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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: up3up4 who wrote (21400)1/7/1999 7:26:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
VRSN and CMGI (NSOL).. I lightened up on all three yesterday altough I still have small-average positions and I don't expect to sell anything even through a correction. Most of my trading portfolio is in cash although my 'savings portfolio' is still full of stock (NSOL being a major position since I have what is for me quite a large position) I expect them to be down this morning at least but I see no problem even selling and waiting for it to bottom before getting back in. Last week I averaged down but I don't think I will do that this time..to such an extent. I averaged down because the impending 'good week' for internets caused by impending earnings reports. But I think the earnings surprise is factored into there prices now and I don't expect them to surge but rather relax, if only for a few days).

Earnings season is just a week away and I want to concentrate my cash on some of the potential winners. If VRSN and CMGI correct down I will not buy until Monday/Tuesday unless there is overwhelming cause to do otherwise.. All depends on the trend.



To: up3up4 who wrote (21400)1/7/1999 7:28:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
GTRC*,TMAN*, CYSP*, SCES*, LIN, FINL NKE (FINL, Z look for beaten down retailers to rebound) BBY..AEOS great increase in sales but might be overbought.

You may recall I had SCES in a previous watch list, I'm getting very bullish about this stock. (Successories Holiday Sales Volume From Website Rose 300%)


*preferred trades..(position to short term)

AEOS: sales grows another 20%.. a no-brainer
GTRC...Guitar Centers 4Q Total Sales Rose 30.4% To $119M (GTRC.. one of my favorite now)

Linens 'N Things Reports 23% Rise In 4th-Quarter Sales

CLIFTON, N.J. -(Dow Jones)- Linens 'n Things Inc. said Wednesday that fourth-quarter same-store sales rose 8%.
The retailer (LIN) said total sales in the quarter rose 23% to $347.4 million. The latest fourth quarter included one more selling day than the year-ago period.
Copyright (c) 1999 Dow Jones & Company, Inc.
All Rights Reserved.
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Best Buy Co. December Total Sales Rose 21% To $1.84B