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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: Adelle who wrote (35006)	4/20/1999 11:24:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

TQNT was an alternate earnings play and one I liked. This one has upside IMHO at least through its 52 week high of 26 3/4 which it probably will hit today and is a candidate for intermediate hold. I wouln't mind a buy at 25 here though either since I expect it to hit the 52 high either today or later this week before retreating. RSI obviously triggered a buy signal this morning and the stock is under accumulation. It bounced off support when it passed over 20 3/4 and if it hits the high of 26 3/4 there will probably be a small profit taking pullback but then it should be a buy once again after this first pullback. PWAV is the same position and is having a small pullback.. Both PWAV and TQNT look to make good intermediate holds, on market rallies they will be the first to respond to the upside.