Re: [CANSLIM] HITK--Volume Studies-Part 9, OSTE

From: "DMC197807" <dmc197807@comcast.net>
Subject: Re: [CANSLIM] HITK--Volume Studies-Part 9, OSTE
Date: Thu, 21 Aug 2003 07:18:34 -0700

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Despite the evident bull market, these two stocks are content (or intent) on
playing out their destinies as foreshadowed by volume studies (see below).
HITK has had its bounce up from 21.21 and found resistance, plenty of it,
below that last high on the daily chart.  So, we can see, in about a month,
descending highs from 31.29, 28.24 and 27.44.  Likewise we can see
descending lows at 25.22, 23.40 and 21.12.  Next support is 20, volatility
in this name (ATR) is dropping as the stock forms a familiar, small candle,
ratchet down pattern.  IBD is still showing an A- rating on this stock, but
I don't think that will save it.  Moving averages are converging, getting
ready for a nasty cross which should seal this stock's short term fate.
Those looking for a short might consider shorting this here at 25 and
covering it just before it contends with the $20 level; or covering half and
waiting to see if it plunges through.

On OSTE, last time we looked at it it was struggling to hold above the $13
line.  Now it's struggling to holdt $12.  The image that comes to mind with
stocks in this situation is drowning.  It still looks like 11, 8 and 6.50
for support on the way down, but I don't see the space-time continuum
working out for shorting this one.

Btw, someone on SI was nice enough 5 days ago to mention SOI to me as sort
of a high risk, high reward play.  Today it soared over 310% at one point,
on apparent resolution of their survival issues.  Did I play it?  No, I
looked it over and thought, with all its troubles, it was a long shot.  It
just turned out to be a long shot, however, that paid off nicely.

DMC

- ----- Original Message -----
From: "DMC197807" <dmc197807@comcast.net>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 12, 2003 8:33 AM
Subject: Re: [CANSLIM] HITK--Volume Studies-Part 8, OSTE


> As part of the continuing monitoring, some might be tempted by the little
> run up in HITK prices we've seen in HITK, from 21.12 to 24.98.  Don't be.
> It's doing this on sinking volume.  Next step down will most likely be a
> true test of 20 (for the rest of the chart see earlier messages below).
>
> As for OSTE, a stock that was lamented as a big breaker going down despite
> great fundies and great TA (from a black box, as I recall), the stock is
now
> in a more sustainable downtrend, looking for support at 11, 8 and about
6.50
> by my charts.  Anyone tempted by the little uptick today, the first one in
6
> days, had better be nimble.
>
> As important as it is to know when to buy and when to sell, maybe the most
> important component (Cool Hand Luke's "sometime's nuthin' is a real cool
> hand") is when to stand aside.
>
> DMC
>
>
> ----- Original Message -----
> From: "DMC197807" <dmc197807@comcast.net>
> To: <canslim@lists.xmission.com>
> Sent: Wednesday, August 06, 2003 10:39 AM
> Subject: Re: [CANSLIM] HITK--Volume Studies
>
>
> > Yien,
> >
> > I think you're correct.  In hindsight it's too easy to go back and mine
> some
> > indicators and say, "ah ha!" that was the signal, but life ( and the
> > markets) are messier than that.
> >
> > Having said that, you can always be a little nervous of a stock which
more
> > than triples in 4 months (15 to 49) and begin to look for signs not to
> sell
> > but to tighten your stops.  On this one, you look at the 50 day and say
if
> > it breaks that, then I should go.  Or you look at the price action in
June
> > July where there are some consecutive doji days and the Bollinger Bands
> are
> > tightening.
> >
> > Just focusing on volume, after the 49.90 high day you had a selloff and
a
> > falloff in volume; some people can see that as normal price/volume
action,
> > but given the chart, it definitely showed a falloff in buying interest
in
> a
> > stock which in a few days soft off from 49.90 to 36.07.  What?  No
> interest
> > at all at a 37% discount?   Clearly a signal.
> >
> > The best key to finding a top might be the topping pattern which was a
gap
> > and solitary black candle on the day it hit 49.90.  The market gapped it
> up
> > but there were no more buyers at higher prices and the thing sold off in
> > mid-air.  At that point, if one was long and watching, it would have
been
> a
> > good idea to set a stop loss at minus 6%, or at about $44-45, depending
on
> > when you made your analysis.  For all stocks you have to constantly ask
> > yourself, are there going to be more buyers up higher, or have we made
the
> > top?
> >
> > Also, if you draw a big trendline on the stock, connecting the bottoms
you
> > can see, even being generous, that any close below 45 was signalling the
> end
> > game.
> >
> > But for all that, during the time in question I was either visiting
young
> > relatives in the hospital or caring for an aging relative at a nursing
> home
> > (and a few days later, a funeral home), so I wasn't paying that much
> > attention at the time.
> >
> > DMC
> >
> >
> > ----- Original Message -----
> > From: "Yien T Lung" <ylung@engin.umich.edu>
> > To: <canslim@lists.xmission.com>
> > Sent: Wednesday, August 06, 2003 10:13 AM
> > Subject: Re: [CANSLIM] HITK--Volume Studies
> >
> >
> > > DMC
> > >
> > > Concerning HITK, what were the technical indicators that told you had
to
> > > get out of this stock ASAP?
> > >
> > > From my limited undertanding of TA (so bear with me), HITK should have
> > > been sold on July 16 because:
> > > - Smashed through the 50MA support
> > > - Going down at above average volume
> > > - Closed near to the low of the day
> > >
> > > Were there other factors that justified getting out prior to July 16?
> > >
> > > Thanks
> > > Yien
> > >
> > > But other than that,
> > >
> > > On Wed, 6 Aug 2003, DMC197807 wrote:
> > >
> > > > One problem with threads and email lists is the topics tend to lack
> > > > follow-through.  The newest hot topic or stock du jour takes over
the
> > > > airspace and previous topics disappear.  Perhaps they should, but I
> > think
> > > > the HITK education is out there for people who want to take the time
> to
> > > > understand why this stock which gapped and crapped was an unlikely
> > delight
> > > > at $25, $26 or "under $25".  One problem with getting your list of
> > MILSCANs
> > > > and IBD 100 stocks is you tend to love them long after their
> usefulness
> > has
> > > > evaporated (or long before they become useful again).
> > > >
> > > > First off, if you can part with some pi$tole$, may I suggest buying
> > Donald
> > > > Cassidy's Trading with Volume.  As you can see from the reviews,
some
> > people
> > > > think it's great, some think it doesn't tell you anything new.   I
> think
> > for
> > > > $25 and a few hours of dedicated reading it's pretty good insurance
> > against
> > > > buying an exhaustion gap or jumping in to buy HITK as it's
crumbling.
> > If it
> > > > saves you one bad trade (guaranteed to save you more, but .  .  .)
> then
> > it's
> > > > worth about 10 times the purchase price.  It's generally not
available
> > in
> > > > libraries:
> > > >
> > > >
> >
>
http://www.amazon.com/exec/obidos/tg/detail/-/0071376046/qid=1060182177/sr=1
> > > > -1/ref=sr_1_1/102-9779625-0378563?v=glance&s=books#product-details
> > > >
> > > > Those who trade on price alone are like people who fly airplanes on
> > > > visibility alone.  Or maybe trying to trade on price action alone is
> > like
> > > > trying to speak a foreign language with nothing but tons of
> > vocabulary--no
> > > > grammar, no semantic rules, no idioms, just a lot of words.  If
you've
> > ever
> > > > encountered a newly arrived foreign student in the hard sciences you
> get
> > the
> > > > drift.  Volume is a key and crucial instrument.  It's really too bad
> we
> > can
> > > > trade volume as well as price (that is, buy options on volume
levels,
> > rather
> > > > than just price levels), but there's probably no efficient way to do
> it.
> > > > Otoh, using volume to understand price is key.
> > > >
> > > > Another useful thing is just to scroll down this note, starting at
the
> > > > bottom and noting the dates.  If you have a dual screen setup, you
> might
> > put
> > > > the daily or 60 minute chart of HITK up against it, and try to see
> what
> > was
> > > > going on at what point in the conversation.
> > > >
> > > > HITK is continuing its short, squat candlestick march on low volume,
> > down
> > > > below $23 as I type.  How long will the bleeding last?  Who knows,
but
> > at
> > > > this angle and with this momentum (volume) it can be excruciating.
> How
> > will
> > > > it end?  Impossible to say, but a likely scenario will be the
> wholesale
> > > > dumping of shares if $20 doesn't hold.  I don't see it holding.  I
> think
> > it
> > > > could collapse tomorrow or the next day, then we might have an
"echo"
> of
> > the
> > > > plunge from $40 to $25, with a little boost up to 28 (and all the
> > bullish
> > > > chatter) before it finds its proper bottom.  Check now the widening
of
> > the
> > > > Bollinger bands on the bottom side, giving this thing plenty of
space
> to
> > > > run.
> > > >
> > > > So, let's take another look around 8/15 to see if it has fallen
> through
> > 20
> > > > to 15 and bounced.  Looking out longer term, on the weekly chart,
you
> > can
> > > > see some support at $10 and what looks like rock bottom
fisher/vulture
> > > > carcass at around $7-8.  So, short term support at $20, $15; medium
> term
> > > > support at $10 and an "event" or crushingly bad market could take us
> to
> > $7.
> > > >
> > > > DMC
> > > >
> > > > ----- Original Message -----
> > > > From: "DMC197807" <dmc197807@comcast.net>
> > > > To: <canslim@lists.xmission.com>
> > > > Sent: Monday, August 04, 2003 8:56 AM
> > > > Subject: Re: [CANSLIM] HITK
> > > >
> > > >
> > > > > Perhaps members of the group will find it educational to follow
HITK
> > for a
> > > > > little while longer.  Nobody has a crystal ball on these things,
but
> > > > > experience has taught me the hard way that not paying attention to
> > price
> > > > > action and volume can be costly.
> > > > >
> > > > > As I opined earlier, this chart pattern is a very familiar, broken
> > stock
> > > > > picture.  Volume keeps fading away as buyers back away from this
> name
> > and
> > > > > holders are just beginning to get the picture that the bleeding
has
> > only
> > > > > begun, and hasn't begun to stop yet.  We've now crossed up above
the
> > 200
> > > > dma
> > > > > very weakly and fallen back down through it.  I'd expect this
stock
> to
> > > > stay
> > > > > below the 200 dma for a significant amount of time from now on,
long
> > after
> > > > > all the averages complete their southerly curves.  Since there are
> few
> > > > > buyers it won't take many sellers to show up, dump their shares
and
> > get
> > > > out.
> > > > > That accounts for the small but steady march south.  The Bollinger
> > Bands
> > > > > have now widened significantly; when a stock is rallying it can
> climb
> > > > along
> > > > > the upper band for a long time; the same happens on the bottom
band
> > when
> > > > > it's falling.  The bottom band is pointed directly toward $15
right
> > now; I
> > > > > see no reason why, given enough time this summer, it won't achieve
> and
> > > > then
> > > > > overshoot that number.  If HITK had options, I'd be buying puts
> here.
> > If
> > > > I
> > > > > was an HITK owner, I'd get out at any price right now.
> > > > >
> > > > > DMC
> > > > >
> > > > > ----- Original Message -----
> > > > > From: "DMC197807" <dmc197807@comcast.net>
> > > > > To: <canslim@lists.xmission.com>
> > > > > Sent: Monday, July 28, 2003 11:05 AM
> > > > > Subject: Re: [CANSLIM] HITK
> > > > >
> > > > >
> > > > > > Fanus,
> > > > > >
> > > > > > Thanks for your note.  Each of us has his own system.  Back in
May
> I
> > > > > traded
> > > > > > HITK off the center of the Bollinger bands for a bounce which I
> got
> > and
> > > > I
> > > > > > was monitoring it off shorter time frame charts.  The mistake I
> made
> > was
> > > > > not
> > > > > > holding on for the ride further up, but I was leaving for 10
days
> on
> > the
> > > > > > East Coast and couldn't afford to keep the position open, so I
> left
> > with
> > > > > > 9.3% gain in 7 days.  If I can annualize that gain it's better
> than
> > 300%
> > > > > per
> > > > > > year, so I like it.  I kept a tight stop on the position so
maybe
> > your
> > > > > > calculation of the risk wasn't mine.
> > > > > >
> > > > > > Everyone looks at risk and reward differently.  You may see a
> stock
> > > > which
> > > > > > can rise up to 35 or 40 fairly easily (the reward) but I see a
> > broken
> > > > > chart
> > > > > > and the likelihood of that happening as very, very slim.  More
> > likely,
> > > > > given
> > > > > > the pattern, is for the stock to pause and hiccup and continue
to
> > break
> > > > > > down.  Or it could stabilize and idle here at the $22-28 range
for
> a
> > > > > while.
> > > > > > However, there have been a lot of buyers on the way up to $49
and
> > not
> > > > all
> > > > > of
> > > > > > them have sold.  It often takes several days for the totality of
a
> > drop
> > > > > from
> > > > > > 49 to 25 to sink in.  A lot of people hope it will recover, a
lot
> > try to
> > > > > > trade out, but in the end the weight of the chart often produces
> the
> > > > > > inevitable.
> > > > > >
> > > > > > Another way to look at your calculation is to try to figure out
> the
> > > > > > probabilities within a given time frame (let's take 2 weeks, or
10
> > > > trading
> > > > > > days) of your two speculation scenarios to play out:  1) drops
to
> > 23?
> > > > > this
> > > > > > is highly likely, imho, given the ATR where it is, call it 2-1;
or
> > 2)
> > > > > rises
> > > > > > to 35 or 40?  this is a 40-1 shot, to me, in this time period,
or
> > worse.
> > > > > So
> > > > > > you calculate the value of the two and, with the stock where it
is
> > now,
> > > > > > 26.50, you have a 50% chance of losing $3.50, or -1.75, and a
2.5%
> > > > chance
> > > > > of
> > > > > > it rising to 35, or $0.87, so I wouldn't take your approach, not
> > even
> > > > with
> > > > > > your money.
> > > > > >
> > > > > > What is the better approach?  Patience, let the plunge work
> through
> > its
> > > > > > natural progression.
> > > > > >
> > > > > > This is what makes a market, though.  Regards,
> > > > > >
> > > > > > DMC
> > > > > >
> > > > > >
> > > > > >
> > > > > > ----- Original Message -----
> > > > > > From: "Fanus" <fanus13@yahoo.com>
> > > > > > To: <canslim@lists.xmission.com>
> > > > > > Sent: Monday, July 28, 2003 10:19 AM
> > > > > > Subject: Re: [CANSLIM] HITK
> > > > > >
> > > > > >
> > > > > > > I haven't look at the CANSLIM characteristics, but
> > > > > > > risk/reward look pretty good to me.
> > > > > > >
> > > > > > > If one trade it as a bounce off the 200DMA, then your
> > > > > > > stop can be just below it.  Say around 23.00.  You
> > > > > > > could have entered around 25.30 this morning, risking
> > > > > > > 2.30.  If I was trading it, I would expect it to
> > > > > > > possibly stall at resistance around 35 to 40 which
> > > > > > > would be my profit target.  A profit target of about
> > > > > > > 9.7 to 14.7.  Risking 2.3 to get 9.7 is a risk/reward
> > > > > > > ratio of 1/4.2.   Risking 1 dollar to make 4.2. Good
> > > > > > > enough for me.
> > > > > > >
> > > > > > > You mentioned that you bought HITK at 5/30/03 at
> > > > > > > 34.20. From my side,  I do not see significant support
> > > > > > > close by, or a logical place to put a stop loss other
> > > > > > > than the 50DMA which were at 30.74 on that date.  A
> > > > > > > risk of 3.46.  You sold on 6/5 at 37.47; a profit of
> > > > > > > 3.27. So you risk 3.46 to make 3.27, a risk/reward
> > > > > > > ratio of 1/0.95.  Risking 1 dollar to make 0.95.
> > > > > > >
> > > > > > > In my books, an entry now is much less risky than your
> > > > > > > entry on 5/30.
> > > > > > >
> > > > > > > Regards
> > > > > > > - Fanus
> > > > > > >
> > > > > > >
> > > > > > > --- DMC197807 <dmc197807@comcast.net> wrote:
> > > > > > > > MessageGene,
> > > > > > > >
> > > > > > > > I understood that.  However, I think it's
> > > > > > > > hard/dangerous to trade consistently (and safely)
> > > > > > > > from signals generated by newsletters and stock
> > > > > > > > pickers, or black boxes or discussion threads.  I
> > > > > > > > assume you are out of HITK at this point?
> > > > > > > >
> > > > > > > > My comments were and are limited to trying to grasp
> > > > > > > > the total risk-reward on the name as indicated by
> > > > > > > > the chart.  Still too risky for me, maybe not for
> > > > > > > > others.  When the charts come into alignment, then
> > > > > > > > money is made more easily, although not without
> > > > > > > > risk.
> > > > > > > >
> > > > > > > > I took $3+ out of HITK at the end of May by
> > > > > > > > following my discipline (bot 5/30 at 34.20, sold 6/5
> > > > > > > > at 37.47), and it was this experience which caught
> > > > > > > > my attention with your post.
> > > > > > > >
> > > > > > > > HITK may close this week higher or lower, and at
> > > > > > > > that point it may still not be a good speculation,
> > > > > > > > for my money.
> > > > > > > >
> > > > > > > > Good luck,
> > > > > > > >
> > > > > > > > DMC
> > > > > > > >
> > > > > > > >
> > > > > > > >   ----- Original Message -----
> > > > > > > >   From: Gene Ricci
> > > > > > > >   To: canslim@lists.xmission.com
> > > > > > > >   Sent: Monday, July 28, 2003 9:32 AM
> > > > > > > >   Subject: Re: [CANSLIM] HITK
> > > > > > > >
> > > > > > > >
> > > > > > > >   DMC, if you'll go back to my original email you'll
> > > > > > > > see that I was making an observation ... and passing
> > > > > > > > it on to potential holders of HITK .... based on a
> > > > > > > > buy signal from ChangeWave.
> > > > > > > >
> > > > > > > >   'If you still own HITK there may be a light in the
> > > > > > > > tunnel.'
> > > > > > > >
> > > > > > > >   In the meantime I made 75 cents/share trading it
> > > > > > > > this morning (going long)... after the opening
> > > > > > > > pullback...
> > > > > > > >
> > > > > > > >   Gene
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >   ----- Original Message -----
> > > > > > > >     From: DMC197807
> > > > > > > >     To: canslim@lists.xmission.com
> > > > > > > >     Sent: Monday, July 28, 2003 11:01 AM
> > > > > > > >     Subject: Re: [CANSLIM] HITK
> > > > > > > >
> > > > > > > >
> > > > > > > >     Gene,
> > > > > > > >
> > > > > > > >     Two thoughts come to mind.  First is a ski area
> > > > > > > > I frequent.  Just below the highest lift are some
> > > > > > > > cliffs which are out of bounds by regulation and
> > > > > > > > also by dint of pure reason:  they look like
> > > > > > > > suicide.  However, on any thick powder day there are
> > > > > > > > a number of youth with their snowboards and skis
> > > > > > > > doing the "extreme thing."  For some reason only 2
> > > > > > > > people have gotten killed there in my memory, and a
> > > > > > > > few bad accidents, but mostly these yahoos make it
> > > > > > > > through.  It doesn't mean it isn't an absurd risk to
> > > > > > > > take, but there you are.
> > > > > > > >
> > > > > > > >     Is HITK still a falling knife, or is it safe to
> > > > > > > > buy?
> > > > > > > >
> > > > > > > >     Second is: what is volume during normal trading
> > > > > > > > and what is volume during a selloff?  Clearly HITK
> > > > > > > > is in a selloff, so I like to look at something like
> > > > > > > > 10 day volume (or volume since the plunge) rather
> > > > > > > > than 60-day volume.   Here the 60-day volume is
> > > > > > > > 583,000, but the most recent 8 days have coughed up
> > > > > > > > about 10 million shares, or 1.25 million per day.  I
> > > > > > > > was looking at HITK early today and was surprised
> > > > > > > > that the first hour, amateur hour, didn't produce
> > > > > > > > more volume.  It's now 2.5 hours into the trading
> > > > > > > > day and it's still at 330,000 shares.
> > > > > > > >
> > > > > > > >     I think today is simply a pause on the way down.
> > > > > > > >  I have no money in this name now and only look at
> > > > > > > > it to determine when, on a trading basis, the reward
> > > > > > > > might outweigh the risk.  That event might not
> > > > > > > > happen for several weeks and might take place at a
> > > > > > > > higher price than today's (in fact, could easily do
> > > > > > > > so).
> > > > > > > >
> > > > > > > >     Mostly I think of this endeavor as the opposite
> > > > > > > > of even recreational skiing.  We want to find the
> > > > > > > > easiest, most risk free way of having fun (making
> > > > > > > > $$), not the adrenaline rushed version.  If this
> > > > > > > > were a ski slope, my scans would be scouting for not
> > > > > > > > black diamond slopes or blue slopes.  Unlike skiing,
> > > > > > > > here I'm on the hunt for easy green slopes and even
> > > > > > > > yellow bunny hop slopes.
> > > > > > > >
> > > > > > > >     Good luck,
> > > > > > > >
> > > > > > > >     DMC
> > > > > > > >       ----- Original Message -----
> > > > > > > >       From: Gene Ricci
> > > > > > > >       To: canslim@lists.xmission.com
> > > > > > > >       Sent: Monday, July 28, 2003 7:35 AM
> > > > > > > >       Subject: Re: [CANSLIM] HITK
> > > > > > > >
> > > > > > > >
> > > > > > > >       The power of the newsletter assumes control...
> > > > > > > > up 6% and 1/3 of the daily volume already.
> > > > > > > >
> > > > > > > >       Gene
> > > > > > > >         ----- Original Message -----
> > > > > > > >         From: DMC197807
> > > > > > > >         To: canslim@lists.xmission.com
> > > > > > > >         Sent: Saturday, July 26, 2003 10:35 PM
> > > > > > > >         Subject: Re: [CANSLIM] HITK
> > > > > > > >
> > > > > > > >
> > > > > > > >         Technically your risk/reward on this name
> > > > > > > > would be skewed toward risk at this point.  The
> > > > > > > > chart shows no stopping yet, volume is still high
> > > > > > > > and the daily patterns are bearish.  The price
> > > > > > > > dropped right through the 200 day EMA (25.85), is
> > > > > > > > below any support on the daily (there looks like
> > > > > > > > some support at $20 on the weekly).  If $20 holds,
> > > > > > > > who's interested in buying for a quick off the bat
> > > > > > > > 20% loss?
> > > > > > > >
> > > > > > > >         I don't actually see why $20 should hold for
> > > > > > > > more than a pause, anyway.  To me there's no sense
> > > > > > > > in looking for "bad news," it's all in the chart
> > > > > > > > right now.
> > > > > > > >
> > > > > > > >         JMHO,
> > > > > > > >
> > > > > > > >         DMC
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >           ----- Original Message -----
> > > > > > > >           From: Gene Ricci
> > > > > > > >           To: canslim@lists.xmission.com
> > > > > > > >           Sent: Saturday, July 26, 2003 6:30 PM
> > > > > > > >           Subject: [CANSLIM] HITK
> > > > > > > >
> > > > > > > >
> > > > > > > >           If you still own HITK there may be a light
> > > > > > > > in the tunnel. Change Wave (Tobin Smith) sent an
> > > > > > > > alert to his 300,000 (?) subscribers to buy HITK on
> > > > > > > > 7/25. Looking at the chart shows that the price
> > > > > > > > dropped down and stabilized at its 200-day moving
> > > > > > > > average at $23.14 before bouncing higher. It closed
> > > > > > > > at $24.88 on 7/25. Other than a possible shortfall
> > > > > > > > because of seasonal cough medicine sales I couldn't
> > > > > > > > find any other bad news. Anyone know of any other
> > > > > > > > issues?
> > > > > > > >
> > > > > > > >           Thanks,
> > > > > > > >           Gene
> > > > > > > >
> > > > > > > >           I was forwarded the following;
> > > > > > > >
> > > > > > > >           A price under $25 is a great entry point
> > > > > > > > for this dual
> > > > > > > >           generic/diabetes play -- forget the noise
> > > > > > > > from the momentum
> > > > > > > >           buyers-turned-sellers. They were cleaned
> > > > > > > > out with the huge volume
> > > > > > > >           sales, so now it's time to build or add to
> > > > > > > > your positions to get to
> > > > > > > >           a $25 cost basis. I still think we can
> > > > > > > > hold on for a $50 value at
> > > > > > > >           the end of 2004 on $2 per share earnings
> > > > > > > > in 2004.
> > > > > > > >
> > > > > > > >           Let's lower the buy under for HITK to $25.
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > __________________________________
> > > > > > > Do you Yahoo!?
> > > > > > > Yahoo! SiteBuilder - Free, easy-to-use web site design
software
> > > > > > > http://sitebuilder.yahoo.com
> > > > > > >
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