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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 (15264)9/21/1998 4:43:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
CS beat estimates by 2 cents! This makes the outlook of our earning plays for the next 6-8 weeks more multi-faceted. MU surged as well today... and NKE on Friday.

Seems that because the earnings shortfall was ALREADY discounted in the stock, it actually reversed the downward trend both in earnings anticipation BEFORE the report came out and will probably continue tomorrow AFTER the report. So look at the newsletter for September and October plays, note those that have shortfalls (indicated in red) and watch them as well.

Let's keep on top of pre-announcements of shortfalls as well. Some of them could pop back 10% or more after the initial retreat.