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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 (12394)	7/31/1998 1:05:00 PM
From: Jeff Sutton	Read Replies (2) \| Respond to of 120523

I'd be careful with SBUX, which just suffered a real technical blow (dropping way below its 30-day moving average, for example, on heavy volume). With thousands of stocks out there, why chase this one? Also, very negative Herb Greenberg piece on SBUX ("Why Starbucks is losing its steam") THESTREET.COM today (proprietary content, but free 30-day trial available). thestreet.com Just my opinion.

To: Jenna who wrote (12394)	7/31/1998 1:23:00 PM
From: Jenna	Respond to of 120523

e-mail AOL....AAPL..WMI AOL..On July 6, 1998 CIBC Oppenheimer Corp.'s Research Department issued a 3 page Company Report on Ambi. Report highlights: 'A STRONG BUY rating was extended to the company with EPS estimates for 1998 and 1999 of $0.50 and $0.87, respectively. The company reported third quarter EPS of $0.16 versus $0.01 in the same period last year. The company recently announced a multi-year $20 million advertising contract with a major consumer products companies.' AAPL.. I was asked about this a few days ago or rather 4 points ago. MACD looked a little overbought today, although the relative strength was still bullish. Support is around 33 1/2, AAPL's relative Strength is in the 95th percentile. It's fast stochastics are overbought, but I think after a small retreat this stock will be poised to break its 52 week high. WMI.. not a glamourous stock but a good one nonetheless.Moving MACD and relative strength are both bullish and volume indicators were bullish from yesterday. Support is at 51 1/8. Institutions and mutual funds seem to like this stock as it usually has at least 35 big blocks going through. It's fundamentals are fine with fiscal year estimate is for $2.17 and next year estimate is for $2.93. With analysts giving it 9 strong buys and 3 buys.. It's currently trading at the high of the day

To: Jenna who wrote (12394)	7/31/1998 3:27:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

e-mail..SFNB... APCC....MU...ASND...ACTM...BEAS SFNB. out at 23 13/16.. Still holding AOL.. good thing about stock is that it can always bounce back unlike the option. APCC doing very well despite the market climate.. Earnings Plays that beat the street will always outperform the market MU on the watch list for the past 4 days.. is still doing fine. ASND..Street Sours On Ascend As Acquisition Rumors Continue To Swirl No, I think there are better plays out there. ASND was up pretty much on a variety of rumours. NEW YORK -(Dow Jones)- Investors soured Friday on networker Ascend Communications Inc. following an article in this week's SmartMoney magazine that suggested the oft-mentioned takeover target's stock is overvalued, perhaps deterring a suitor from considering an acquisition. Interestingly, a report in Time Inc.'s Money Magazine this week suggests that Ascend is ripe for a takeover. In active midafternoon trading, Ascend (ASND) shares were down $7, or 14%, at $44.50. Volume of 19.5 million shares made it the most-active issue on the Nasdaq Stock Market ACTM..I mentioned yesterday that I was very bullish on that company, I still am. BEAS.. A good prospect. BEAS although previously downgraded has had 2 consecutive days of gains. Stochastics were still oversold going into today but stock really showed improvement today. With the market now down 173 points, I'd file this one away as having withstood the downward pressures of the market.