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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: Prince who wrote (14836)9/16/1998 1:43:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
e-mail YHOO, AMZN, CMGI, NKE..RXSD

RXSD.. another good one from the Market Gems Newsletter.. This one I think should rebound for many reasons. I think it was unfairly slaughtered and with all its problems with it's Southdown vitamins, its still a growth stock with strong fundamentals. Today was good for a nice gain. Holding through earnings is for the less risk adverse. I'm likely to hold some options through earnings, but I'm talking about a 1k investment and nothing more.

Shorting YHOO and AMZN is a mistake IMHO. With the issues a bit depressed I think buying sentiment is coming back.. Ultimately I think they will retreat more, but not yet..

CMGI undergoing really nice anticipation before eanrings... I got a small position of options earlier just in case.

NKE.. I would not go short NKE either. 34 7/16 was my indicated entry point into NKE this was the breakout from resistance. I had it as a Market Gems Earnings Play citing negative earnings, but to watch it just in case it pops before earnings and it did. I think although NKE has lots of bad news and problems to overcome I think the bad news is factored into the stock and if anything, I would expect a pop after earnings.. BUT as always care should be exercised. today for example NKE was very nice for a 2 point 'anticipatory upswing' and you would never even have to hold through earnings and chance a possible drop.