To: Jeff Jordan who wrote (12862 ) 8/11/1998 11:03:00 AM From: Jenna Read Replies (1) | Respond to of 120523
e-mail: KMG.. DG (bullish on that one), e-mail: TLAB, AAPL looks good not sure about this one. The chart could not be worse except that again there was a flicker of accumulation noticeable in the up/down volume slope.. Resistance is at 56 1/4.. Stochastics are very oversold. Could be just a one day thing, I'm not too positive on the sector. Dollar General 2nd-Quarter Earnings Jumped 25% On Rise In Sales NEW YORK -(Dow Jones)- Dollar General Corp. posted a 25% increase in fiscal second-quarter earnings Tuesday on a 24% rise in sales. The national operator of neighborhood stores posted net income of $33.3 million, or 19 cents a diluted share for the quarter ended July 31. That matched the mean estimate of analysts surveyed by First Call. A year ago, Dollar General's net income totaled $26.7 million, or 16 cents a diluted share. Sales rose to 741.4 million from $596.8 million. Dollar General (DG), Nashville, Tenn., said same-store sales rose 9.2% in the latest quarter. The company opened 144 new stores, relocated 65 stores and closed 3 stores during the quarter. For the quarter, interest expense rose to $2 million from $540,000 a year ago. This increase was a result of higher average borrowings during the quarter to support initial inventory in two distribution centers and a new merchandise assortment in stores. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. *********************************************************************TLAB ..looking very good here Relative strength looks good which could indicate a trend reversal. Not a great day for another reversal but it should show the real strength of the company if it breaks out in this market.