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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 (15513)9/24/1998 2:34:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
QMDC.. Good timing to ask about this one.. just last week consensus analyst estimate ugraded from 1.3 to 1.1 (7 strong buys) which is excellent. just a penny shy of last quarters earnings predicted. Stock was still a short candidate so be cautious.

Trading above 22 3/8 resistance which is good. 40% growth prediction going forward, 7 strong buys.. looks like this quarter supposed to be down from last quarter about 4%, but QMDC should recover by next quarter. Guess people still don't trust some of these stocks. Upgraded to a strong buy end of August. This used to be a nice trading stock especially when it beat estimates by 33% last quarter. I remember QMDC very well..

UPGRADED on August 27.
SAN FRANCISCO--(BUSINESS WIRE)--Aug. 27, 1998--Preferred Capital Markets, Inc., a brokerage firm servicing both institutional and individual investors with a focus in technology, telecommunications and medical technology today upgraded coverage of QuadraMed Corporation (Nasdaq:QMDC - news) from a BUY to a STRONG BUY rating and a six-month price target of $36.