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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: Dave Shares who wrote (14917)	9/16/1998 9:39:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

The thing that is powering housing starts are low interest rates and the growth in individual wealth. I don't see any significant decrease in these robust levels as a threat to continued good earnings in that sector. Our domestic economy is still very strong.....We just have to nurture growth in foreign economies. Europe is strong . Jeff

To: Dave Shares who wrote (14917)	9/16/1998 9:47:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Jeff and Rookie.. I am not thinking of investing in the sector, I am just looking for another possible point and a half on anticipation. I think that KBH's earnings will be very good, but I'm not confident enough for 1,000 shares unless it closed on the 21nd at the high of the day. I think rallies are not totally across the board and some sector is usually left out. Today the building sector was left out. I remember SLR losing a little ground the day before earnings came out, but I was more confident with SLR and PRGS. Just check out the broker's concensus estimate for KBH in the last 4 months. The estimate is from 2.56, 3 months ago to 2.06, 2 months ago to 1.94 1 month ago to 1.79 this month. The closer the number is to 1 the more of a 'strong buy' it is. So analysts are more bullish on this stock.. Notwithstanding the huge 'estimated' increase in eps from $0.42 last quarter to $0.61 this quarter to $0.84 next quarter. Now these are all estimates and of course they are fallible, and I'm not hyping this stock. I even sold it myself today, but I think it's got better than an equal chance to beat estimates and climb higher. But as always, the trend will tell on Thursday/Friday/Monday. I've also noticed in the past few weeks posters on certain threads actually saying certain stocks WILL trade higher in the next day/days only to see these prognostications fail miserably. It's not an ego thing with me. I would rather traders would not make a trading error than tout any one stock. I can readily say, I'm not sure and I wouldn't recommend anyone buying it blindly because it was in the newsletter... There are many stocks out there with earnings coming whose trends are more clearly established like CCL and CC were for me today. And there also might be a better 'internet' play or 'tech' play that might supercede any earnings play... We try to narrow down possibilites as best we can.. that's all.