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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: tom pope who wrote (14371)	9/10/1998 12:56:00 PM
From: Jenna	Respond to of 120523

NN.. up 9.1% for the month of August. Ericsson Buying Advanced Computer Communication From Newbridge Network Newbridge Gets Korea Telecom Pact For Wireless Solution NN is one of my favorite 'rebound' stocks.. Ever since I put it on the newsletter for special 'low earnings' estimates, it's been on an uptrend, and this was a number of weeks ago. It's been turning around and it's actually up for the Month of August. Even the chart is improved nicely. Just last night MACD was bullish and volume indicators were bullish. Last quarter EPS was $0.14. This quarters EPS estimated to be $0.19 and next quarter's $0.23. It's year high was 69 and its low was 18. It's PEG is .95 which is not the best valuation but it's still okay. There seems to be more upside reward than downside risk.