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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: TWICK who wrote (14695)	9/14/1998 3:33:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

ELT.. Elcint an Israeli Market Gem...+34% very high tech company makes those tomograph machines. It gapped up from 9 to 12 and was as high as 12 15/16 today. MACD is bullish. and the trend was very strong on Friday. I'm hitting myself over the head for deleting it from my watch list because it looked overbought. The volume indicators were bullish on Friday and all moving averages are excellent. It might really be overextended now but watch this market gem.. Another lesson for me that you can perhaps learn as well. Something can look overbought but when the market is fine and rallying it will go own to make new highs. Israeli Medical Firm Elscint Sells 3 Units To GE For $375 Million NEW YORK -(Dow Jones)- Israeli medical-imaging firm Elscint Ltd. said Friday that ithas agreed in principle to sell three of its units to two different divisions of General Electric Co. for a combined total of $375 million. The unit of Elbit Medical Imaging Ltd. (EMITF) agreed to sell its Computated Tomography Division to GE's (GE) Picker International Inc. for $275 million and its nuclear medicine and magnetic resonance units to GE Medical Systems for $100 million. Israeli newspaper reports said the parent company plans to sell off Elscint's operations in parcels. Elscint (ELT) said Picker plans to maintain Elscint's research and development division and manufacturing operations in Israel after the proposed sale.

To: TWICK who wrote (14695)	9/14/1998 3:47:00 PM
From: Jenna	Respond to of 120523

Oil service sector. I'm not sure there is any strength left in the Oil Service sector rally. I just mentioned on the weekend that these rallies are very short and intense.. I would not hold any oil service stocks over tomorrow, not even the better ones.