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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: Paul A who wrote (18741)	11/18/1998 3:48:00 PM
From: Jenna	Respond to of 120523

EX..20 5/16 +3 .. I don't even know if I would sell if I had it..but according to e-mail some of you did get in. I probably would sell after 3 points but I have a feeling it will gap up in the morning so you really should use your own risk tolerance level for determination. I followed it well in the last 7 days or eight days ago after finding it in from a scan 2 weeks ago but wanted to watch its price action before putting it in the watch list. It has had an absolutely phenomonal run up in 30 days. and I was hesitant because obviously the chart looked overbought. then I began noticing it was getting the attention of lots of institutions with up to 50 blocks in some instances. It's only a battery company but the price has gone from about 6 in October to 20 3/16 today. DETROIT, Nov 13 (Reuters) - Exide Corp.'s <EX.N> stock jumped more than 40 percent in late Friday afternoon trading, but officials for the Bloomfield, Mich.-based battery maker could not account for the increase. The stock was up $4-5/16 to $14-7/16 a share on unusually heavy trading volume of more than 790,000 shares. There were market rumors, according to analysts who did not want to be named, that Exide was planning to hire former Chrysler Corp. <C.N> Vice Chairman Robert Lutz as its next >whether Lutz will be offered the job. She said an announcement will be made in the next 10-14 days naming the company's new leader. chairman.Exide spokeswoman MaryBeth Alvin declined to comment on "I can't comment on that," Lutz told Reuters Friday. "Don't take that as a confirmation. It's strictly really no comment."