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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: TradeOfTheDay who wrote (56513)10/27/1998 4:17:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
glad to see you kept your discipline on your stops...

man do I have trouble with that

America Online Inc. (AOL) 120 7/8 -1/8: online services provider posts a fiscal Q1 net of $0.26 a share, three cents
better than the First Call estimate, vs year-ago profit of $0.08 a share; revenues rise 65% to $858.1 mln; company also
declares a 2-for-1 stock split..

Amgen Inc. (AMGN) 77 5/8 -5/16: biotechnology company posts a Q3 net of $0.83 a share, four cents above the First
Call mean estimate, vs year-ago profit of $0.31 a share; revenues rose 17% to $700.9 mln as Epogen sales rose 23% to
$350 mln, while Neupogen sales increased 7% to $287 mln.....



To: TradeOfTheDay who wrote (56513)10/27/1998 7:16:00 PM
From: Stephen  Respond to of 58727
 
bev, I sold my long on Dell this pm but got back in before the close. Its relative strength still seems high (I compare price recovery against other stocks). Without the Brazil rumour I guess the market may still have found some reason to profit take. But tomorrow is another day and assuming negative news but positive earnings (mostly), I would still expect a positive run-up prior to earnings. S&P down - but I expect that to change.

If some of this selling is tax related, we should obviously be looking for weakness in stocks like Cpq rather than Dell.

Don's last index update is negatively biased so maybe I'm wrong. Still, I am not sure why the Dow can't pull the Nasdaq up .... for a change.

Just to reassure you .... I am not a Dellhead - I just like my stocks to be underpinned by forthcoming news, and Dell currently fits this description.

Good luck

Stephen