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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: Jenna who wrote (25446)	2/22/1999 6:08:00 PM
From: Starduster	Respond to of 120523

Jenna, Are you inclined to think NEWZ is a buy at this point???? 10 1/4. Thanks, S

To: Jenna who wrote (25446)	2/22/1999 10:32:00 PM
From: kha vu	Respond to of 120523

WSJ: Heard On The Street: E*TRADE hits Cyber-Bumps in Strategy 02/22 Etrade had three consecutive days of computer problem, irate customers are suing, stocks down 40% from recent peak, insiders selling shares. On the positive side, Etrade unveils its business plan: starting to sell its own brand of mutual funds, invested $25 million in Archipelago, a cutting edge electronic trading system and anounced the plan to open an online investment bank focused on small high tech companies. Etrade is also on the radar screen of Goldman which is now exploring the internet trading and potentially buying an online broker. Despite all above negative, Munder NETNET fund bought 125,000 shares. Etrade now processes nearly 40,000 a day, up from 27,450 a day/a quarter ago. Year ended Sept 29, 1998 in millions 1998===============1997 Revenue $245.3 $156.4 Earnings -$1.3 $15.0 Diluted Share earnings -$0.03 $0.42 ==================================================================== last quarter(dec 31,1998) Diluted share earning -$0.23 vs $0.42 Average daily volume: 7.5 millions Share outstanding 109.8 millions

To: Jenna who wrote (25446)	2/22/1999 11:18:00 PM
From: LzzrdKing	Read Replies (1) \| Respond to of 120523

<<#1,ADLAC,ANF,CMCSK #1 from today's list is one of my favorites and you can see how often it appears on the watch lists. I would have held it as well. ADLAC, ANF CMCSK were picked up days before earnings came out.. held through earnings..When the report is that good I don't balk at a couple of points down the first day. Both ANF and ADLAC came back like gangbusters after losing a couple of points. You can't rush out too quickly because the stock can just surge once you leave. I'd rather chance a 2 point loss than chance losing a 'gap up' or 'surge' when a good stock beats the street, is a tad down but has all the potential for a rebound very quickly.>> As a trader I believe earnings plays are bad risk/reward. The downside to a bad report is much greater than the upside to a good one, especially in weaker market environments. Even when the report is good, the news is often "sold" anyway, as that is what professionals do. And often, the report is good but something negative is said in the release, which leads to a nice gap to the downside. That is why I almost never hold through earnings. The sole exception being when the company prereleases blow out eps or when I didn't know eps were due <g>. Much safer to wait for the release and see how the stock acts in response.