Friday, December 03, 2004

Has the hands free cellphone law been repealed? You would think so just driving around. Two years ago headphones were all the rage. Now that people have broken, lost, or misplaced them, they feel its their right to drive with one hand and talk on the phone with the other. The replacement cycle apparently never materialized. Plantronics (PLT-NYSE) is the leader here. The market has not fully discounted this trend yet. Short PLT here at $43 and add to your positions with any rally to $45-$46 with a stop over $48.