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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: gerry mullane who wrote (23004)	1/26/1999 1:07:00 PM
From: JeffA	Read Replies (1) \| Respond to of 120523

Gerry Mulane I'm jumping in to answer here cause I've been watching for an hour. There is 5.9 million float on ITEC. It has traded 17,000,000 shares. That is every share changing hands like 1.5 times or so. If there are any shorts today they will be killed. This thing goes up, retreats, forms a new base, goes up retreats, new base etc. I chased from 1 15/16 to 3 1/16, which is ALWAYS BAD, where I finally jumped in. Still will make money. Good Luck.

To: gerry mullane who wrote (23004)	1/26/1999 1:16:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

Wow..ITEC did anyone get in for the gap on that one.. For some of you conservation players out there consider BZH earnings about to come out definitely some anticpation there. Building companies are beating estimates hardily and should start to move. If you like upside potential and little downside risk I think some of those builders like KBH, CTX, LEN and BZH should be considered. Gang consider your longer term holdings from the results of these earnings plays like BZH and KBH. The market will have to acknowledge these earnings and they really look good. Home Builder Centex Crafted 58% Surge In 3rd-Quarter Profit Centex Corp. - Dallas 3rd Quar Dec. 31: 1998 1997 Revenue $1,256,086,000 $983,083,000 Net income 59,043,000 37,380,000 Avg shrs (basic) 59,410,876 a 59,366,822 Avg shrs (diluted) 61,661,959 a 61,759,472 Shr earns (basic) Net income .99 a .63 Shr earns (diluted) Net income .96 a .61 a. Adjusted to reflect 2-for-1 stock split in February 1998. Centex Corp. (CTX), which builds homes, originates mortgages and provides contract construction, said third-quarter revenues for its conventional homes business rose to $58.1 million from a year ago while revenues from its manufactured homes-operations rose to$39.8 million from last year. Total home-building revenues for the latest third quarter rose to $711.2 million from a year ago. Revenues from Centex's contracting and construction services business had third-quarter revenues of $335.2 million, up 36% from a year ago. Home sales for the third quarter rose to 3,610 units from last year while the backlog of homes sold, but not closed at Dec. 31, including 214 units from Calton Homes, totaled 6,419 units. Centex said favorable interest rates for the first nine months of fiscal 1999 continue to "positively" impact the company's home sales and mortgage applications. Centex also said its home building and financial services operations are on track to report "record performances" in 1999. Also, the company expects its contracting and construction services business to continue with "strong" results while its Centex Construction Products Inc. (CXP) unit is positioned to post "record" results for the year. Centex Corp. said fiscal 1999 earnings will improve "significantly" over fiscal 1998 results. A First Call Corp. survey of 12 analysts yielded a mean earnings estimate of $3.42 a share for 1999. Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved.