The Play Of The Day

March 10, 2000
9:01 AM EST.

Good Morning Stock Fans!

Today's Play of The Day is: Auspex Systems, Inc. (Nasdaq NM:ASPX)

Auspex Systems, Inc. develops, manufactures, distributes and supports a line of multi-protocol Network Attached Storage (NAS) devices also referred to as network file servers that include specialized software for storing, serving and managing network data. The Company's new NAS products are designed to store, manage and deliver data to network clients with a continual focus on reliability, scalability, UNIX/Windows NT file sharing and price/performance. The Company also offers two software options that can be purchased with the NS200 NAS product. The first, DataGuard, allows users to continuously access data in the event of a disruption associated with the host operating system. The second product, NetServices 2.0, delivers seamless file sharing between UNIX and Windows NT clients in order to facilitate collaboration and reduce the total cost of ownership relative to replicating data on separate UNIX and Windows NT servers.

Stock Fans! Many rumors floating around about ASPX. Some saying it will be bought out at $30 a share, others stating that with their new management in place they will add value to the company and the stock price will rocket. Either way, ASPX has never traded 4 million + shares like it did yesterday. Options are flying off the shelf too. This is a pure speculation play but can pay off quite nicely. Choose your entry carefully and don't chase this one. Yesterday's chart showed steady buying and institutions own 61% of this one. Stock is being gathered up for something big we think.

KEY INDICATORS: APSX
Buy Area: $17-18
Sell Stop: $15.25
TARGET: $20+ today

"RUN THE OPTIONS!" APSX
For a daytrade the March 15 call: last ask 2 3/4 / for a swing trade: April 15 call: last ask 4 3/8

BONUS PLAY #1: Onvia.com, Inc (NASDAQNM: ONVI)

Onvia.com is taking care of business on the Internet. The firm is an online marketplace for business supplies and services such as Internet access and credit cards. Onvia.com offers more than 25,000 products from more than 1,000 manufacturers and business services from more than 6,500 providers such as AT&T Wireless, Earthlink, and MCI WorldCom. Customers can buy listed products or request quotes for more complex services. The site also provides news, information, and tools for small businesses. The company has more than 100,000 customers. Internet Capital Group owns 21% of the company.

Stock Fans, this is one of my favorite chart patterns for recent IPO's. This chart is why I don't like to buy IPO's the first day and hold! ONVI is in its 11th day of trading. It has a one year, revenue growth rate of 1572.6%. Timing entries on IPO's are trickier because of there relative short charting cycle. So I will look to take a 1/2 position and add either 10% above or below my entry!

KEY INDICATORS: ONVI
Buy Area:$45.75 to $ $46.50
Sell Stop:$$44.175
TARGET: $$51.15 to $53.475
Time Frame: 2 to 7 days
Type of Trade: Swing

BONUS PLAY #2: OSI Systems, Inc. (NASDAQNM: OSIS)

OSI Systems, Inc. is a vertically integrated worldwide provider of devices, subsystems and end products based on optoelectronic and silicon pressure-sensor microstructure technology. The Company designs and manufactures optoelectronic and silicon pressure-sensor devices and value-added subsystems for original equipment manufacturers for use in a broad range of applications, including security, medical diagnostics, telecommunications, gaming, office automation, aerospace, computer peripherals and industrial automation. In addition, OSI manufactures security and inspection products that it markets worldwide to end users under the Rapiscan, Secure and Metor brand names. These products are used to inspect people, baggage, cargo and other objects for weapons, explosives, drugs and other contraband. The Company has also expanded into the manufacture and sale of bone densitometers, which are used to provide bone loss measurements in the diagnosis of osteoporosis.

Stock Fans, did you see the volume on this yesterday? This puppy is under accumulation big time. This has a high RSI of 87 and a accumulation rating of "A" as of 3/9/00. I expect this to gap so entry will be a little tricky. I am going to day-swing trade this. Meaning I will close my position on Monday.

KEY INDICATORS: OSIS
Buy Area:$15.75 to $16.25
Sell Stop:$15.20
TARGET: $17.88 to $18.6875

Time Frame: 2 days
Type of Trade: Mini-Swing Trade!

STOCKS ON OUR SCREENS TODAY:

SPDE- It came on late looks good for more today.
CMGI - Numbers better then expected 155 is in range shortly after open.
UBID- Watch UBID close today off CMGI.
SVVS- If it can just break 24 things set up well for Monday as Quiet Period ends then.
GWRX-Broke 45 late in day and held it 55 is in range
IPRT- An IPO from Wed. been strong. Looks like it may see 28 today.
AOL- 66 is next area of resistance closed at day high
NTRO- Retrace back to $75.00.
ESPI- Volume massive it should move higher soon.
BNYN- May take out 26-27 today.
CAMD- Strong 40's may be days away. If it loses 27 it back to 24 for this one.
WSTL- Retrace back to 38.00 today.
IPIX- We like 50's its strong and powerful. Worked well yesterday.
PCLN- 106 is resistance now. Day 3 of run it may rest. Has to hold $92.00

Have a great day!

More to come.....

Stock Jock!
and BigPlayStocks.com Team of Pro Traders!

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