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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 (14571)9/12/1998 7:10:00 AM
From: Maxwell Fashola  Read Replies (1) | Respond to of 120523
 
Jenna, Thanks for the info on brokerages. I have to decide between ABwatley and webstreet. webstreet seems attractive on option trading due to a charge of 14.95, whereas abwatley charges $30.00. ABwatley's charge of 9.95 for trading stock is also attractive compare to 14.95 for webstreet. I know you trade with abwatley. Do you also have an account with webstreet? I would appreciate it if you can recommend one of these two. I have to make a decision this weekend. Thanks again for your help.

Maxwell



To: Jenna who wrote (14571)9/12/1998 2:19:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
e-mail on ABTE which was on the Watch List and was up nicely on Friday. They questioned if ABTE's rise on Friday had to do with earnings or was it just rising with the general market climate. It will be very interesting to see what happens to ABTE on Monday/Tuesday. I think it was related to earnings. I feel the lawsuits are par for the course in these down markets.

I was going to pick up a couple thousand on Friday but my internet connections were very unstable. I think ABTE is cheap at this price and when the hoopla of these suits die down, it will continue its ascent.


Able Telcom Reiterated Short-Term 'Buy' at Kaufman
Brothers

Princeton, New Jersey, Sept. 11 (Bloomberg Data) -- Able
Telcom Holding Corp. (ABTE US) was reiterated
short-term ''buy'' by analyst Vik Grover at Kaufman
Brothers. The 12 to 18-month target price is $ 29 per share.
The long-term rating is sti ll a ''buy



To: Jenna who wrote (14571)9/12/1998 4:36:00 PM
From: Jenna  Read Replies (4) | Respond to of 120523
 
Interesting observation on companies reporting in the next 2 weeks.

I was searching among the ruins of companies with pre-announced earnings shortfall, and companies whose earnings estimates were revised downwards. I found 12 companies that, although they are trading near the bottom of their 52 week high, they were making higher gains in the last few days, than the companies on the opposite end of the continuum (companies with higher EPS estimates).

Of course I don't deduce that they are necessarily better buys. The better earners are also trading about 30-40% off their highs. It's just like the post I made previously, exchange2000.com it's good to have them on the 'earnings plays' watch list because like GADZ, NN and others they might be poised for a bullish trend reversal.. Especially if their earnings report have any kind of good news going forward for them, or 'surprises'. What this means is that for the next 6 weeks, we have to watch both groups for signs of price/volume breakouts..