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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: kha vu who wrote (22391)1/19/1999 2:50:00 PM
From: Jenna  Read Replies (4) | Respond to of 120523
 
NTBK +20% and BVSN +17.69% surging faster than I can post......



To: kha vu who wrote (22391)1/19/1999 2:53:00 PM
From: John Stichnoth  Read Replies (3) | Respond to of 120523
 
Jenna--Just spent day trying to get back up to speed on this thread, which I followed a year ago but somehow lost. See you're going strong!

A contribution: DE (Deere and Co). Down 50% from 52 week highs. Bottom forming. Strong support at 30 (now in trading range from 31 to 35). Exceptional balance sheet and market position. Low PE. So, fits definition of very sound and beaten down.

Beaten down of course by worries about ag equipment purchases (Brazil, etc.). But, if a shakeout does occur, DE would be the last man standing.

Maybe time horizon on this is a little long for you, but thought I should try a contribution rather than just listening to others' thoughts.

Best Regards,
js