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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: JakeStraw who wrote (25928)	3/2/1999 1:01:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

MMCN..ANF.. ANF was always an intermediate hold around earnings season and I was anticipating another good intermediate hold out of this one again. It is my favorite in the retail sector and I have stated that much in a previous post. I got a few e-mail about the possibility of selling when it was down a few days but I always recommended holding this one. Today it reached a new high, is in a very strong uptrend and I'm still holding. MMCN.... was a favorite around earnings season. It was a good play around the first of the year and it was in a strong uptrend. It pulled back but is beginning to look good again. MACD and MACD histogram have broken out. Now MMCN is more of a longer term hold. It's technical rank has seriously lagged behind its better fundamentals. Earnings are still slated to lift about 70% next quarter but the days of triple digit earnings are over. If you don't mind holding for the longer term MMCN has an estimated growth rate of 50% per year for the next 3-5 years. It is usually the best around its earnings date and has surprised in 4 out of the last 5 quarters, but it DID NOT surprise this quarter.