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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: Barbara B who wrote (18838)	11/19/1998 4:30:00 PM
From: Jenna	Respond to of 120523

BILL is a potential candidate for rebound. It was good for a play in early november and had climbed from 10 to about 17 1/2 from October. Seems that somewhere someone was feeling bearish about this stock or else the trend would have continued. It had no anticipatory upswing before the report and now it's almost at the low of the day after the decline. I'd say yes, but wait for some signs of an upswing.. WSM which also declined on earnings report from 29 to 26 actually rebounded to over 29 again on the same day providing a buying opportunity. Until BILL shows a similar pattern it won't be a buy.. It should be watched for the next few trading session and could reverse as quickly as tomorrow.