research. The employment agency saw shares rise 3 1/4 to 55 1/4. See press release. ****************************************************************** Shares of Warner-Lambert (WLA) jumped 4.4 percent after the pharmaceuticals giant reported better-than-expected second-quarter earnings of 40 cents a share. That beat Wall Street's consensus estimate of 37 cents a share. The company reported earnings Shares gained 3 1/2 to close at 83 1/8. See related story. I feel the next weeks will separate the genuinely attractive earnings plays stocks from the euphoria of the NASDAQ this last week. If you notice that on a percentage basis, the stocks that are very close to reporting or have reported, are gaining much more than the average NASDAQ or NYSE stocks. Remember, when things slow down it's the 'earnings plays' that will continue to ascend even if the NASDAQ and DOW are negative. So keep an open eye always to the earnings plays first and foremost.