PLAY > New Plays	Thursday, May 10, 2001

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

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STU - The Student Loan Corporation $68.20 +0.82 (-0.75)

Student Loan Corporation provides federally insured student loans under the Federal Family Education Loan Program and through a trust agreement with Citigroup Inc. Shares of STU broke out in February after two years of consolidation in the $40-$55 range. The stock hit an all-time high of $79.60 in front of the earnings announcement on April 19th. STU sold off following the earning report, hitting a relative low of $64.90 on Tuesday. The stock is just beginning to recover, and we believe that it could continue to move higher as the interest rate environment becomes more favorable. We are also looking for a possible split announcement out of the Annual Meeting on May 16th, or with the July earnings release. STU already has enough shares for a split, with 50 million shares authorized and 20 million shares issued. Going forward, support is Thursday's intra-day low of $67.15 with additional support at $66.60, Tuesday's intra-day high. Resistance is Monday's intra-day high of $68.98 and then the 10-dma at $69.65. The company is paying a dividend of $0.70 that will be reflected on Friday. However, the PPI number on Friday morning could override the effects of the dividend payment. Look for entry points on a bounce off of $67.15 or a move above $68.98 on volume greater than 15,000 shares by noon. A note of caution: daily volume is extremely light on STU, so this play carries a bit more risk due to the lack of liquidity. We plan to use tight stops at $65 as downside protection.

Picked on May 10th @ $68.20 Change since picked +0.00 Stop Loss @ $65.00
Interactive Chart	Quote	News	First Call on STU

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