To: Joseph H. Leiti who wrote (19458 ) 12/2/1998 10:10:00 PM From: Jenna Respond to of 120523
DSTM, HMSY...+1 3/8 (+21.15%) Health Management Systems Posts 4Q EPS $0.15 vs $0.03 after the earnings report. Thanks to three subscribers who e-mailed me this evening (1 from Canada). I will repeat please USE THE WATCH LISTS only, especially if you are new to swing trading. Even if you are not familiar with the company rest assured HMSY was thoroughly researched and has been on the watch list a number of times. The earnings plays have inobstrusively gone up very nicely already... in a down market. I am mostly in cash now just looking for some good 1-3 day trades and interested in the coming earnings season. I expect the internets go give nice 'put' potential going forward.. although it could be mixed. Don't get involved with too many stocks from too many sources. These hi-flyers you see are 'found out' after the fact. You see them touted on threads only after they have gone up 25 points. Very few get in on time where it makes a difference, so don't think that 10 or 15 point gains are the norm.. It is not. Chasing them will lose you money in the long run. You can trade them, of course, but don't chase them after they have run up already. I have had long conversations with 'head' traders in two discount brokerages and they are telling me that most of the traders are losing money this week even though they profess otherwise. I have also warned about the dangers of holding certain 'volatile' companies like IDTC through earnings. Take your profits and get onto something else, there is always a proliferation of good trades out there. I often cited that I do like the companies that seem to be onto either a really intersting new technology or are close to earnings (CYCH, CKFR, VRSN,BVSN, MSPG,GNET) but some companies (BAMM) will lose you thousands if you do not trade smartly. Market Gems is now becoming as important and more than my own personal trading and I'm gladly giving up trading hours of the day to 'nurture' it. HEALTH MGMT. SYSTEMS INC. Fourth Quarter and Annual Earns.: Oct. '98--Consol. Inc. Acct.: Thou. $ December first after the market close. Technicals: Next Year's Growth Rate: 55.17% Scheduled Earnings Report: 12/1/98 This Quarter's Growth Rate: 12.50% Next Quarter's Growth Rate: 11.11% DSTM was way up on my list today and I watched it move but was basically too late..