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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 (13170)	8/19/1998 12:30:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

DAYR.. Day Runner Reports Increased Sales and Earnings for the Fourth Quarter and Fiscal Year 1998.. another earnings play beats the street and up nicely today. IRVINE, Calif., Aug. 18 /PRNewswire/ -- Day Runner(R), Inc. (Nasdaq: DAYR - news) today reported higher sales and earnings for the fourth quarter of fiscal 1998 and full year ended June 30, 1998. Sales for the quarter increased 34.8% to $50,927,000, compared with $37,793,000 for the quarter ended June 30, 1997. Net income grew 19.8% to $4,957,000, compared with $4,138,000 for the fourth quarter last year. Diluted earnings per share for the recent fourth quarter were $0.39 compared with $0.33 for the 1997 fiscal fourth quarter. Technicals: volume indicators were bullish on DAYR, although other indicators were bearish. A good report like this should change the trend around. Stock was down 15% this month. resistance 21 3/4