PLAY > New Plays	Tuesday, April 17, 2001

	New Split Plays   New Candidate Plays   New Momentum Plays
(We update our stop losses daily at the CURRENT PLAYS page.)

New Split Plays

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New Candidate Plays

THC - Tenet Healthcare Corp $46.98 +0.03 (+1.42)

Tenet Healthcare, which owns and/or operates 110 hospitals across the country, has been on the move ever since it reported excellent earnings on April 4th. The company beat Wall Street's consensus estimates of $0.58 by two pennies. Third quarter earnings were 24% above the same quarter a year ago. Although the current P/E of 39.15 is pretty healthy, the stock, nevertheless, offers growth investors one of the few opportunities for investment in this market. Consequently, these investors have driven THC to a new high of $47.75 today. A split announcement also becomes more likely as the stock plows into un-chartered territory. OBV and Money Flow are both on the rise, as momentum buying appears to be in full force. One possible concern is the RSI, which is close to a level that has previously sparked a little profit taking. A move above $47.75 tomorrow, accompanied by first hour trading volume over 250,000 shares, may provide the next buying opportunity.

Picked on April 17th @ $46.98 Profit/Loss +0.00 Stop Loss $43.88
Interactive Chart	Quote	News	First Call on THC

New Momentum Plays

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New Plays Index