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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 (17900)11/2/1998 1:38:00 PM
From: kendall harmon  Respond to of 120523
 
Can anyone confirm QCOm reporting tomorrow and if so is it before or after the close?

NEOn looks incredibly strong to me with a chance for 60 for those with patience.



To: Jenna who wrote (17900)11/2/1998 1:48:00 PM
From: clutterer  Respond to of 120523
 
Jenna, TAVA thread says earnings 11/5 before the bell,
cc also on that day, see reply #24225



To: Jenna who wrote (17900)11/2/1998 1:50:00 PM
From: Dave Taylor  Respond to of 120523
 
Jenna, you mentioned PETM for earnings. Do you know when they report? Thanks, Dave



To: Jenna who wrote (17900)11/4/1998 1:52:00 PM
From: Jenna  Respond to of 120523
 
OZEMY ( I have lots of hopes for OZEMY, very bullish. could be the next ELNK or NSOL) those holding I'd say keep it.. tomorrow earnings.

OzEmail surges on AOL talk

By Emma Connors

Internet service provider OzEmail appears to be back in favour with investors on both sides of the Pacific with the dual-listed stock surging this week, on renewed speculation about a possible deal with America Online (AOL).

Yesterday OzEmail ordinary shares on the Australian Stock Exchange climbed 22¢ to reach $1.88. Heavy trading on NASDAQ on Monday in the US saw the company's American Depository Receipts (each representing 10 ordinary ASX shares) staged a spectacular climb to close at $US12.25 after opening at $US10.50.

OzEmail's management will not comment before Friday, when chief executive Mr Sean Howard and chief operating officer Mr David Spence are due to brief analysts on the company's third-quarter results.

Consensus estimates by US analysts predict a $US19¢ loss, compared with a second-quarter loss of $US16¢. Nevertheless, US investors and analysts are upbeat, with one investor predicting on Monday the stock would topple the $US20 mark.

Some of the optimism was due to judgements from an increasing number of analysts that have become interested in the company.

In the US, Goldman Sachs has given OzEmail an outperform rating while D&D Tolhurst in Sydney has levied a buy rating and suggested institutions are now warming to the stock.

It has been a rocky road for OzEmail stock since its ASX listing in May, when the shares came on the market at a $1.08 premium to the issue price of $2.57.

A rumoured takeover by AOL pushed the price as high as $4 in July but since then the ASX stock has followed its NASDAQ counterpart downhill.

OzEmail's NASDAQ debut was two years before the ASX. Its American depository receipts began trading at $US14 and have since swung between a high of $US28.87 and a low of $US5.75.

Article reprinted courtesy of Financial Review November 4, 1998 by Emma Conners..
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