Hot or Cold? It Doesn't Matter To This Company

Unless you just got back from a mission to Mars in the last three days, you'll know last week was one of the worst weeks in years for the market. I doubt anybody was immune; I know I wasn't. The thing is, it happens.....and for most investors, it happened with little to no warning.

What do you do about it now? You can't change the past, but you can control what you do now and in the future. So.....

The good news is, in the aftermath of the big selloff, the true staying power of most of your positions was probably revealed. If they led the charge lower and are still floundering, needless to say, that's not good. If instead they were mostly-resistant to the onslaught of selling, and are already starting to perk up again, you may indeed have a winner. And yes, the same principle applies to the suggested ideas found in our Trader's Corner.

Now with the dust settling, let's take a look and see exactly how our names fared over the last few days. More importantly, let's see if we can gain some perspective on how they may fare over the next few weeks.

Sprint (NYSE: S) was right in there with the rest of the falling stocks. The thing is, we saw a similar pullback in June after shares peaked at $23.42 in May. Now having seen lower highs and lower lows, we're far less enthusiastic about Sprint than we used to be. We're raising our suggested stop to 20.54. It doesn't leave much wiggle room (which is what we want), yet still gives us upside opportunity if it's in the cards.

Cogent (NASDAQ: COGT) fell well off July's high of $15.25, before finding a bottom at $12.71. That bottom, however, was made by support at the 200 day line. We'll assume things are as they seem to be for this chart, and we'll look for COGT to reclaim what was given up recently. No changes are suggested here.

Ford (NYSE: F) is truly a roller coaster. Things looked bleak beginning July 1st, as shares fell from $9.64 to $7.90 by last Thursday. Then - and largely out of nowhere - Ford shares popped back up to as high as $8.97....and back above all the key moving averages. This icon's stock remains one of our favorites, and we'll give it the benefit of the doubt for now.

Deltic Timber (NYSE: DEL) got off to such a good start, then gave it all away when the market started to crumble. Like Cogent though, the 200 day line at $52.05 was the end of the downtrend and may wind up being the foundation for the next upward thrust. We like the materials sector as much as we like Deltic, so we'll remain patient here. No changes needed (not that we have room for them yet on this break-even trade).

Intervoice (NASDAQ: INTV) was off to the races right out of the gate...and then got whacked with everything else last week. However, we like the recovery effort so far. Based on the strength of the prior uptrend, we look for it to resume shortly. The 20 day line at 8.38 is the upper-most hurdle right now. If it falls, we could see INTV take flight again.

Interface Inc. (NASDAQ: IFSIA) did something really impressive last week - it didn't get blasted on Thursday and Friday. In fact, it was actually up on Thursday, and held its ground on Friday (even though the market was getting trounced then). Based on this relative strength alone, we have to like IFSIA. We'd like it even more if it could get back above its 20 day line at $19.30, which has turned into a short-term ceiling this week.

On a side note, technically, strict followers of our suggestions would have been stopped on the Innovo Group (NASDAQ: INNO) idea we mentioned on June 19th. Hopefully though, you weren't taking things too literally. After trading under our suggested stop of $1.40 in late June, it has since rolled all the way up to a high of $2.45. It pulled back last week like everything else, but the last couple of days have been very bullish again - possibly hinting at a recovery move. Though the risk/reward profile changed since our first look, this may be one you want to keep on your radar.

As for any new ideas, we again have two.

Radiant Systems (NASDAQ: RADS) is a specialty software company. They cater to retailers and hotels, offering everything from gift-card management to interconnecting every unit within a chain. Business seems to be good, and getting better all the time. The current P/E of 23.4 is better than the software industry's average, but the forward-looking P/E of 18.2 is really tasty. On a quarter-over-quarter basis, revenues are growing by 17.1% while earnings grew by 198% the last time they reported.

If the chart is any indication, now may be a great time to jump in. Radiant shares had a fantastic first half of 2007, only taking a small break in May. Once support was found at the 100 day line though, the stock perked up and seems itching to move higher again. And once it gets going, it can really move - RADS doubled in value during 2005, after making a chart that doesn't look too different than the current one, where the 100 day average is starting to diverge from the 200 day line.

How far do we think it could move? We'd try $19.30 for starters. If this move is anything like 2005's move, getting to that level should be a piece of cake. On the flipside, we'd suggest some protection with a stop around $13.11.

Our other idea for today is Lennox International (NYSE: LII). Yes, this is the same Lennox that makes furnaces and air conditioners. The biz may not be glamorous, but the numbers certainly seem exciting. The twelve-month trailing P/E of 18.7 is actually a little higher than average, but the forward-looking one of 12.9 is more compelling. Revenues, margins, ROE, and growth of all three seem, well, mediocre at best. So, what are the exciting numbers we were talking about?

Try on these numbers for size......69.8%, and 57.6%. The first one is how much the stock gained between May of 2005 and May of 2006, and the second one is how much the stock gained July of 2006 and July of this year. The company never once had mind-bogglingly impressive fundamentals during that time. Yet, somebody is clearly making some money on this stock.

The recent burst to above $38.00 has inspired a little follow-through as well - perhaps because it was a new 52-week high. We think it may just be the beginning of something more. A move to $51.68 seems plausible, if not even higher. However, we'd also use a stop somewhere around $34.60.