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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 (35645)	4/21/1999 11:41:00 PM
From: kha vu	Read Replies (2) \| Respond to of 120523

IBM after hours: What will the technology sector be tomorrow??? <<<<IBM stock took flight and soared in after-hours trading, gaining more than $17.50 to trade at $189.37, adding to a gain of $2.12 during the regular session. The company said its result meant income of $1.55 a share came on sales of $20.3 billion. Wall Street analysts surveyed by First Call Corp. had expected IBM to earn $1.41 a share. IBM said its net income, income per share and revenues were all records for the first quarter. In the year-earlier period, IBM earned $1 billion, or $1.06 a share, on sales of $17.6 billion. The company said sales in the Americas increased 13 percent to $8.8 billion; in Europe, the Middle East and Africa 20 percent to $6.3 billion; and in the Asia-Pacific region 20 percent to $3.5 billion. Hardware sales were up 17 percent, services were up 19 percent and software up 10 percent, IBM said. The company's gross margin declined slightly, to 35.7 percent from 36.6 percent. ''My initial feel is this is a solid, solid quarter,'' said Phil Orlando, chief investment officer with Value Line Asset Management. ''The slight decline in gross margins was a modest disappointment, but the bottom line is the bottom line and they beat the number there by 14 cents,'' he said. Chairman Louis V. Gerstner Jr. noted that the technology group results were mixed, with improvement in its personal computer and disk drive divisions, but weaker results in its memory chip unit. Gerstner also said computer services and software accounted for 60 percent of the company's gross profit. ''Services is clearly the largest and fastest growing portion of the information technology industry, and we continue to extend our leadership position each quarter,'' Gerstner said. The results were released after the close of regular stock trading. IBM's stock closed at $171.875 a share, up $2.125, on the New York Stock Exchange. The company said during the quarter it increased its common stock repurchases to $2.1 billion from $1.6 billion in the fourth quarter of 1998.>>>>>>>>>> <<<< The funk over Compaq's dismal earnings seems to be over.>>>>>

To: Jenna who wrote (35645)	4/21/1999 11:43:00 PM
From: Adelle	Respond to of 120523

Taking profits is really getting easier, especially with the scares this week and last. In fact, I have dwindled my GNET down to 100 and my CMGI down to only 50, and they were up 40ish today! I keep reading about these covered calls that the 3 amigos talk about..must learn about those.....

To: Jenna who wrote (35645)	4/21/1999 11:45:00 PM
From: Harry	Read Replies (1) \| Respond to of 120523

JENNA,SF,ALL TREADERS. thinking of picking up USWB in the am with the good news out tonight,i think it's the time for me to get in can i have your input. PS Thanks for the VRIO pick last month out today at 75 did very well you guys are great!!!!!!! thanks harry