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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: Jenna who wrote (20281)	12/22/1998 3:53:00 PM
From: HandsOn	Read Replies (2) \| Respond to of 120523

CTII finishing strong Today.

To: Jenna who wrote (20281)	12/22/1998 3:57:00 PM
From: Jenna	Respond to of 120523

COGNF..http://www.marketgems.com/cognf.htm.. the previous chart was put into password protected area.. here it is again. Note that both the MACD histogram and stochastic broke out. There was also an upturn in wilder RSI.. All this on increased volume.. making COGNF a really nice play.

To: Jenna who wrote (20281)	12/22/1998 4:01:00 PM
From: Gary E	Read Replies (1) \| Respond to of 120523

Jenna ALL, Cognos spikes on earnings, upgrades Reuters Story - December 22, 1998 14:36 TORONTO, Dec 22 (Reuters) - Business intelligence software maker Cognos Inc. shot up more than 21 percent on Tuesday after releasing unexpectedly strong results that prompted some analysts to adjust its ratings. On Toronto's stock market Cognos shares jumped C$5.90 or 21.9 percent to C$32.90 in busy trading at midday. Earlier in the session the stock had soared as high as C$34.20. On Nasdaq, Cognos rose $3.56 to $21.19. Analyst James Moore at brokerage BT Alex. Brown upgraded Cognos to a buy from a market perform on Tuesday, following the Ottawa-based company's latest numbers, which were unveiled on Monday after the market closed. For the third quarter ended November 30, net income rose to $15.9 million or $0.36 a share. A year earlier the company made $13.8 million or $0.30 a share, excluding a writedown of some acquired technology. Moore said that the company's latest per share results were one cent better than he, and the rest of the street, had estimated. Third-quarter revenue was a record $76.3 million, Cognos said. Growth in the company's key product, business intelligence software, accelerated from the slower second quarter, Moore said. Business intelligence software helps companies mine data in various ways to compare information. Cognos also added that it has seen dramatic growth in its Internet-based products, which utilize the world-wide link-up of computers called the Web. Moore said in the report that: "The organization is looking more stable after a rocky quarter in (the second quarter) and we believe the company can start to gain broader account control in its major geographies." Also, "Cognos seems to be capturing the attention of prospective customers with its newer Web-based products," he added. Howard Lis, analyst at Griffiths McBurney, upgraded Cognos to buy from accumulate after its earnings were released on Monday. In the long run, Moore warned that more risks may emerge as bigger players such as Microsoft Corp. and Oracle Corp. muscle into its markets. "There are a number of menacing competitors moving into the data warehousing/decision support software space, which may lead to heightened competition and pricing pressure." ($1 = $1.55 Canadian) ((Lydia Zajc, Reuters Toronto Bureau (416) 941-8109, or e-mail lydia.zajcreuters.com))