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Tue: Buys SMH INTC PSFT DROOY IMGN CIEN Sells EBAY OIH SBUX

 
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arthur
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PostPosted: Mon Aug 30, 2004 3:36 pm    Post subject: Tue: Buys SMH INTC PSFT DROOY IMGN CIEN Sells EBAY OIH SBUX Reply with quote

Tue: Top Buys SMH INTC PSFT DROOY CIEN IMGN CORV XOMA Top Sells EBAY OIH SBUX

SMH and INTC may be excellent intermediate-term holds. PSFT may rally to 21 soon. Both DROOY and CIEN may be buys at 1.72 or lower. IMGN below 5 and CORV below 1 may be buys. XOMA fell sharply and may bounce. EBAY (at over 86, to hedge calls) OIH (at over 72 3/4, since oil may rise before 9/11) and SBUX (at 43 1/4, because of the gap down) may be shorts.
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