Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (19922)	12/15/1998 1:11:00 AM
From: Jenna	Read Replies (3) \| Respond to of 120523

ACTN, RACN Barbi is out! Toy replicas of Nascar Driver stocks cars now in vogue.. 2 companies both doing very well.. RACN has one good sales season after another. RACN sells affordable Nascar and other racing replicas to mass merchants like Wal-Mart, Kmart Target and Toys "R" US.. Its die cast cars zoom off store shelves each racing season, from February through November. In the third quarter alone, sales jumped 108% to 50.6 million...Although Racing Champions sales peak during the racing season, fourth quarter holiday sales are still strong. Last yar 70% of the company's revenue came from retailers.. .. ... My personal favorite of these two companies is ACTION PERFORMANCE (ACTN) they have the edge of the best Nascar driver... Gordon, Dale Earnhardt, Rusty Wallace and Dale Jarrett. Racing champions earnings climbed 75% to 35 cents share in the third quarter Analysts expect earnings to rise 53% to 92 cents a share in '98 and 18% to $1.09 in 1999 ____________________ ACTN earnings historical 5 year earnings were up 89% and next quarter expects a 27% growth. ACTN chart is very good.. and although all the indicators are bullish the price is still below support of 34 1/2. RACN's chart is excellent. What I especially like is that although the stock is in a strong upward trend with momentum indicators, trend setting indicators all bullish.. and under accumulations the stochastics are oversold.