LMT (long)
Larry Swing - Sep 30, 2004 - LMT is in an ideal technical position... Read More

PLMO (long)
Larry Swing - Sep 28, 2004 - After a tremendous run of over 300%, PLMO began consolidating, and then eventually fell into a large gap. Was this a simple change of fortune? We do not think so; company fundamentals continue to improve, and despite the fall, relative strength remains very strong. We believe the recent decline is a market-induced (the NASDAQ has dropped sharply) buying opportunity. Increased convergence in portable technologies should continue to shift fundamental forces in favor of PLMO. Read More

NAVR (long)
Larry Swing - Sep 27, 2004 - In late 1998, NAVR rocketed to a high of 27. Unfortunately, investors have not seen equivalent prices since; the stock fell for three years before reaching a low of 0.85. Since this low, the stock has had several years of good performance, has recovered somewhat, and is now consolidating near 15. We believe that the stock remains undervalued despite the advance. Read More

CREE (short)
Larry Swing - Sep 23, 2004 - CREE has run up tremendously in recent months. The advance has brought the stock above significant resistance that existed at 29. However, the breakout had no follow-through, and the stock now looks weak. A move below 29 would be very bearish... Read More

AMAT (long)
Larry Swing - Sep 21, 2004 - After consolidating slightly below resistance for several days, AMAT broke out of a double bottom pattern on Monday. The stock now appears poised for a further rise... Read More

KTC (long)
Larry Swing - Sep 20, 2004 - The company is highly levered, and has seen profits tale off drastically over the past two quarters. The stock is off from highs of 79.13 formed in early 2000; it was in a sharp decline until late 2001. Since then, it has been consolidating. We are bullish!.. Read More

AUO (long)
Larry Swing - Sep 16, 2004 - After forming an all-time high of 27.1429 in April of this year, the stock plummeted to 10.50 in early august. The downturn followed a decline in sales expectations as inventories corrected and demand slowed. While we feel that this is part of a long-term downturn, and thus should be dealt with fairly carefully, we believe that the stock price reaction has been excessive. However, it is the technical situation that is particularly attractive…Read More

CCMP (long)
Larry Swing - Sep 14, 2004 - After a lengthy and severe stock price decline, CCMP has begun a recovery, which has taken it 42% off of its recent lows. During the recovery, CCMP consolidated for almost two months in a bullish ascending triangle. Prior to this, the stock formed a head and shoulders bottom. Throughout the stock's three-year decline, CCMP's revenues and earnings have done very well in comparison to those of the average technology stock. We believe the decline in general, and the drop from 52 week highs in particular, are the result of an overreaction to earnings misses that do not actually portray a very negative picture... Read More

AMWD (long)
Larry Swing - Sep 13, 2004 - In expectation of, and reaction to excellent earnings, AMWD's share price has risen sharply during the past month. Currently, the stock is consolidating just below all-time highs. We believe that the stock remains significantly undervalued, despite the recent advance... Read More

GLAD (long)
Larry Swing - Sep 9, 2004 - Gladstone Capital missed several quarters of earnings estimates. During this period, the stock declined from a high of 23.71 to a low of 18.91. With a recent earnings beat, the stock rebounded from the lows, and is currently consolidating at levels near the prior high. We note, however, that the fundamental picture has been significantly bettered since the last high; thus, we believe that the stock should be more highly valued. This view is supported by our analysis of valuations... Read More

SMH
Larry Swing - Sep 7, 2004 - Today we have a very simple setup for our Chart Of The Week: A decline to support. We view the sharp price decline accompanied by high volume as a sign of panic. As a result, we believe that the decline is a buying opportunity... Read More

QCOM (long)
Larry Swing - Sep 6, 2004 - Several catalysts currently speak towards stock price appreciation for QCOM: A bull flag, bullish volume, rising analyst estimates... Read More