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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (7333)	7/30/1998 10:34:00 AM
From: JoeinIowa	Respond to of 29382

David, Thanks for the read. Looks like it needs to break the 50 day MA to really move. This is the most action it has seen a a while. Earnings due in a week. The way the Health Care industry has been beaten down lately I do not think people are just speculating that they are good. Joe

To: Magnatizer who wrote (7333)	7/30/1998 6:19:00 PM
From: JoeinIowa	Read Replies (1) \| Respond to of 29382

Amigos y Amigas CMP Update Last night I mentioned CMP as a possibility. It had a good day on 3 times normal volume. This has been the typical action prior to an earnings release. After the release it has turned back down. There are several reasons why this time might be different: 3rd positive earnings quarter in a row. 2 could be a fluke. This shows the direction of earnings and sales. Unqualified auditors opinion. Allows new investment people to buy in. Will probably bring some new analyst recommendations. Current CEO is a former Wall Street guy and has many friends. The above two assume next Thursday earnings are good. The volume and direction of the stock price is indication that something is up. Good investing. Joeiniowa