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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: majormember who wrote (13353)	8/24/1998 5:15:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

REXI.. I watched it all day.. This one looks like it MUST fly after being down this much in 2 consecutive days. If you check the REXI chart it was doing fine until earnings came out and earnings were good. Resource America knows of no reason for decline PHILADELPHIA, Aug 24 (Reuters) - Resource America Inc. (REXI - news) said Monday it knew of no reason for the steep decline in its stock, which was off 6-5/8 at 22-1/2 and was among Nasdaq's worst performers. Resource America said it made the statement in response to ''various negative rumors that have been circulating'' about the company, a specialty-finance business principally engaged in real estate finance and equipment leasing. The company said it ''continues to perform in line with analysts' prior expectations and with prior trends'' in its business.