A bithreshold graph is the edge intersection of two threshold graphs s
uch that every independent set is independent in at least one of the t
hreshold components. Recognizing a bithreshold graph is polynomially e
quivalent to recognizing its complement, i.e., a cobithreshold graph.
In this paper we introduce a coloring of the vertices and oi the edges
of a cobithreshold graph that leads to a recognition and decompositio
n algorithm. This algorithm works in O(n(3)) time improving the previo
usly known a(n(4)) result [HM].