To: Jenna who wrote (78988 ) 1/13/2000 8:16:00 PM From: Jenna Read Replies (1) | Respond to of 120523
<<<ALERT>>> FDA panel backs Sunrise laser for farsightedness (note stock number 13) and it was up on the 12th.. the stock was halted all day today. Also VNWK had an incredible day from yesterday's list +11.75, RATL, MIPS INTC,ADRX, VTSS and some others continuing their uptrends today. NEWP jumped up yesterday near the close and continued up today.. ESST was up 11.64%, MTSN up 8% and ARQL + 37%, from the watch list of 11 of January: 10> ARQL - ARQULE INC + 37% today Price= 12.8 VL/30= 271.5 %Rnge= 100.0 Sto9V= 84.3 W14dV= 70.5 %Hi4 = 100.0 1-Dy = 112.0 50MA = 181.3 10MA = 124.4 Agenda of the h&M conferenceconf01.hamquist.com ROCKVILLE, Md., Jan 13 (Reuters) - A U.S. federal advisory panel on Thursday backed Sunrise Technologies Inc.'s (NasdaqNM:SNRS - news)only product, a laser to treat farsightedness that the panel had previously rejected. A Food and Drug Administration advisory committee voted 7-2 that the Hyperion LTK laser was safe and effective for treating hyperopia, or farsightedness, in patients over age 40. The committee's opinion is important because the FDA usually follows its panels' advice in considering whether to grant approval for marketing in the United States. The Sunrise laser uses bursts of heat to reshape the cornea and repair vision. The procedure does not require cutting the eye like the most common type of laser procedure, Lasik, does. Last July, the FDA panel voted 12-0 that the agency should not approve the Hyperion laser. At the time, panel members said they thought its effects wore off 18 months to two years after surgery. That setback sent Sunrise's stock falling more than 70 percent, and analysts said spectulation on the laser's fate was driving recent stock movements. Sunrise stock was halted on Thursday. It closed on Wednesday at 10 1/16.Watch List for January 12, 2000 Most of the plays below are momentum driven earnings plays. This will be the case in the next 2 weeks or so. To avoid massing too many stocks on everyone, the ones that are already in an uptrend will be in our watch lists. Watch also LORX*, RATL, BBOX, FLEX.. still looking strong. Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only MOVING AVG 50-DY display only MOVING AVG 10-DY display only 1> NEWP - NEWPORT CORP .SPE Price= 50.9 VL/30= 155.3 %Rnge= 82.0 Sto9V= 65.6 W14dV= 63.9 %Hi4 = 92.6 1-Dy = 105.0 50MA = 143.3 10MA = 105.4 NEWP Chart A favorite.. Still not overbought and in a strong upward trend. RSI, Volume Indicators, Money flow are all bullish and NEWP is under accumulation. Check CHART on the website later on. Perfect example of each bull flag creating the classic "buy on dips" opportunity and leads to a higher price level. 2> VOX - AUDIOVOX CORP .TES Price= 32.8 VL/30= 229.4 %Rnge= 62.0 Sto9V= 66.8 W14dV= 59.8 %Hi4 = 100.0 1-Dy = 110.0 50MA = 113.6 10MA = 110.8 earnings play.. earnings out Thursday BEFORE the open 3> COVD - COVAD COMMUNICATIONS GROUP I .TLO Price= 59.2 VL/30= 177.1 %Rnge= 84.0 Sto9V= 70.6 W14dV= 56.5 %Hi4 = 98.3 1-Dy = 102.0 50MA = 104.5 10MA = 102.5 Pacific Crest top picks for 2000 dtd 1/5/00 Covad (COVD - $59 1/8) Rating: Strong Buy 4> NOVT - NOVOSTE CORP .MED Price= 24.5 VL/30= 418.2 %Rnge= 100.0 Sto9V= 88.6 W14dV= 79.7 %Hi4 = 100.0 1-Dy = 113.9 50MA = 152.0 10MA = 130.0 exploding volume. It's dramatic technology can be illustrated in this article from November 23rd. Technically it does look a bit overbought but it is also in a strong upward trend and not unlike the internet stocks, potential for NOVT supercedes its "overbought" status.. TIP: A stock is in trouble if its overbought indicators start sloping downward, this is NOT the situation with NOVT. In any case NOVT is worth more than a 'daytrade'. 5> SALN - SALON COM .SER Price= 7.8 VL/30= 176.5 %Rnge= 72.0 Sto9V= 53.8 W14dV= 61.3 %Hi4 = 93.9 1-Dy = 111.7 50MA = 118.4 10MA = 122.2 positive article and merger AOL/TWX causes momentum 6> NSM - NATIONAL SEMICONDUCTOR CORP .ESE Price= 47.5 VL/30= 108.9 %Rnge= 75.0 Sto9V= 81.4 W14dV= 59.4 %Hi4 = 98.1 1-Dy = 98.1 50MA = 113.9 10MA = 108.8 One of my favorites.. moved against the trend by closin in the 75th percentile of its intraday range. Trend is very strong and its 52 week high is 51.88.. Price action (relative strength) puts NSM into the 90th percentile. It triggered a 20 day moving average breakout on Monday and a 10 day MA breakout last Friday. On Tuesday it triggered an MACD breakout.. 7> NTPL - NETPLEX GROUP INC Price= 13.1 VL/30= 58.7 %Rnge= 80.0 Sto9V= 77.6 W14dV= 70.4 %Hi4 = 99.0 1-Dy = 108.2 50MA = 202.5 10MA = 111.2 Stock is very "HOT" in a good sector. ADX is exploding upwards now at 54 and every short bull flag is followed by a higher price than previously. 8> BRYO - BRIO TECHNOLOGY INC .DSO Price= 48.1 VL/30= 67.2 %Rnge= 59.0 Sto9V= 64.3 W14dV= 51.5 %Hi4 = 80.0 1-Dy = 101.7 50MA = 106.9 10MA = 108.7 Earnings Play that triggered a buy signal. 9> GALT - GALILEO TECHNOLOGY LTD .ESE Price= 24.9 VL/30= 225.3 %Rnge= 3.0 Sto9V= 45.2 W14dV= 54.5 %Hi4 = 97.7 1-Dy = 101.7 50MA = 105.6 10MA = 102.3 excellent for earnings play (out Jan 18) to be upgraded BEFORE earnings 10> ESST - ESS TECHNOLOGY INC .ESE Price= 22.5 VL/30= 243.4 %Rnge= 90.0 Sto9V= 63.4 W14dV= 57.5 %Hi4 = 98.0 1-Dy = 107.7 50MA = 112.0 10MA = 106.1 chart for this one on website later.. excellent news and chart patterns ESST Chart 11> MTSN - MATTSON TECHNOLOGY INC .ESE Price= 19.4 VL/30= 250.3 %Rnge= 75.0 Sto9V= 73.6 W14dV= 71.8 %Hi4 = 100.0 1-Dy = 109.1 50MA = 120.8 10MA = 111.8 Chart for this on website later.. perfect example of breakout from a cup & handle chart formation MTSN Chart 12> VNWK - VISUAL NETWORKS INC .DCS Price= 74.2 VL/30= 108.3 %Rnge= 70.0 Sto9V= 29.0 W14dV= 57.0 %Hi4 = 92.7 1-Dy = 108.3 50MA = 112.8 10MA = 101.3 Earnings momentum driving VNWK as well. Oversold stochastic.. earnings out Thursday after the close. -------------------------------------------------------------------------------- For AGGRESSIVE traders: SNRS is waiting for an important FDA approval on the 13th. Lots of volatility expected but if approved, SNRS could soar..unfortunately if it is NOT approved..well you know the scenario..13> SNRS - SUNRISE TECHNOLOGIES INTL .MED Price= 10.7 VL/30= 301.5 %Rnge= 78.0 Sto9V= 39.7 W14dV= 46.9 %Hi4 = 85.0 1-Dy = 114.7 50MA = 101.8 10MA = 96.0 * see update of LORX's earnings estimate on calendar