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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: Bucky Katt who wrote (12512)8/4/1998 5:55:00 PM
From: Michael Berkel  Read Replies (2) | Respond to of 120523
 
Check out Innotrac (INOC). A few weeks ago it gapped from 9 up to 12-5/16 on triple normal volume after reporting better than expected earnings, much higher revenues and margins. Although INOC was undervalued at 12-5/16 it was beaten down lately. It is currently trading under 10 and a real Market Gem, at a price earnings ratio appreciation of 10 which is a steal for such a fast growing company.
Happy trading!
Michael B.
P.S.: I just received an email from the Financial Director stating
that INOC will speak with analysts and fundmanagers in the nearby
future to emphasize the real value of its business. Stock might
be in for a rebound, sooner rather than later