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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: Harry who wrote (27165)3/12/1999 11:53:00 AM
From: kendall harmon  Read Replies (1) | Respond to of 120523
 
FMO merrill cut next quarter estimates by 3 cents and the stock overreacted. Since the morning there have been huge block buys and the stock has been making multiple intraday highs.



To: Harry who wrote (27165)3/12/1999 1:32:00 PM
From: Joe Hoek  Read Replies (2) | Respond to of 120523
 
EGGS - Harry, I got out of EGGS at 16 1/2 a little while back after riding it down from 22 1/2 - I kept telling myself I wouldn't go down so much on it but I did anyway.

With the secondary offering it's going to take some news to get it going back up. I don't know if I'd sell at these prices with the way the market is today. It can jump up big if there's some good news on it, and I'd follow it with a close stop if it does.


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