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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?

To: Rashid Garuba who wrote (319)	8/18/1998 2:31:00 PM
From: STEAMROLLER	Respond to of 1561

The Motley Fool's Market Movers (Ups) The Motley Fool - August 18, 1998 12:26 August 18, 1998/FOOLWIRE/ -- PC maker and direct seller Dell Computer (Nasdaq: DELL) added another $2 7/8 to $113 7/16 in advance of reporting second quarter earnings after the close of trading. Analysts are predicting a mean estimate of $0.46 per share, compared with $0.30 a year ago. Hewlett-Packard (NYSE: HWP), maker of computing, Internet and intranet, communications, and measurement products, gained $1 3/4 to $57 after reporting Q3 EPS of $0.58, same as last year and $0.04 ahead of already lowered analysts' estimates. ABN AMRO raised its rating on the company to "buy" from "hold" with a price target of $70. Compaq Computer (NYSE: CPQ) picked up $1 3/4 to $36 3/4 after BT Alex. Brown upgraded its rating on the computer maker to "buy" from "market perform." Software giant Microsoft (Nasdaq: MSFT) was up $2 15/16 to $110 1/4 this morning as the company is expected to unveil a second test version of its Windows NT operating system, keeping it on schedule to release a final version as early as the second quarter of next year. Home-improvement retailer Home Depot (NYSE: HD) built up $1 13/16 to $44 5/8 after reporting Q2 EPS of $0.31 versus $0.24 in the year-earlier period. Comparable store sales gained 7% year-on-year. Sears, Roebuck & Co. (NYSE: S) rang up $2 7/16 to $51 1/2 after announcing it will sell its Western Auto unit to auto parts retailer and distributor Advance Auto Parts in exchange for $175 million in cash plus a 40% stake in Advance. In addition, current investors in Advance will invest an additional $70 million in the company. Interactive entertainment software company Electronic Arts (Nasdaq: ERTS) advanced $1 3/4 to $53 1/2 after announcing it will acquire Westwood Studios Inc. and certain other studio assets of Virgin Interactive Entertainment, a division of Spelling Entertainment Group (NYSE: SP), for $122.5 million in cash. Spelling gained $1/2 to $7 1/2. Electrical products and tools and hardware manufacturer Cooper Industries (NYSE: CBE) rose $1 5/8 to $48 3/16 after announcing it will sell its automotive business to Federal-Mogul Corp. (NYSE: FMO) for about $1.9 billion in cash. Spyglass (Nasdaq: SPYG), a developer of Internet software and technologies for TV set-top boxes, network computers, and cellular phones, gained another $1 3/4 to $12 on news of a licensing agreement with Motorola (NYSE: MOT) worth "multiple millions" of dollars. Diversified electronics manufacturer SCI Systems (NYSE: SCI) picked up $1 7/8 to $30 3/8 after CS First Boston named the company as one of the best stocks to buy in what it views as a solid technology sector. Yesterday, BA Robertson Stephens reiterated its "buy" rating on the company, saying it's trading at a "historic discount to comparables." Other electronics manufacturing services companies moved up today as well. Solectron (NYSE: SLR) gained $1 3/4 to $51 13/16, Flextronics (Nasdaq: FLEXF) climbed $3 1/4 to $38 3/4, and Jabil Circuit (Nasdaq: JBL) added $1 13/16 to $32 15/16. Circuit board and backplane assembly company Sanmina (Nasdaq: SANM) also tacked on $2 1/8 to $45. Fruit and vegetable processing company Seneca Foods (Nasdaq: SENEA) moved up $2 to $14 1/2 after announcing it will sell its juice division to juice products maker and cranberry grower Northland Cranberries (Nasdaq: CBRYA) for $30-$35 million. Included in the deal is exclusive license of the Seneca brand for all juice products, though Seneca will retain its applesauce, apple chip, glaze, and maraschino cherry business and its production facility in Prosser, Wash. Maker of optoelectronic, magnetic and fiber optic sensor products Optek Technology (Nasdaq: OPTT) ticked up $1 11/16 to $21 9/16 after reporting Q3 EPS of $0.34, down from $0.41 the year before but beating analysts' expectations of $0.31. Auto claims software developer CCC Information Services Group (Nasdaq: CCCG) jumped $1 9/16 to $13 9/16 after announcing plans to buy back up to 2.5 million shares, or 10% of its outstanding shares. Computer software services company Analysts International Corp. (Nasdaq: ANLY) added $2 1/4 to $25 1/2 after reporting Q4 EPS of $0.29, up from $0.20 a year ago and topping analysts' mean First Call estimate of $0.26. Jones Apparel Group (NYSE: JNY) moved up $1 1/8 to $25 1/8 after Merrill Lynch raised its near-term rating on the company to "buy" from "accumulate" while keeping a long-term "buy" rating. Recruitment advertising agency TMP Worldwide (Nasdaq: TMPW) tacked on $2 1/16 to $35 7/8 after announcing it will acquire executive selection and search firm Morgan & Banks Ltd. of Sydney, Australia.