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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 (17651)	10/27/1998 6:34:00 PM
From: Jenna	Respond to of 120523

Market Gems beat: PSQL,TKLC (by 3 cents)PZZA beats 1 and also GIC. If you watch all four of these into the close there is an upward volume/trend pattern emerging in the first three. It is that pattern that brought me into both PSQL, TKLC and SYNT. I don't buy an earnings play unless a pattern like this emerges.. Sometimes it emerges 1 week before earnings like it did with both BEST and CEFT.. Sometimes a day or two before.. and sometimes like SAVLY over and over again, and rarely it emerges AFTER the report like the case of RYL today. GIC although I'm bullish on that one as well did not have any perceptible pattern change today.. PSQL Reports 66% Increase in Revenue, 260% Increase in Profits Over First Quarter Fiscal Year 1998 CALABASAS, Calif.--(BUSINESS WIRE)--Oct. 27, 1998--Tekelec (Nasdaq/NM: TKLC - news) today reported financial results for the third quarter and nine months ended September 30, 1998. _____________________________________________________ Revenues for the third quarter of 1998 increased 38% to $49,658,000 from $36,112,000 in the third quarter of 1997 and consisted of $34,969,000 of switching products and $14,689,000 of diagnostic products. Net income for the quarter amounted to $10,372,000, or $0.18 per share, and represented a 70% increase over income of $6,101,000, or $0.11 per share