stock split, stock recommendation

Begin part 2 of 2

THE PLAYS

Good movers Wednesday: AVP; CHS; CMVT; CPTV; FDS; FRNT; HBIO; HYC; IT; JBLU; MROI

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.

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

Upside:

Play Date: 09/03/2003
OLGC (Orthologic--$5.2; 0; no options): Medical instruments
http://biz.yahoo.com/p/o/olgc.html
STATUS: Double bottom w/handle. Currently forming the handle to its 2 month base showing solid 3 to 0 accumulation (3 up weeks on rising volume to 0 down weeks on rising volume). OLGC has been working over the 18 day MVA (5.11) in the handle on very low, below average volume. That is just as it should be as it moves laterally and shakes out the last sellers. Strong money flow is leading the way and accumulation has set the foundation for the breakout. Seems that medical stocks have been somewhat overlooked in the recent rally, but they have been forming up their bases anyway. Looks as if they could be the next area to make the break higher as techs take a breather.
Volume: 76.522K Avg Volume: 138.136K
BUY POINT: $5.45 Volume=207K Target=$6.84 Stop=$5.11
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/olgc.html

Play Date: 09/03/2003
STST (Sensytech--$19; +0.88; no options): Scientific & technical instruments
http://biz.yahoo.com/p/s/stst.html
STATUS: Flat base. STST broke out of a cup base in May and rallied up to 18 in early July. From there is has worked laterally and over the 50 day MVA (16.45) on very low, below average volume. During this lateral, low volume move the buyers were moving in as accumulation in the 8 week base is a strong 3 to 0. Tuesday STST started jumping off the 50 day, and Wednesday it got some serious volume and was making the breakout move. Relative strength is breaking out with the stock as well, a good indication that the move has some strength. Looking to pick up positions as it cleard resistance on continued strong trade.
Volume: 350.228K Avg Volume: 105.954K
BUY POINT: $19.25 Volume=175K Target=$23.12 Stop=$17.65
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/stst.html

CONTINUING LEADER PLAYS

PRE-ANNOUNCEMENT PLAYS

Play Date: 08/28/2003
KRON (Kronos--$58.71; +1.31; no options): Employee planning, tracking systems. Forecast to announce a split on 10-28-03 in conjunction with earnings. The company has not confirmed a time for the release.
BACKGROUND: Last announced a 3 for 2 split on 10-25-01 in conjunction with a board meeting. The stock price was $41. This date was a day after earnings were released. The annual shareholder meeting was on 2-6-03 at which time no additional shares were authorized. The company has sufficient shares for a 2 for 1 split.
http://biz.yahoo.com/p/k/kron.html
STATUS: Double bottom w/handle. Solid action Wednesday as KRON started higher off of the 10 day MVA (57.23) on an above average volume surge. It is moving toward the breakout from its two month base showing very solid 3 to 1 accumulation. Money flow is excellent and relative strength is ready to make the breakout. Nice action and just waiting for the breakout.
Volume: 176.03K Avg Volume: 156.09K
BUY POINT: $60.62 Volume=248K Target=$70 Stop=$56.55
POSITION: - Stock (only Oct. options right now)
http://www.investmenthouse.com/cs/kron.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 57.72 +0.29 57.22 66 301K 400K 56.02
Buy Not Issued.

ACV 07/19 BO 57.72 +0.29 54.8 65.85 301K 400K 56.02
Current.

AMT 08/16 Cup hdl 11.49 +0.01 10.64 12.77 3.1M 2.8M 10.64
Current.

ANAD 08/16 Cup hdl 4.83 -0.01 4.27 5.32 459K 625K 4.36
Current.

ANEN 08/28 Cup hdl 12.54 +0.07 11.88 14.35 40K 127K 11.05
Buy Not Issued. Light volume rise. Dropping for now but will keep an eye on it for a test and rebound.

APOL 08/14 Test 50 63.74 -0.7 65.88 75.45 1.9M 2M 63.35
Current.

ASKJ 08/26 Rv H&S 19.39 -0.31 19.34 23.25 2.2M 3M 17.99
Current.

ATML 08/26 Cup hdl 4.6 -0.12 4.36 5.28 10M 10M 3.98
Current.

AVP 08/14 Test 50 66.74 +1.64 66.68 76.32 2M 1.7M 63.42
Current. Blast off on volume.

BAC 08/23 Put 78 -0.63 79.25 76 10M 6M 80.35
Buy Not Issued.

BBBY 08/16 Cup 42.75 -0.33 43.68 50 3.9M 5.2M 42.22
Buy Not Issued.

BHE 08/12 FlyPlat 45.14 +0.62 42.95 49 547K 550K 41.94
Current.

BKST 08/30 Test 18 29.3 -0.03 28.88 33.42 50K 90K 27.44
Current.

BLUD 09/02 Cup hdl 26.14 +0.46 25.88 31.12 193K 304K 24.07
Buy Not Issued.

CBK 07/31 Flat 30.55 +0.05 26.9 30.82 304K 450K 27.46
Target Hit.

CCMP 08/13 Cup hdl 66.28 -0.15 65.5 74.88 501K 1.2M 64.81
Current.

CDN 08/28 Saucer 14.22 -0.24 14.36 17.23 3.9M 3.3M 13.58
Buy Not Issued.

CECO 07/31 FlyPlat 45.23 -0.06 42.86 47.62 963K 1M 42.25
Current.

CECO 07/19 Test 18 45.23 -0.06 37.88 43.28 963K 1.2M 42.25
Current.

CECO 05/29 Test 50 45.23 -0.06 31.28 36.73 963K 1M 42.25
Current.

CELL 07/21 Cup hdl 25.83 -0.72 19.25 23.25 896K 225K 24.78
Current.

CHRD 07/28 Test BO 3.69 +0.07 3.22 4.05 540K 822K 3.34
Current.

CHS 07/23 Test BO 33.57 +1.26 27.05 31.25 2.2M 2.2M 28.36
Current.

CMTL 08/30 Cup hdl 25.99 +0.14 26.28 31.38 375K 600K 23.42
Current.

CMVT 09/02 Rv H&S 18.01 +0.82 17.92 21.42 5.5M 4M 16.51
Current.

COCO 08/27 Test 50 57.76 -0.06 56.95 65.55 456K 1M 55.72
Current.

COH 08/16 PreSplt 59.28 +1.18 55.32 63.75 1.9M 950K 55.18
Current.

COH 07/10 BO 59.28 +1.18 55.79 65 1.9M 1.4M 55.18
Current.

COLM 08/14 Flat 52.24 -0.06 54.12 64.95 136K 475K 51.85
Buy Not Hit.

CPTV 08/26 Cup hdl 6.94 +0.24 6.5 8.12 249K 200K 6.05
Current.

CPWM 07/31 Test 50 41.11 -0.08 40.06 48 229K 375K 37.94
Buy Not Issued.

CRUS 09/02 Cup hdl 6.07 +0.06 6.22 7.78 3.6M 2.3M 5.33
Buy Not Issued.

DG 08/12 Cup hdl 22.57 -0.34 19.85 23.88 1.9M 2.9M 20.45
Current.

DHR 08/07 DB hdl 77.15 -0.2 74.63 85.75 760K 1.6M 75.02
Current.

DST 08/28 Cup hdl 40.51 +0.36 40.15 48 831K 1.3M 37.68
Buy Not Issued.

EBAY 08/02 PreSplt 52.49 -2.26 53.78 60 16M 9M 53.02
Current. Fell below the exponential 50 day MVA on above average volume. The stock has made a lower high and must hold at 52 and rebound.

EBAY 03/08 BO 52.49 -2.26 40.04 46 16M 8M 53.02
Current.

EMBT 07/26 Cup hdl 10.29 +0.26 9.33 11.12 809K 400K 9.15
Current.

ERICY 08/11 Test 18 16.07 +0.44 14.82 17.74 4.4M 5M 14.82
Current.

ETN 05/31 Cup hdl 93.66 +0.08 86 100 612K 650K 89.95
Current.

FDS 08/26 DB hdl 51.95 +1.37 50.38 59.88 493K 600K 47.68
Current.

FOSL 08/09 Test BO 28.36 -0.26 27.58 32.95 367K 362K 27.38
Current.

FRNT 07/24 Cup hdl 18 +1.03 14.88 17.78 522K 686K 15.02
Target Hit.

GDW 08/09 A Wedge 87.14 +0.29 86.95 100 400K 923K 85.55
Current.

GLDN 08/25 Test BO 30.65 -0.34 30.55 36.55 341K 200K 29.36
Buy Not Issued.

GLDN 08/19 Test BO 30.65 -0.34 30.4 36.48 341K 200K 29.72
Current.

GPRO 06/17 A Wedge 57.75 -3.6 41.75 48 841K 766K 58.92
Current. Stock dropped below the 18 day MVA on much higher volume. May test the 50 day MVA since it has not tested in 4 months at this point we will look for a new entry point. If stock does not rebound and hold over 60 we will look to exit and take our gain.

GPRO 04/05 Dbl btm 57.75 -3.6 26.5 30.75 841K 521K 58.92
Current.

GS 08/18 Dbl btm 90.82 +0.37 90.12 100 3.7M 4M 87.28
Current.

HBIO 08/14 Test BO 6 +0.6 5.1 6.54 660K 153K 4.94
Current. Outstanding move.

HDTV 08/21 Cup hdl 4.12 -0.15 4.12 5.12 118K 125K 3.78
Current.

HYC 08/20 Flat 5.4 +0.32 5.22 6.55 489K 225K 4.72
Current.

ICST 08/30 Cup hdl 33.08 -1.03 35.32 42.38 730K 2.7M 33.42
Buy Not Hit.

IT 08/09 Cup hdl 11.3 +0.45 10.13 12.95 748K 421K 10.21
Current.

JBLU 07/26 BO 57.3 +2.9 46.32 55.64 1.8M 1.5M 50.18
Target Hit.

JCOM 08/12 PreSplt 33.89 -4.36 25.98 29 4.5M 1.4M 29.62
Current.

JWN 08/04 Cup hdl 26.2 -0.05 22.48 27 1.5M 1.4M 24.38
Current.

KOOL 08/26 Flat 3.86 0 3.67 4.48 234K 105K 3.52
Current.

KRON 08/28 Cup hdl 58.71 +1.31 60.62 70 171K 248K 56.55
Buy Not Hit.

KSWS 08/23 Cup hdl 41.7 +0.7 41.2 49.22 228K 284K 38.38
Current.

KSWS 07/12 Test 50 41.7 +0.7 37.85 44.95 228K 312K 38.02
Current.

LM 07/12 Test 18 73.55 +0.58 72.48 82 464K 700K 70.45
Buy Not Issued.

LM 05/06 Cup hdl 73.55 +0.58 58.5 67.78 464K 610K 69.88
Current.

LPSN 08/21 Test 18 3.2 +0.06 3.22 4.05 521K 425K 2.99
Buy Not Issued.

MERQ 09/02 Rv H&S 48.05 +2.18 45.95 55 8.1M 4.5M 42.73
Buy Not Issued.

MMSI 08/05 Test BO 21.75 +0.45 20.44 24.33 268K 183K 20.46
Current.

MOBE 08/30 Cup hdl 8.37 +0.1 8.22 10.22 834K 781K 7.64
Current.

MROI 08/27 Cup hdl 14.03 +0.97 14.3 17.15 411K 163K 13.11
Current.

MRVL 08/02 Cup hdl 41.27 -0.82 38.5 46 2.1M 4.9M 39.88
Current.

MXIM 08/27 Test BO 42.92 -2.63 45.04 51.85 9.2M 9.5M 41.89
Buy Not Issued.

MYL 08/19 Rv H&S 36.2 -0.18 36.71 43.74 1.3M 1.5M 35.65
Current.

NATI 09/02 DB hdl 41.51 +1.27 40.48 48.45 192K 386K 38.74
Buy Not Issued.

NDN 08/02 DB hdl 35.35 -0.34 35.75 42.25 256K 800K 33.25
Buy Not Issued.

ORLY 08/19 Flat 38.97 +0.3 38.44 46.05 420K 350K 35.88
Buy Not Issued.

PIXR 08/19 Flat 74.2 +0.2 70.68 81 635K 1.1M 69.68
Current.

PLXS 08/19 Cup hdl 16.73 +0.25 16.12 19.38 385K 400K 15.74
Current.

PLXT 08/25 Cup hdl 5.28 -0.22 5.55 6.93 79K 325K 4.98
Buy Not Issued.

PRLS 08/11 A Wedge 3.3 -0.01 3.44 4.29 162K 110K 3.21
Current.

PTEK 08/26 Cup hdl 7.15 -0.45 6.74 8.65 987K 276K 6.54
Current.

QCOM 08/21 DB hdl 40.37 -0.84 40.52 48.65 12M 12M 39.62
Current.

RARE 08/18 BO 26.39 +0.28 37.72 43.25 373K 300K 36.99
Current.

SBUX 07/30 Cup 28.96 +0.21 27.55 33 3.6M 6M 25.94
Buy Not Issued.

SBUX 07/01 Cup 28.96 +0.21 26.3 30.94 3.6M 6M 27.32
Current.

SINA 08/18 Test 50 32.77 -1.51 32.2 38.25 12M 10M 31.22
Current.

SLM 08/23 Put 39.93 +0.11 40.35 38.25 2.1M 1.5M 40.88
Buy Not Issued.

SNPS 08/21 PreSplt 68.38 -0.1 69.6 77.75 1.4M 2.5M 66.28
Current.

SNWL 08/19 Test 50 6.47 -0.01 5.85 7.12 782K 800K 5.88
Current.

SOHU 09/02 Cup 34.05 -0.42 36.14 42.92 7M 5M 32.12
Current.

TKLC 08/02 Test BO 16.96 +0.14 15.96 18.95 635K 1M 15.85
Current.

TSA 08/23 DB hdl 33.32 +0.12 31.69 38 240K 400K 31.15
Current.

TSCO 07/29 Test BO 35.61 -0.02 28.06 31.44 377K 494K 31.48
Current.

TSCO 07/05 Test 50 35.61 -0.02 26.62 30 377K 500K 31.48
Current.

TSCO 06/03 Rv H&S 35.61 -0.02 23.42 27.62 377K 603K 31.48
Current.

TSCO 04/24 Cup hdl 35.61 -0.02 21.88 26 377K 603K 31.48
Current.

TSCO 04/03 Rv H&S 35.61 -0.02 19.3 22.19 377K 577K 31.48
Current.

TUES 08/06 Cup hdl 33.98 +0.34 30.68 36.78 388K 309K 32.68
Current.

TXN 08/21 DB hdl 23.65 -0.39 23.64 28.88 13M 15M 22.22
Current.

UNTD 07/12 Test BO 40.01 +0.7 28.8 34.12 1.4M 2.1M 34.89
Current.

UNTD 05/29 Flat 40.01 +0.7 23.45 28 1.4M 2M 34.89
Current.

UOPX 08/14 BO 64.91 -0.87 61.78 74 187K 300K 63.25
Current.

WONE 08/23 Flat 3.07 -0.54 3.64 4.38 296K 150K 3.29
Exited.

XOMA 07/28 Test BO 9.1 -0.12 8.35 10.24 1.1M 1.5M 8.93
Current.

XRAY 08/28 Flat 43.97 -0.25 44.65 53.55 204K 625K 43.05
Buy Not Issued.

ZMH 08/09 Test BO 53.08 -0.17 51.12 59.55 2.4M 3M 49.68
Current.

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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