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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: kendall harmon who wrote (23456)	1/28/1999 8:24:00 PM
From: Dave Twibell	Read Replies (1) \| Respond to of 120523

Jenna (or anyone else) - thoughts on ASF and HMK? Kendall made the case below for HMK, but it looks to me ASF (Accustaff) was a huge overreaction as well. The problem: Company announced it will miss earnings by about 15% and received a downgrade to market perform by Robbie Stephens. The result: ASF fell from over $30 to close at around $15 3/4 The aftermath: Company issued a press release after the close announcing its intent to buy back up to 1,000,000 shares and making general statements concerning the health of the business and future growth prospects Interesting Facts: 3.4 mil float and a 7.7 day short ratio Holding some overnight but considering purchasing more tommorrow as a position trade. Any thoughts?