stock split, stock research

Begin part 2 of 2

THE PLAYS

In each report we prepare full write-ups for those that look ready to move. If the move has been made already we discuss the play in the summary table. The purpose is to focus on the next good movers. New pre-announcement plays are found in that section.

Good movers Wednesday: ANAD; ATML; CELL; CHS; CPTV; EMBT; HAR; JCOM; KOOL; QCOM; SNWL; TXN; COH

NEW PLAYS: This section includes new plays from all sections other than pre-announcements.

Upside:

Play Date: 08/27/2003
MROI (MRO Software--$12.86; +0.06; optionable): Application softare
http://biz.yahoo.com/p/m/mroi.html
STATUS: Cup w/handle. MROI is working on a very nice handle to a good looking 8 month base. Accumulation in the pattern is an outstanding 8 to 1 (8 up weeks on rising volume to 1 down week on rising volume). The past week it has come back to test the 18 day MVA (12.54) on below average volume, showing a doji Wednesday that tapped the 18 day and bounced on rising volume. Money flow is outstanding, still moving higher as the stock comes back to form the handle. Everything is set, now we just look for a breakout on strong volume.
Volume: 87.596K Avg Volume: 108.772K
BUY POINT: $14.03 Volume=163K Target=$16.85 Stop=$12.94
POSITION: UPJ LV - Dec. $12.50c (55 delta) &/or Stock
http://www.investmenthouse.com/cs/mroi.html

Play Date: 08/27/2003
MXIM (Maxim Integrated--$44.61; +1.35; optionable): Semiconductors
http://biz.yahoo.com/p/m/mxim.html
STATUS: Testing the breakout. MXIM just broke from a 9 month cup base sporting solid 9 to 4 accumulation. It rallied up to 45 and then pulled back early this week on lower volume. It tapped the 10 day MVA (42.63) on the Tuesday low and then rebounded Wednesday. Volume was lower, so not a powerful move yet. There is strong money flow to go along with the accumulation, and we are looking for amove past the Friday high on volume to enter. Looks solid.
Volume: 5.481M Avg Volume: 7.361M
BUY POINT: $45.04 Volume=9.5M Target=$51.85 Stop=$41.89
POSITION: XIQ KI - Nov. $45c (53 delta) &/or Stock
http://www.investmenthouse.com/cs/mxim.html

CONTINUING LEADER PLAYS

Play Date: 08/26/2003
ASKJ (Ask Jeeves--$18.06; +0.25; optionable): Internet information
http://biz.yahoo.com/p/a/askj.html
STATUS: Reverse head and shoulders. Right at the breakout point, gappig up Wednesday but unable to move nay further as volume was still well below average. Accumulation is an excellent 4 to 0 (4 up weeks on rising volume to 0 down weeks on rising volume) over the past 7 weeks in the base, money flow is leading higher, and relative strength is ready for a breakout. Looks excellent.
Volume: 1.765M Avg Volume: 2.524M
BUY POINT: $18.62 Volume=3M Target=$22.35 Stop=$17.25
POSITION: AUK LW - Dec. $17.50c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/askj.html

Play Date: 08/19/2003
GLDN (Golden Telecom--$31.23; +0.73; no options): Wireless communications (Russia)
http://biz.yahoo.com/p/g/gldn.html
STATUS: Testing the breakout. GLDN is moving higher off of the 10 day MVA (29.97) and price support at 30. This is a good test because it held that support and started up Tuesday on rising volume. Volume was down Wednesday but still above average. On a further move on stronger volume it is still a buy. Surging money flow is leading the way.
Volume: 303.243K Avg Volume: 170.363K
BUY POINT: New: $31.75 (orig. $30.40) Volume=200K Target=$36.48 Stop=$29.36
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/gldn.html

Downside:

Play Date: 08/23/2003
SLM (SLM Corp.--$40.35; +0.1; optionable): Student loans
http://biz.yahoo.com/p/s/slm.html
STATUS: Put. Looks ready to fall now. It tapped the 50 day MVA on the Wednesday high (40.66) and fell back on some rising though still below average volume. Again it looks ready to rollover right here after this failed 50 day MVA test.
Volume: 1.059M Avg Volume: 2.092M
BUY POINT: Thru $40.22 (orig. $40.35) Volume=1.5M Target=$38.25 Stop=$40.88
POSITION: SLM VY - Oct. 41.625p (-76 delta)
http://www.investmenthouse.com/cs/slm.html

PRE-ANNOUNCEMENT PLAYS

Continuing Pre-Announcement Plays:

Play Date: 08/16/2003
BBBY (Bed, Bath & Beyond--$42.66; +0.37; optionable): Home furnishings. Forecast to announce a split on 9-24-03 in conjunction with earnings. The company has not confirmed this date, but based upon our research this is the date for the announcement.
BACKGROUND: Last announced a 2 for 1 split on 7-13-00 in conjunction with a board meeting. The stock price was $39. The annual shareholder meeting was on 6-26-03 at which time no additional shares were authorized. The company has sufficient shares for a 2 for 1 split.
http://biz.yahoo.com/p/b/bbby.html
STATUS: Cup w/handle. Still working on a very nice handle to its 3 month base sporting 3 to 2 accumulation. The stock was up Wednesday but on lower, below average volume. Forming up very well, and at this point we just let it make the breakout on volume and move in at that time.
Volume: 2.206M Avg Volume: 3.458M
BUY POINT: Breakout: $43.68 Volume=5.2M Target=$50 Stop=$39.28
POSITION: BHQ KH - Nov. $40c (58 delta) &/or Stock
http://www.investmenthouse.com/cs/bbby.html

Play Date: 08/19/2003
PIXR (Pixar--$71.55; +0.53; optionable): Multimedia movies. Still researching a date.
http://biz.yahoo.com/p/p/pixr.html
BACKGROUND: According to our research PIXR has never announced a split.
STATUS: Testing the breakout. After testing the 10 day MVA (69.88) Tuesday and rebounding, PIXR was moving higher again Wednesday on rising though still below average volume. After that super move last week it has tested, and looks ready for more. On a move over the recent high (72.75) it is a new buy. Volume: 434.605K Avg Volume: 799.363K
BUY POINT: New: 72.88 (orig. $70.68) Volume=1.1M Target=$81 Stop=$68.22
POSITION: PQG AN - Jan. $70c (47 delta) &/or Stock
http://www.investmenthouse.com/cs/pixr.html

WATCHLIST/ CONTINUING

LEGEND

DATE: date play first appeared on report.

PLAY: Denotes the type of pattern or play.
Upside play types: A Wedge=Ascending triangle/wedge; BO=Breakout; Cup=Cup base; Cup hdl=Cup w/handle; DB hdl=Double bottom w/handle; Dbl btm=Double bottom; Flat=Flat base; FlyPlat=Flying Plateau; Pennant=Pennant; PreAnn=Pre-Announcement split; PreSplt=Pre-split; Rv H&S=Reverse head & shoulders; Saucer=Saucer base; Test 18=Testing 18 day MVA; Test 50=Testing 50 day MVA; Test BO=Testing the breakout (could be 10 day MVA test, etc.)
Downside play types: CCall=Covered Call; DWedge=Descending triangle/wedge; Dbl Top=Double top; H&S=Head & shoulders; Put (generic downside);

PIVOT=Buy point

Tgt=Target stock price for the play. Applies to stock and options.

Vol=Volume for the most recent session.

TgtV=Target volume to enter the play.

Stop=Stop advisory point. This is advisory and we may or may not exit a play if it hits this level depending upon market conditions.

Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop

ACV 08/04 Test 18 56.19 +0.2 56.45 65.85 193K 400K 52.5
Buy Not Issued.

ACV 07/19 BO 56.19 +0.2 54.8 65.85 193K 400K 55.86
Current.

AMT 08/16 Cup hdl 10.86 +0.14 10.64 12.77 1.5M 2.8M 10.36
Current.

ANAD 08/16 Cup hdl 4.71 +0.67 4.27 5.32 1.5M 625K 3.99
Current.

APOL 08/14 Test 50 60.52 -1.31 65.88 75.45 5.9M 2M 63.58
Current.

ASKJ 08/26 Rv H&S 18.07 +0.26 18.62 22.35 1.8M 3M 17.25
Buy Not Hit.

ATML 08/26 Cup hdl 4.45 +0.38 4.36 5.28 19M 10M 3.79
Current.

AVP 08/14 Test 50 62.21 +0.62 64.78 74.5 950K 1.7M 62.75
Buy Not Hit.

BAC 08/23 Put 77.63 -0.26 79.25 76 3.8M 6M 80.35
Buy Not Issued.

BBBY 08/16 Cup 42.66 +0.37 41.88 48 2.2M 5.2M 39.28
Buy Not Issued.

BGEN 08/05 Put 38.06 +0.09 36.42 33.25 1.5M 4M 38.15
Buy Not Issued.

BHE 08/12 FlyPlat 43.14 -0.07 42.95 49 242K 550K 41.94
Current.

BSX 07/31 Cup hdl 63.25 -2.13 66.53 76.35 4.5M 5M 64.24
Exited.

CBK 07/31 Flat 42.15 +1.05 40.15 46 104K 450K 40.34
Current.

CCMP 08/13 Cup hdl 64.45 +1.52 65.5 74.88 677K 1.2M 64.94
Current.

CECO 07/31 FlyPlat 43.01 -1.52 85.72 95.25 1.6M 1M 86.93
Current.

CECO 07/19 Test 18 43.01 -1.52 37.88 43.28 1.6M 1.2M 43.22
Current.

CECO 05/29 Test 50 43.01 -1.52 31.28 36.73 1.6M 1M 43.22
Current.

CELL 07/21 Cup hdl 24.9 +2.43 19.25 23.25 1.1M 225K 29.49
Current.

CHRD 07/28 Test BO 3.33 -0.11 3.22 4.05 565K 822K 3.22
Current.

CHS 07/23 Test BO 28.9 +0.9 27.05 31.25 1.3M 2.2M 27.18
Current.

CLE 08/16 Cup hdl 33.77 -0.11 31.32 37.62 355K 884K 29.45
Buy Not Issued.

COCO 08/27 Test 50 54.76 -1.25 56.74 65.55 2.8M 1M 54.84
Buy Not Hit.

COH 08/16 PreSplt 56.74 +1.7 55.32 63.75 651K 950K 54.78
Current.

COH 07/10 BO 56.74 +1.7 55.79 65 651K 1.4M 54.88
Current.

COLM 08/14 Flat 51.25 +0.04 54.12 64.95 88K 475K 51.85
Buy Not Hit.

CPTV 08/26 Cup hdl 6.5 +0.48 6.5 8.12 294K 200K 5.91
Current.

CPWM 07/31 Test 50 39.61 +0.38 40.06 48 342K 375K 37.94
Buy Not Issued. Got the volume but could not hold the move. Still a
very nice pattern and looks ready.

DG 08/12 Cup hdl 20.92 +0.48 19.85 23.88 2.3M 2.9M 19.58
Current.

DHR 08/07 DB hdl 76 +0.36 74.63 85.75 372K 1.6M 74.78
Current.

EBAY 08/02 PreSplt 111.5 -0.66 107.55 120 3.7M 9M 107
Current.

EBAY 03/08 BO 111.5 -0.66 80.08 92 3.7M 8M 107
Current.

EMBT 07/26 Cup hdl 9.58 +0.83 9.33 11.12 918K 400K 8.62
Current.

ERES 08/25 Test BO 31.8 +1.36 30.62 36.22 494K 937K 27.94
Buy Not Issued.

ERICY 08/11 Test 18 15.42 +0.32 14.82 17.74 1.3M 5M 14.82
Current.

ETN 05/31 Cup hdl 89.51 +0.43 86 100 242K 650K 86.94
Current.

FDS 08/26 DB hdl 48.14 -0.1 49.59 59 173K 600K 47
New.

FOSL 08/09 Test BO 28.1 +0.4 27.58 32.95 460K 362K 27.38
Current.

FRNT 07/24 Cup hdl 15.14 +0.08 14.88 17.78 126K 686K 14.72
Current.

GDW 08/09 A Wedge 86.01 -0.79 86.95 100 312K 923K 85.55
Current.

GLDN 08/25 Test BO 31.23 +0.73 30.55 36.55 303K 200K 29.36
Buy Not Issued.

GLDN 08/19 Test BO 31.23 +0.73 30.4 36.48 303K 200K 29.36
Current.

GPRO 06/17 A Wedge 61.71 +2.23 41.75 48 275K 766K 57.64
Current.

GPRO 04/05 Dbl btm 61.71 +2.23 26.5 30.75 275K 521K 57.62
Current.

GS 08/18 Dbl btm 85.97 -0.54 89.12 100 1.4M 4M 86.38
Buy Not Hit.

HAR 07/31 BO 93.63 +2.38 85.25 98 729K 420K 81.25
Buy Not Issued.

HBIO 08/14 Test BO 5.24 +0.09 5.1 6.54 65K 153K 4.94
Current.

HDTV 08/21 Cup hdl 3.9 -0.02 3.88 4.85 57K 125K 3.44
Buy Not Issued.

HYC 08/20 Flat 4.93 +0.19 5.21 6.55 60K 225K 4.72
Buy Not Hit.

IT 08/09 Cup hdl 10.49 +0.16 10.13 12.95 191K 421K 10.10
Current.

JBHT 07/26 FlyPlat 48.52 +0.41 47.74 54.94 279K 750K 44.65
Buy Not Issued.

JBLU 07/26 BO 52.22 +0.38 46.32 55.64 426K 1.5M 49.72
Current.

JCOM 08/12 PreSplt 61.33 +2.58 51.95 58 363K 1.4M 56.68
Current.

JWN 08/04 Cup hdl 24.94 +0.28 22.48 27 1.4M 1.4M 23.97
Current.

KOOL 08/26 Flat 3.7 +0.15 3.67 4.48 190K 105K 3.39
Current.

KSWS 08/23 Cup hdl 38.83 +0.21 39.19 47 130K 284K 37.32
Buy Not Issued.

KSWS 07/12 Test 50 38.83 +0.21 37.85 44.95 130K 312K 37.25
Current.

LAVA 08/07 DB hdl 20.18 +0.53 21.85 26.25 695K 1.2M 20.48
Current.

LIN 07/26 Saucer 28.26 -0.04 27.24 32.65 316K 942K 25.42
Buy Not Issued.

LM 07/12 Test 18 70.75 -0.11 70.88 80 237K 700K 65.92
Buy Not Issued.

LM 05/06 Cup hdl 70.75 -0.11 58.5 67.78 237K 610K 69.88
Current.

LPSN 08/21 Test 18 3.05 +0.07 3.22 4.05 216K 425K 2.99
Buy Not Hit.

MATK 07/30 A Wedge 50.25 +0.27 50.25 57.85 530K 799K 46.73
Buy Not Issued.

MMSI 08/05 Test BO 20.95 -0.05 20.44 24.33 153K 183K 20.68
Current.

MRVL 08/02 Cup hdl 41.76 +0.77 38.5 46 3.3M 4.9M 39.88
Current.

MYL 08/19 Rv H&S 35.89 -0.29 36.71 43.74 630K 1.5M 35.65
Current.

NATI 08/23 Cup hdl 38.61 +0.03 40.37 48.45 92K 386K 38.15
New.

NDN 08/02 DB hdl 34.79 +0.05 35.12 42.25 110K 800K 4.08
Buy Not Issued.

ORLY 08/19 Flat 37.26 +0.31 38.35 46.05 96K 350K 35.88
Buy Not Hit.

PFG 08/09 Put 30.69 -0.17 31.88 30 477K 1M 31.65
Target Hit. Did not dive to the target, but was showing signs of
bouncing back up so took a 10% gain. Better than a
sharp stick in the eye.

PIXR 08/19 Flat 71.55 +0.53 70.68 81 433K 1.1M 68.22
Current.

PLXS 08/19 Cup hdl 16.18 +0.53 16.12 19.38 164K 400K 15.94
Current.

PLXT 08/25 Cup hdl 5.34 +0.19 5.55 6.93 81K 325K 4.98
Buy Not Hit.

POOL 08/19 BO 40.26 +0.32 40.78 46.85 165K 259K 38.15
Buy Not Issued.

PRLS 08/11 A Wedge 3.25 -0.13 3.44 4.29 12K 110K 3.19
Current.

PTEK 08/26 Cup hdl 6.8 -0.04 6.74 8.65 1.1M 276K 6.14
Current.

QCOM 08/21 DB hdl 41 +1.47 40.52 48.65 19M 12M 38.42
Current.

RARE 08/18 BO 37.64 +0.83 37.72 43.25 191K 300K 36.15
Current.

RIMM 07/31 Cup hdl 27.81 +0.15 27.52 31.25 1.2M 2.5M 27.18
Current.

ROST 08/09 Cup 48.6 +0.46 46.58 54.45 290K 1.6M 43.32
Buy Not Issued.

SBUX 07/30 Cup 27.12 +0.02 27.55 33 1.6M 6M 25.94
Buy Not Issued.

SBUX 07/01 Cup 27.12 +0.02 26.3 30.94 1.6M 6M 26.75
Current.

SINA 08/18 Test 50 30.52 -0.68 32.2 38.25 5.2M 10M 31.05
Current.

SLM 08/23 Put 40.35 +0.1 40.35 38.25 1.1M 1.5M 40.88
Buy Not Issued. Now it is ready with this intraday tap at the 50 day MVA.

SNPS 08/21 PreSplt 67.45 +0.86 69.6 77.75 1.2M 2.5M 65.44
Current.

SNWL 08/19 Test 50 6.47 +0.49 5.85 7.12 2.2M 800K 5.85
Current.

TKLC 08/02 Test BO 15.9 +0.3 15.96 18.95 368K 1M 14.96
Current.

TSA 08/23 DB hdl 32.4 -0.1 31.69 38 341K 400K 29.48
Current.

TSCO 07/29 Test BO 33.45 +0.86 28.06 31.44 657K 494K 29.45
Current.

TSCO 07/05 Test 50 33.45 +0.86 26.62 30 657K 500K 29.45
Current.

TSCO 06/03 Rv H&S 33.45 +0.86 23.42 27.62 657K 603K 29.45
Current.

TSCO 04/24 Cup hdl 33.45 +0.86 21.88 26 657K 603K 29.45
Current.

TSCO 04/03 Rv H&S 33.45 +0.86 19.3 22.19 657K 577K 29.45
Current.

TSYS 08/14 Test BO 2.72 +0.05 3.15 4 74K 120K 2.93
Buy Not Issued.

TUES 08/06 Cup hdl 34.68 +0.36 30.68 36.78 573K 309K 30.98
Current.

TXN 08/21 DB hdl 23.49 +0.81 23.64 28.88 15M 15M 21.88
Current.

UNTD 07/12 Test BO 37 +0.9 28.8 34.12 840K 2.1M 33.52
Current.

UNTD 05/29 Flat 37 +0.9 23.45 28 840K 2M 33.52
Current.

UOPX 08/14 BO 59.33 -0.92 61.78 74 242K 300K 58.98
Current.

WONE 08/23 Flat 3.53 +0.23 3.53 4.25 68K 150K 3.28
Buy Not Hit.

WYE 08/07 Dbl Top 42.62 +0.25 43.94 40.38 5.2M 6M 43.15
Buy Not Issued.

XOMA 07/28 Test BO 9.3 -0.45 8.35 10.24 3.3M 1.5M 8.93
Current.

ZMH 08/09 Test BO 48.72 -0.17 50.62 59 2.2M 3M 47.88
Buy Not Hit.

Good Investing!
Jon L. Johnson and the Stock Split Report Staff.

All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners of Online Investment Services, LP or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.

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