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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 (27307)3/13/1999 4:17:00 PM
From: Jerry S.  Read Replies (2) | Respond to of 120523
 
Can anyone give me an opinion on PRGS (Progress Software)? This is a thinly traded issue which can move by 1/8 to 1/4 point on small lots, at least that what it looked like on Friday. Earnings are due on the 17th. Price recently crossed the 50 day average and MACD trending up. Had a nice pop last earnings release and Dain Rauscher just initiated coverage with an agressive buy rating. Everything looks good on the surface but the lack of trading has me hesitant. Any thoughts from anyone would be appreciated.



To: Jenna who wrote (27307)3/13/1999 4:25:00 PM
From: Tondon  Read Replies (1) | Respond to of 120523
 
Jenna, What are your current thoughts on pick number 5 on the watch list for March 12? I've read that they IPOed last month, and the quiet period is lifted this week. I'm a new subscriber to your letter and I find it to be an excellent source for stock selections. Will you also be recommending short candidates in your watchlist newsletter? Sincerely, Donna


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