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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 (19792)	12/11/1998 9:16:00 AM
From: Swami	Read Replies (1) \| Respond to of 120523

Paul, you might try again. I pulled up the 11th fine.

To: Paul A who wrote (19792)	12/11/1998 9:21:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

I fixed it and there are many charts there since about 7:30 a.m.

To: Paul A who wrote (19792)	12/11/1998 9:27:00 AM
From: Jenna	Respond to of 120523

BBY.. RFMD just upgraded (after 15 points gain!), HLYW why do overbought stocks get upgrades? BBY: Still didn't find any changes in earnings expectations but read on.. The third quarter earnings projection from Wall Street analysts for Best Buy indicates the financial markets are expecting the company to report profits of $0.46 per share. This represents a rise of 4.55% from last month's estimate for the third of $0.44 per share and indicates earnings will rise over the prior year quarter of $0.30 by 53.33%. RESEARCH ALERT-Best Buy off on investor psychology CHICAGO, Dec 10 (Reuters) - George K. Baum & Co. analyst Dean Ramos said Thursday recent weakness in shares of home electronics retailer Best Buy Co. (NYSE:BBY - news) reflected a change in investor psychology rather than fundamentals. Ramos said in a report that the company's recent string of reporting ''major'' upside quarterly earnings surprises conditioned investors to expect them and drew short-term investors to the stock. Best Buy's announcement last week that it expected slightly better-than-forecast third quarter earnings per share put pressure on the stock from shareholders who had been expecting bigger earnings surprises, he said. He added that some investors were most likely selling the stock to lock in gains before the end of the year. Ramos said he maintained his buy rating on the stock because Best Buy continues to operate with lower investment levels and improved margins, which should keep its return on investment climbing but at a slower rate than over the past year. Shares of the Minneapolis retailer were down 9/16 at 48-1/16 in morning trade on the New York Stock Exchange. Just last Wednesday, the stock reached an all-time high of 59-15/16. HLYW..MACD is great and the chart is super but it overbought.. now it gets an upgrade?