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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: yagnesh pathak who wrote (22156)1/15/1999 12:54:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
VRSN..if I had a definitive answer on that it would be great.. the market is so volatile and a 5-6 point gain does look attractive by itself.. now January 22nd is pretty far off in this market.. you have all of next week and the stock can increase another 10 or 20 points or g-d forbid be down another 5.. First thing I liked about VRSN was the way it bucked the trend yesterday.. As far as the earnings plays for this month, a great deal of them bucked the trend and I thought that was indicative of things to come. From the onset of SEG through SYMC AMCC all the earnings plays were fine, MMCN, JVLN, GNSSF,GCTI (although it corrected after earnings came out)MXTR, CCRD all did well and so did the internets last week before their correction, this leads me to believe that VRSN will do very well also.. Actually its not VRSN I'm concerned about but rather where a potentially down market will drag VRSN.. supposedly the stronger the stock the more impervious it will be to outside factors influencing its price patterns... Now that sentence is the 'results' of my very unscientific research this month, but I'm not sure i'm willing to 'bank' on 72k and riding on a 5k profit, holding through 22nd on that tenet alone.