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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 (37680)5/1/1999 1:42:00 PM
From: jjs_ynot  Respond to of 120523
 
PCLN has a market cap of 23 Billion Dollars !!

cbs.marketwatch.com



To: Jenna who wrote (37680)5/1/1999 2:00:00 PM
From: Susan G  Respond to of 120523
 
Jenna - <NTBK..When NTBK was lower priced with fewer followers I really understood it. It has moved into an arena now inhabited by giants like RNWK and CNET, so I don't have the feel for its price patterns like I used to.>

This is EXACTLY what has happened to GNET lately, also.



To: Jenna who wrote (37680)5/1/1999 3:33:00 PM
From: Jenna  Respond to of 120523
 
CDWC and MACR? a pattern or a coincidence? CDWC was a very good earnings play. It afforded no fewer than 3-4 swing trades before /after earnings. Holding through earnings netted you from 57 to 68.. On April 27, it reached a high of 96 1/8. That's roughly 40 points from 4/19 until 4/27. Not a bad swing trade.. But I did notice incredible volatility before earnings.. The stock was up 5 one day and down 5 the next within a very high 15 point range.

MACR is beginning to show signs of similar volatility, down 3 1/2 then up over 4. I'm wondering if that is precursor of its price patterns as well. Neither of them were overbought through the earnings and MACR has an even better chart than CDWC did.

Earnings were the 22nd after the close and note the gap up in the morning it is bolded.


CDWC
Date Open high low close volume
4/30/1999 89 1/2 85 91 1/2 85 59,600
4/29/1999 86 1/2 89 1/8 89 1/8 85 1/2 58,500
4/28/1999 88 91 93 87 144,300
4/27/1999 90 3/4 91 3/4 96 1/8 89 5/8 180,400
4/26/1999 89 1/4 85 1/2 90 85 123,500
4/23/1999 88 1/4 87 90 82 1/2 232,900
4/22/1999 89 82 3/8 91 82 1,017,400
4/21/1999 72 1/2 65 74 64 7/16 103,800
4/20/1999 65 7/16 59 5/8 68 13/16 59 1/2 172,000
4/19/1999 57 1/2 67 1/4 68 1/4 55 7/8 135,300
4/16/1999 65 1/16 65 1/8 66 1/2 65 1/16 34,200
4/15/1999 65 5/8 66 3/4 68 64 163,600
4/14/1999 66 3/8 70 71 1/4 65 3/4 112,600



bigchart.com

MACR has been up considerably after the last two earnings reports, but not before having about a 7 point slide after the last one... I think volatility aside with the 3 digit growth and terrific software, MACR could still be a could short term/intermediate term hold. I'd like to get back in for a swing trade as well.

It had an 20% earnings surpise January 27th, 1999
and a 25% earnings suprise on October 30, 1998