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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: TWICK who wrote (40316)5/15/1999 8:21:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Unify MG earnings play: In Friday 5/14/99 Investor's Business Daily Nasdaq Stocks in the News: 5/10/99 PWR another of our picks was featured on "New America" page of the same paper.

...UNIFY which develops e-commerce and data storage software has been consolidating for 13 weeks. The stock rose 1 1/2 to 16 1/4 on double average volume[ed. comment this was Thurs. on 'selloff' Friday it rose an additional 1 1/8]. On Tuesday, the company and Red Hat Software announced a strategic partnership to develop products for the Linux operating system. The tie-up will benefit Unify in the form of a new potential audience. Unify is expected to post an April 1999 fiscal year profit of 45 cents a share. vs a 29 cent loss a year according to first call.

UNFY appeared on our Earnings Calendar on Thursday May 6 together with other earnings hits that eventually would hit like CMCSK, DISH, AMFM, GMST, PBY, ACXM, CSCO,FD,WMT,CVC,PER,PMRY and JOINA.. We post our plays 4-10 days before earnings come out.