Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

i have 2 small short positions in them i've been holding for a while: klic from 7.5 and brks from 12.85 and 12.25. (the second part of that *could* be in danger, but ...). another that i'm holding short is kopn: they ran it very early in this rally, from 4 to high 6's, and then it got a downgrade on valuation and never really fully recovered. (very low short interest there.) however, a stragetically placed upgrade came in that popped it to 6.5+ and i shorted a bit there, and am holding.

i also have a short position in pmcs (now that's as dangerous as brcm, though ... but also have 12.5 calls). i'd expect a warning out of that one, not just because of business but because of a note in their 10-q regarding higher operating costs because of a strong canadian dollar. (its an american company, but a big chunk is in canada.) hmm. that's it. well, i have an eye on rsas, which seems to trade in nice clean channels ... so that's my play for when the internets go down.

that's my dark side. my bright side, though, is pretty bearish. (just miners.) well, i may trade in and out. although i've used msft and nvls. (short and long)