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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: LzzrdKing who wrote (4118)	1/26/1998 2:21:00 AM
From: GR	Respond to of 7396

nortel (NT) just came out with a device that allows incoming phone calls to be identified on a ISP connection line,thus making that second phone line not needed.,15 minute technicals a little overbought..but month long tech looking good.coming out of a blow off down move,on friday with a 2-3.00 pop up after hitting friday low..safe company..a major player..just split stock.i'd watch it and buy on weakness

To: LzzrdKing who wrote (4118)	1/26/1998 7:41:00 AM
From: TATRADER	Respond to of 7396

Excellent short pick on COHU...Double top on COHU with neckline at 45.00...Anywhere near 45 would have excellent possibility of success...Simple stochastic had a %K crossover to downside over %D, and Ultimate oscillator is already pointing down....May do some position shuffling if this one moves again toward 45.00...Mark P.S. What concerns me is it might have already taken its last shot on Friday to 45, and we might not get your upward gap...

To: LzzrdKing who wrote (4118)	1/26/1998 11:56:00 AM
From: Andrew M Brown	Read Replies (1) \| Respond to of 7396

I would have to disagree about the short play on COHU at this time. The company is scheduled to report earnings in mid February. Likely they will capitalize on the Barron's listing by moving the earnings report up (perhaps this week). In addition, the company has shown an aversion to a pricy stock. Look for a split as well. I think it would be dangerous to short with a PE of expected future earnings of 11! Your first impression may have been the best. Go long on COHU.