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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: tom pope who wrote (16213)10/5/1998 8:52:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
DRTE..I saw it today as well. As far as I know fundamentals havent changed.. Relative Strength was 99 and had a 29% earnings surprise last quarter plus AA+ (immediate buy, well MPT review called it that last week!)and AA from OTC Insight. It had a PEG of 1.69 with a growth rate of 30% going forward, so it could have been 'hit' on valuation. If this is just a 'correction' then it should be 'ripe' as an earnings plays. It reports on 10/14, but I might have to call to confirm. This is not really a daytrade, but if it gains as much as it lost today, it could suffice as a daytrade.