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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 (14358)9/10/1998 10:59:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 120523
 
Jenna

AOL is the "New" DELL... a powerhouse...:>}



To: Jenna who wrote (14358)9/10/1998 11:27:00 AM
From: Jenna  Respond to of 120523
 
CDG +12.24%, RON + 13%, EVI +11.56% PSSI +10.47% another one that got away.

PSSI chart was positive and bullish when i looked at it last night. Relative Strength was BULLISH and the 50 day moving average was trending upward. My error was in thinking this stock was OVERBOUGHT because of the Stochastic..but lately I'm noticing it isn't such an important factor in a market looking for the a few' favored stocks'... PSSI has actually been up this month. According to earnings that came out in July, they were good. It's still trading lots below the 52 week high of 26.50.

FUNDAMENTALS for PSSI

PSS World Medical, Inc. (Nasdaq/NM:PSSI) today announced results for the first quarter ended June 30, 1998.

For the three months ended June 30, 1998, net sales increased 19% to $342.5 million compared with $288.2 million for the same period last year. Pro forma net income, excluding merger and other
nonrecurring costs and expenses, for the quarter increased 33% to $11.7 million, or $0.17 per diluted share, on 70.7 million weighted average shares outstanding versus $8.8 million, or $0.13 per
diluted share, on 68.1 million weighted average shares outstanding for the prior year period. Net income for the three months ended June 30, 1998, was $11.3 million, or $0.16 per diluted share.