From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #102 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk canslim-digest Friday, January 30 1998 Volume 02 : Number 102 In this issue: [CANSLIM] Aviation Fuel Prices Re: [CANSLIM] DG Online Re: [CANSLIM] Cup and Handle Re: [CANSLIM] DSTM Re: [CANSLIM] MODT [CANSLIM] Re:UVSGA Sequential Growth Re: [CANSLIM] Re:UVSGA Sequential Growth Re: [CANSLIM] NYSE after hours trading Re: [CANSLIM] NYSE after hours trading [CANSLIM] Canslim-digest READABILITY Re: [CANSLIM] DSTM [CANSLIM] World Markets [CANSLIM] Resources [CANSLIM] TWLB [CANSLIM] Resources [CANSLIM] (Fwd) Re: VIRUS WARNING [CANSLIM] GTC orders Re: [CANSLIM] DSTM Re: [CANSLIM] Stop OTC Orders Re: [CANSLIM] Resources Re: [CANSLIM] Stop OTC Orders [CANSLIM] three ways [CANSLIM] Order cancel order Re: [CANSLIM] (Fwd) Re: VIRUS WARNING Re: [CANSLIM] Content of group/frequency of postings. ---------------------------------------------------------------------- Date: Thu, 29 Jan 1998 18:23:28 -0500 From: Bill Subject: [CANSLIM] Aviation Fuel Prices Need a web address for Aviation Fuel prices is such a source exists. Thanks, Bill-->> - - ------------------------------ Date: Thu, 29 Jan 1998 20:36:19 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] DG Online You gotta load the software at www.dailygraphs.com, and follow the instructions for installing (I load straight to my drive, so it's easy and nearly automatic). You also have to register and give them the billing info, altho they're not billing until they go commercial and will disable all passwords at that time and only reinstate when the user tells them to bill. After that you just click on the icon, enter your password, and you're off to DG Online. What its true address is I actually couldn't tell you, the software takes you there automatically. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Jerry & Tonia Joldersma To: canslim@xmission.com Date: Thursday, January 29, 1998 12:11 PM Subject: [CANSLIM] DG Online >Would one of you please publish once again the web address for DG Online? >Many thanks. Jerry > > >- > - - ------------------------------ Date: Thu, 29 Jan 1998 20:39:17 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Cup and Handle Tim, I would disagree. Such a sharp difference in revenue growth and earnings growth suggests internal cost containment. Their joint venture work still counts in their revenue stream, and would actually suggest that their core business isn't growing at all, or even shrinking. I would consider the decelleration in revenue growth as quite significant, and would want to understand it a lot better before I would be comfortable with it. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Tim Fisher To: canslim@lists.xmission.com Date: Thursday, January 29, 1998 12:52 PM Subject: Re: [CANSLIM] Cup and Handle >At 01:25 AM 1/29/98 -0800, you wrote: >>Do you want to see a stock forming a pretty good Cup and Handle >>formation? Checkout UVSGA >> >>United Video Satellite (UVSGA) >>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >> >>EPS = 97 >>RS = 93 >>A/D = A >>Funds = 29% >>1997 est = +48% >>1998 est = +29% >> >>Earnings for the last four qts = +18%, +25%, +43%, +60% >>Sales for the last four qts = +65%, +67%, +11%, +7% (This is a Negative) >> >Not necessarily. Increasing profit margins for me are a positive! It's not >growing through its sales, anyway. Joint ventures with TurnerVision and the >like; investments by the likes of TCI Cablevision are the reason their chart >is so strongly LLUR. It's one of the 4 or 5 best looking sets of numbers >out there right now (CASLI); I am waiting for the N to kick it into high >gear. IMHO it's not a C&H because the cup is not deep enough (only 301-ish >to 27-ish). I classified it as a not-perfect but still strong LLUR before I >bot; it passes some pretty rigorous LLUR scans. > >Tim Fisher >tfish@spiritone.com >1995 President - Pacific Fishery Biologists >Keeper of the ORE-ROCK-ON Rockhounding in Oregon Home Page >http://www.spiritone.com/~tfish > > >- > - - ------------------------------ Date: Thu, 29 Jan 1998 20:47:26 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] DSTM Maybe I need my vision checked, but I don't see a c&h here. I do see a short base forming around 37 as it consolidates a move from 30, but if you are seeing this base as the "handle" it's too high. Volume is drying up, which often happens in a base as well as a handle. Lately we seem to be fixating on finding cup and handle formations. Members, there are a lot of successful chart formations to look for and a c&h is only one of them, and likely the rarest. Granted, I have found it to be well worth finding, but trying to force a chart to show you one can lead to mistakes. Disclaimer: I am using DG Online for charting, obviously it could look a lot different on some other charting system. Technically, it looks good except for the up/down of 0.8. Fundamentally it also looks good with generally consistent earnings and revenue growth. However, it must have done 40 cents in Q4 just to meet full year estimates, and that looks like quite a stretch. Earnings indicated as due on 2/4. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Robert Venchiarutti To: canslim@mail.xmission.com Date: Thursday, January 29, 1998 12:52 PM Subject: [CANSLIM] DSTM I just stumbled accross this stock. Looks like it forming a C & H to me. EPS 98, RS 95, GRS 75 (Computer Software). Any thoughts? - - ------------------------------ Date: Thu, 29 Jan 1998 21:00:34 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] MODT Guess you might be able to make a case for a c&h here, altho deeper than normally acceptable (gave up $10 of its most recent $15 move to the bottom of the cup). Handle formed around $23, but only about 3 weeks long. Too extended now at nearly 27 to be a buy, altho might be a decent point to be pyramiding up. RS 96, EPS 99, GRS 93, u/d 0.8, A/D A, Timeliness B, funds reported 1%, management reported at 61%, needs 20 cents in Q4 to match full year estimates which looks to be easily achievable, earnings due 3/6 per DGO. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Antista, Anthony To: 'CANSLIM' Date: Thursday, January 29, 1998 4:57 PM Subject: [CANSLIM] MODT >Looks like cup forming, ended at 26 7/8 today but got up to 28 intraday. 52 >week high is 29 3/4. >Anyone know the EPS/RS?? How close to CANSLIM is this one?? > >Tony > > > > - - ------------------------------ Date: Thu, 29 Jan 1998 18:09:15 -0700 From: Tim Fisher Subject: [CANSLIM] Re:UVSGA Sequential Growth At 08:39 PM 1/29/98 -0500, you wrote: >Tim, I would disagree. Such a sharp difference in revenue growth and >earnings growth suggests internal cost containment. Their joint venture work >still counts in their revenue stream, and would actually suggest that their >core business isn't growing at all, or even shrinking. I would consider the >decelleration in revenue growth as quite significant, and would want to >understand it a lot better before I would be comfortable with it. > But it sounds like we do agree partially, i.e. increasing profit margins=internal cost containment. Two ways of saying the same thing? I see decelerating sales, not revenue growth. Below is the data I based my opinion on; it shows sequential Net Income growth without concomitant Sales growth. I wasn't inclined to copy it into here but maybe I should have. Q98-2 and Q98-3 are a little troubling in terms of forecast EPS growth, but Q98-4 looks great. Notice income going up while Sales (which I assume is not Gross Income; if it was then they have cut their operation to the bare bones!) decelerate. We need better numbers to interpret this. EPS------------------------------------------------------------------------ - ------ 5-yr EPS Q 0/-4 Q -1/-5 Q -2/-6 Q +1/-3 Q +2/-2 Q +3/-1 Q +4/0 55.88 33.33 42.86 25.00 33.33 25.00 10.00 55.88 Net Income---------------------- Sales--------------------------- Q 0/-4 Q-1/-5 Q-2/-6 Q 0/-4 Q -1/-5 Q -2/-6 58.50 44.13 29.98 6.97 11.08 67.31 >-----Original Message----- >From: Tim Fisher >To: canslim@lists.xmission.com >Date: Thursday, January 29, 1998 12:52 PM >Subject: Re: [CANSLIM] Cup and Handle > > >>At 01:25 AM 1/29/98 -0800, you wrote: >>>Do you want to see a stock forming a pretty good Cup and Handle >>>formation? Checkout UVSGA >>> >>>United Video Satellite (UVSGA) >>>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >>> >>>EPS = 97 >>>RS = 93 >>>A/D = A >>>Funds = 29% >>>1997 est = +48% >>>1998 est = +29% >>> >>>Earnings for the last four qts = +18%, +25%, +43%, +60% >>>Sales for the last four qts = +65%, +67%, +11%, +7% (This is a Negative) >>> >>Not necessarily. Increasing profit margins for me are a positive! It's not >>growing through its sales, anyway. Joint ventures with TurnerVision and the >>like; investments by the likes of TCI Cablevision are the reason their >chart >>is so strongly LLUR. It's one of the 4 or 5 best looking sets of numbers >>out there right now (CASLI); I am waiting for the N to kick it into high >>gear. IMHO it's not a C&H because the cup is not deep enough (only 301-ish >>to 27-ish). I classified it as a not-perfect but still strong LLUR before I >>bot; it passes some pretty rigorous LLUR scans. >> Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information tfish@spiritone.com WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! - - ------------------------------ Date: Thu, 29 Jan 1998 21:25:41 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Re:UVSGA Sequential Growth Tim, had a hard time reading your pasted data, but in simple form this is what I was noting at DGO in terms of total sales (which should be the same as total revenues including any proportional benefit from any joint venture revenues): past eight qtrs "Total Sales" are: 79.0 73.4 115.3 117.7 130.7 +65% 122.8 +67% 128.1 +11% 125.9 +7% Notice that Q4 must compare to the 130.7 result, which was greater than any of the last three qtrs, thus could even show a net decline in year to year comparisons. Looking at the past four qtrs, I would consider this company to be in a near zero growth stage, yet earnings are soaring, thus my comment on cost containment. When revenues steadily increase, I expect greater cost efficiency, thus certain expenses such as SGA, become a lesser percentage of total sales, resulting in earnings growth increasing at a faster pace. But here, I don't see sales growth, yet profits are growing rapidly. Just hits my cynical, suspicious button, and would make me cautious enough to want to understand more before investing. It's a red flag for me, doesn't mean you can't make money on it. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Tim Fisher To: canslim@lists.xmission.com Date: Thursday, January 29, 1998 9:09 PM Subject: [CANSLIM] Re:UVSGA Sequential Growth >At 08:39 PM 1/29/98 -0500, you wrote: >>Tim, I would disagree. Such a sharp difference in revenue growth and >>earnings growth suggests internal cost containment. Their joint venture work >>still counts in their revenue stream, and would actually suggest that their >>core business isn't growing at all, or even shrinking. I would consider the >>decelleration in revenue growth as quite significant, and would want to >>understand it a lot better before I would be comfortable with it. >> >But it sounds like we do agree partially, i.e. increasing profit >margins=internal cost containment. Two ways of saying the same thing? I see >decelerating sales, not revenue growth. Below is the data I based my >opinion on; it shows sequential Net Income growth without concomitant Sales >growth. I wasn't inclined to copy it into here but maybe I should have. >Q98-2 and Q98-3 are a little troubling in terms of forecast EPS growth, but >Q98-4 looks great. Notice income going up while Sales (which I assume is not >Gross Income; if it was then they have cut their operation to the bare >bones!) decelerate. We need better numbers to interpret this. > > EPS------------------------------------------------------------------------ >------ >5-yr EPS Q 0/-4 Q -1/-5 Q -2/-6 Q +1/-3 Q +2/-2 Q +3/-1 Q +4/0 >55.88 33.33 42.86 25.00 33.33 25.00 10.00 55.88 > >Net Income---------------------- Sales--------------------------- >Q 0/-4 Q-1/-5 Q-2/-6 Q 0/-4 Q -1/-5 Q -2/-6 >58.50 44.13 29.98 6.97 11.08 67.31 >>-----Original Message----- >>From: Tim Fisher >>To: canslim@lists.xmission.com >>Date: Thursday, January 29, 1998 12:52 PM >>Subject: Re: [CANSLIM] Cup and Handle >> >> >>>At 01:25 AM 1/29/98 -0800, you wrote: >>>>Do you want to see a stock forming a pretty good Cup and Handle >>>>formation? Checkout UVSGA >>>> >>>>United Video Satellite (UVSGA) >>>>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >>>> >>>>EPS = 97 >>>>RS = 93 >>>>A/D = A >>>>Funds = 29% >>>>1997 est = +48% >>>>1998 est = +29% >>>> >>>>Earnings for the last four qts = +18%, +25%, +43%, +60% >>>>Sales for the last four qts = +65%, +67%, +11%, +7% (This is a Negative) >>>> >>>Not necessarily. Increasing profit margins for me are a positive! It's not >>>growing through its sales, anyway. Joint ventures with TurnerVision and the >>>like; investments by the likes of TCI Cablevision are the reason their >>chart >>>is so strongly LLUR. It's one of the 4 or 5 best looking sets of numbers >>>out there right now (CASLI); I am waiting for the N to kick it into high >>>gear. IMHO it's not a C&H because the cup is not deep enough (only 301-ish >>>to 27-ish). I classified it as a not-perfect but still strong LLUR before I >>>bot; it passes some pretty rigorous LLUR scans. >>> >Tim Fisher, 1995 President, Pacific Fishery Biologists >Ore-ROCK-On Rockhounding Web Site >PFB Information >tfish@spiritone.com >WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! > > >- > - - ------------------------------ Date: Thu, 29 Jan 1998 23:30:21 -0500 From: Chris Subject: Re: [CANSLIM] NYSE after hours trading You might try www.PTdiscount.com. They are an after hours discount brokerage, but I can't remember what they let you see for free. Chris Hyde SACADS wrote: > > Does anyone know how I can check volume and transactions on NYSE for after > hours sales. Have a stock EA (not CANSLIM). All Quote services are showing > at a close of 6 1/4, except DATEK. DATEK shows at 6 1/8 by 6 1/4 but last > trade at 7. I know that at 4:00 p.m. even DATEK showed last trade at 6 1/4. > Only thing I can figure is that an institution jumped on in in after hours > trading but can't seem to verify this. Since I've got a limit order in to > sell I'd like to know what's up. > > Any help? > > Greg > > - - - ------------------------------ Date: Thu, 29 Jan 1998 23:30:21 -0500 From: Chris Subject: Re: [CANSLIM] NYSE after hours trading You might try www.PTdiscount.com. They are an after hours discount brokerage, but I can't remember what they let you see for free. Chris Hyde SACADS wrote: > > Does anyone know how I can check volume and transactions on NYSE for after > hours sales. Have a stock EA (not CANSLIM). All Quote services are showing > at a close of 6 1/4, except DATEK. DATEK shows at 6 1/8 by 6 1/4 but last > trade at 7. I know that at 4:00 p.m. even DATEK showed last trade at 6 1/4. > Only thing I can figure is that an institution jumped on in in after hours > trading but can't seem to verify this. Since I've got a limit order in to > sell I'd like to know what's up. > > Any help? > > Greg > > - - - ------------------------------ Date: Fri, 30 Jan 1998 00:52:28 EST From: DowBeater@aol.com Subject: [CANSLIM] Canslim-digest READABILITY Major Domo, Seems I can open the files in .txt, but not those in .DAT format. I enjoy the posts very much. Thanks. - --- Dow Beater - - ------------------------------ Date: Thu, 29 Jan 1998 22:21:45 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] DSTM > From: "Tom Worley" > To: > Maybe I need my vision checked, but I don't see a c&h here. I do see a short > base forming around 37 as it consolidates a move from 30, but if you are > seeing this base as the "handle" it's too high. Volume is drying up, which > often happens in a base as well as a handle. I think this looks pretty much like a C&H, which after all is a fuzzy sort of thing, I mean when we talk about C&H we are talking about a stock that has run up, corrected by an amount in the range of 15-30% over the course of a few months, recovered back to the old highs, then goes sideways as it hits overhead supply at the old highs before the correction started (left side of the cup). DSTM ran up from April to Sept, corrected from Sept to December, rallied back to old highs in Jan., and is now forming a handle. Why does the handle seem too high to you? It is forming right at the old highs made in September. - - ------------------------------ Date: Fri, 30 Jan 1998 07:16:10 -0500 From: "Tom Worley" Subject: [CANSLIM] World Markets So far, despite some big positive moves in Asia, Europe is pretty flat as are the futures. Looks like the late selloff on Thursday will continue for Friday. In Asia, Japan dropped 2.3% which had not been expected, a slight rise was anticipated. But otherwise, virtually every other Asian exchange was up including S.Korea up 7.6%, Thailand up 10.7%, Hong Kong up 3.1%, Indonesia up 2.0%, and Philippines up 8.4%. Q4 GDP is due out this AM, but despite a 0.1 upward revision to estimates, I don't expect it to have a sig affect on the market. It is, after all, history, and the slowing of growth due to the Asian flu was not significantly factored in for the qtr, the Q1 reports will show more of the effect. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - - ------------------------------ Date: Fri, 30 Jan 1998 08:21:18 -0500 From: "Tom Worley" Subject: [CANSLIM] Resources Up early this AM and had some time on my hands, so did some exploring. Ever wondered about those wirehouse upgrades and downgrades on your favorite stocks. Well, found a source that may help at the Yahoo site. First, found the only compilation of wirehouse rating systems I have ever seen at http://biz.yahoo.com/c/updown_faq.html#ratings. Worth noting that most of the houses DO have a "sell" rating, they just never use it as it could offend the cos with whom they have an investment banking relationship. Then, was checking on MDC, which naturally got a downgrade just as I was finally profitable, and found a list of upgrades and downgrades at http://biz.yahoo.com/c/98/01/29/u.html#n?MDC. From the format I suspect you could look each day by just changing the 98/01/29 part to the correct date and deleting some of the rest. With all my experience in the industry, this is the first time I have seen someone put the wirehouses rating system out in the public viewing. Nice. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - - ------------------------------ Date: Fri, 30 Jan 1998 21:18:19 GMT+7 From: Peter Christiansen Subject: [CANSLIM] TWLB Twinlab (TWLB) looks interesting to me. It recently broke out of a cup & handle, but is still within 5% of the pivot point. EPS 91 RS about 90 GRS 52, but plenty of other leaders in the group. Timeliness A Peter Christiansen Chiang Mai, Thailand Connected with OS/2 Warp 3.0 & The Post Road Mailer _____________________________________________________________________________________ All I want is a warm bed, a kind word and unlimited power - - ------------------------------ Date: Fri, 30 Jan 1998 10:10:57 -0500 From: "James Adams" Subject: [CANSLIM] Resources Just found this site this morning. It is an earnings calendar with Zack's estimates included and pre-announcements if any. Hope you find it useful. James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ Date: Fri, 30 Jan 1998 10:28:16 -0500 From: Tapas Banerjee Subject: [CANSLIM] (Fwd) Re: VIRUS WARNING ______________________________ Forward Header ________________________________ > DATE: 01-29-98 12:19 PM > > > VIRUS WARNING > > > > > > VIRUS WARNING !!!!!! > > > > If you receive an email titled "JOIN THE CREW" DO NOT open it. > > It will erase everything on your hard drive. Forward this letter ou= t > > to as many people as you can. This is a new, very malicious virus a= nd > > not many people know about it. This information was announced > > yesterday morning from IBM; please share it with everyone that migh= t > > access > > the internet. Once again, pass this along to EVERYONE in your > > address book so that this may be stopped. Also, do not open or even= > > look at any mail that says "RETURNED OR UNABLE TO DELIVERY" This vi= rus > > will attach itself to your computer components and render them > > useless. Immediately delete any mail items that say this. AOL has s= aid > > that this is a very dangerous virus and that there is NO remedy for= it > > at this time. Please practice cautionary measures and forward this = to > > all your on-line friends ASAP. > > > - ---------------------------- Forwarded with Changes -------------------= - -------- From: Warren Wang at CSFB-NY-FAO1 Priority: Urgent Date: 1/30/98 10:14AM To: Michelle Kildunne To: Larry Liu at CSFB-NY-FAO22 To: Alexander (LMSNY1.APastro1) Pastron at LMSGATE To: Paul (LMSNY1.PFost) Fost at LMSGATE To: Tapas Banerjee To: Tim (LMSNY1.TCantrel) Cantrell at LMSGATE To: Amy Cohen at CSFB-NY-FAO22 To: Kenneth Lei To: David (LMSNY1.DPing1) Ping at LMSGATE To: Justin (LMSNY1.JChen3) Chen at LMSGATE To: Ben (LMSNY1.BOhtsu1) Ohtsu at LMSGATE Subject: (Fwd) Re: VIRUS WARNING - ---------------------------- Forwarded with Changes -------------------= - -------- From: chl@ctronsoft.com at INTERNET Date: 1/30/98 9:51AM -0500 To: Warren Wang at CSFB-NY-FAO1 Subject: (Fwd) Re: VIRUS WARNING - -----------------------------------------------------------------------= - -------- = - - ------------------------------ Date: Thu, 29 Jan 1998 22:04:27 -0800 From: "John R. Allen" Subject: [CANSLIM] GTC orders Group I have account at Etrade and their GTC order cancels after 60 days. Are there other ebrokers that have true GTC order that don't cancel after a certain number of days? . I understood that there are others who do the same as etrade. THX John R. Allen - - ------------------------------ Date: Fri, 30 Jan 1998 08:09:26 -0800 From: "Robert Venchiarutti" Subject: Re: [CANSLIM] DSTM > >Technically, it looks good except for the up/down of 0.8. Fundamentally it >also looks good with generally consistent earnings and revenue growth. >However, it must have done 40 cents in Q4 just to meet full year estimates, >and that looks like quite a stretch. Earnings indicated as due on 2/4. > DSTM has exceeded analysts estimates for earnings 6 out of the last seven quarters, so I think they could have a good shot at meetng analysts estimates of .38 in Q4. I looked at there SEC filings and they don't seem to have any Asian exposure. (BTW, any advice on how to determine if a company sells a lot of goods to, or produces a lot of their product in Asia?). >Maybe I need my vision checked, but I don't see a c&h here. I do see a short >base forming around 37 as it consolidates a move from 30, but if you are >seeing this base as the "handle" it's too high. Volume is drying up, which >often happens in a base as well as a handle. > >Disclaimer: I am using DG Online for charting, obviously it could look a lot >different on some other charting system. I always find it hard to read the charts on DG Online. If you pull up a year long chart, there's a huge run up from 15 to 38, from July to Sept. It then corrects from October to December, with two shakeouts down to around 21 and 25, but mostly settling in the 30 range. There are two bottom in the cup, with the second bottom generally lower than the first bottom ( with the exception of the shakeout days down to 21 during the first bottom). Then a run up during the last month back to old highs, and it seems to be basing in the 36-38 range now for the past two weeks. Of course, I am relatively new at this, so as always, I appreciate any comments. >-----Original Message----- >From: Robert Venchiarutti >To: canslim@mail.xmission.com >Date: Thursday, January 29, 1998 12:52 PM >Subject: [CANSLIM] DSTM > > >I just stumbled accross this stock. Looks like it forming a C & H to me. >EPS 98, RS 95, GRS 75 (Computer Software). Any thoughts? > > > >- > > - - ------------------------------ Date: Thu, 29 Jan 1998 16:07:59 -0800 (PST) From: Tim Fisher Subject: Re: [CANSLIM] Stop OTC Orders At 12:59 PM 1/29/98 -0500, you wrote: >Are there any brokerages that accept stop OTC orders. I tried this with >Farsight last night but I luckily got a call from them this morning asking >me if I wanted to cancel my sell. > > Schwab and Bidwell do. Tim Fisher tfish@spiritone.com 1995 President - Pacific Fishery Biologists Keeper of the ORE-ROCK-ON Rockhounding in Oregon Home Page http://www.spiritone.com/~tfish - - ------------------------------ Date: Fri, 30 Jan 1998 11:19:13 -0500 From: David Smith Subject: Re: [CANSLIM] Resources Where's the link to the site??? At 10:10 AM 1/30/98 -0500, you wrote: >Just found this site this morning. It is an earnings calendar with Zack's >estimates included and pre-announcements if any. >Hope you find it useful. > >James Adams......................Maysville, KY USA >http://www.cris.com/~jimadams/ >Internet Pager 1343361@pager.mirabilis.com > > >- > - - ------------------------------ Date: Thu, 29 Jan 1998 21:45:57 -0500 From: bamend Subject: Re: [CANSLIM] Stop OTC Orders I put the order in last night for what I thought was a stop on two otc stocks. Since there was no stop box, I put a sell order in at the price I wanted to sell. Well..... I kept thinking about it after I got off the computer and made a note to cancel the orders in the morning. I was laying in bed this morning when Farsight called and asked me what my intentions were with the order. When I told him what I wanted to do, he told me that stop otc orders weren't allowed. - -----Original Message----- From: sboone To: canslim@lists.xmission.com Date: Thursday, January 29, 1998 2:42 PM Subject: Re: [CANSLIM] Stop OTC Orders >Bob, could you explain a little more, I'm currently with farsight, and for >information only, I would like to know what happened. Why they wouldn't >except it. >-----Original Message----- >From: bamend >To: Canslim xmission >Date: Thursday, January 29, 1998 1:11 PM >Subject: [CANSLIM] Stop OTC Orders > > >>Are there any brokerages that accept stop OTC orders. I tried this with >>Farsight last night but I luckily got a call from them this morning asking >>me if I wanted to cancel my sell. >> >> >>Bob Amend >> >> >> >>- >> > > >- - - ------------------------------ Date: Thu, 29 Jan 1998 23:08:21 -0500 From: Tuong K Nguyen Subject: [CANSLIM] three ways Can someone please explain to me in simpler form "Three Ways Attempted Rally Can Fail" in HTMMIS. My e-mail address is tuong1@gte.net ( subscribe canslim) Plus, anyone know when ANLT (Analytical Survey) will post its next quarter report and where can I get such information for future references for different companies and different quarters? - - ------------------------------ Date: Fri, 30 Jan 1998 00:00:43 -0500 From: Chris Subject: [CANSLIM] Order cancel order I was wondering if any of you good folks knew of a discount broker that allow "Order cancel Order". Say you own a stock at x. When you bought it, you set your sell price objective of x + y. You also, being a good canslimer want to set a stop loss at x - z. If you enter both these orders in at once, on a high volitility day, you could have the stock open , go low, excercising your low stop loss, then gain ground, and excersise your high sell stop, effectively shorting you (which is not what you intended). (This happens if you are trying to capture moves of 5 or 6 points on many tech stocks - beleave me - I know!). Order cancel order tells the brokerage that the two orders are related, and if one exicutes, the other should be canceled. You can do it with full service brokers, but I havn't yet found a way to do it with a discount broker. Anybody know? All the best, Chris Hyde - - ------------------------------ Date: Fri, 30 Jan 1998 08:49:50 -0800 (PST) From: Tim Fisher Subject: Re: [CANSLIM] (Fwd) Re: VIRUS WARNING Please, please, please, do not send these hoaxes to any list you belong to! They are not only off-topic, but are completely false! At 10:28 AM 1/30/98 -0500, you wrote: > > > ______________________________ Forward Header > ________________________________ >> DATE: 01-29-98 12:19 PM >> >> >> VIRUS WARNING >> > >> > >> > VIRUS WARNING !!!!!! >> > (deleted to save bandwidth) Tim Fisher tfish@spiritone.com 1995 President - Pacific Fishery Biologists Keeper of the ORE-ROCK-ON Rockhounding in Oregon Home Page http://www.spiritone.com/~tfish - - ------------------------------ Date: Fri, 30 Jan 1998 12:23:13 -0500 From: Connie Mack Rea Subject: Re: [CANSLIM] Content of group/frequency of postings. - --------------67616AE330A0B3B276D1D14D Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Craig-- Thanks for the mention in your post. Connie Mack Craig Griffin wrote: > Hi Dave, > > I have read the reduced posting frequency as a kind of maturity in the > > group. It is as though we now know what the game plan is and are > helping > each other execute it, so it is less and less necessary to talk about > the > plan. For example: we read the market as having a follow through day > and > we then had a few posts regarding what stocks were breaking out and > what > groups looked promising. This in no way covered all of the good > breakouts > or ripe looking chart patterns, of course, but there is no way we can > do > that for each other. People desiring that should purchase a service > such as > Brookins Buys. > > I personally like the reduced posting frequency ... there seems to be > less > to read and a higher quality of posts. This does not necessarily help > the > new members of our group get up to speed, and I would encourage them > to ask > questions (most here are glad to help as time permits, as anyone who > has > been a member for a while knows). Additionally, they can use the > extra time > to (re)read O'Neil's book and peruse the archives which have lots of > good > posts for learning from (and, admittedly, lots and lots of less good > stuff > to wade through as well). > > There will always be those who "graduate" from the group for whatever > reason. > > We also do get away from Canslim quite a bit these days, but, I for > one > enjoy the varying ideas, from Connie's "TA workshops" to Tom's > microcaps and > "state of the economy" reports. I guess since we are a self-policing > group, > those who wish to, should continue to complain about that type of post > when > the frequency gets too high. I always appreciate any prod to refocus > on > "pure" Canslim. And I do pay the MOST attention to what I think of as > the > "more or less strictly Canslim" purists in our group like yourself, > Peter > Christians, Peter Newell, sam, Brian Nash, Mike Lucero, James Adams, > Patrick > Wahl, Frank Wolynski, and many others who do not come to mind at the > moment. > > However, I must admit, that there are lots and lots of posts, that I > skip > altogether or give up on after a sentence or two. And strangely > enough, > this one fits that category, sorry, ;^). I am rambling. A true sin > when > bandwidth (reading time) is narrow. The less "noise" the better. > > Best regards, > Craig > > At 08:22 AM 1/27/98 -0600, you wrote: > >Group, > > > >We seem to be in a down cycle again. I am getting less messages > >than I customarily do. I wonder if people are getting bored, or > >not finding time, or just moving on. I've been part of this > >discussion group since day 3, and I really think its one of the > >best. However, we have had some down times. We've also had some > >times where flaming went on, but they are few and far between. > >I did contact a couple former members of the group who were active > >at one point. One claimed he no longer had the time; another > thought > >we were getting too far away from CANSLIM and that the group wasn't > >providing enough value for him (too bad, he(she?) provided value > >for me!) > > > >Anyway, this would be a good time for some lurkers to post with > >questions, insights, etc. given the lull in traffic. > > > >Dave Cameron > >dfcameron@ameritech.net > > > >- > > > > > > - - --------------67616AE330A0B3B276D1D14D Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Craig--

Thanks for the mention in your post.

Connie Mack
 
 

Craig Griffin wrote:

Hi Dave,

I have read the reduced posting frequency as a kind of maturity in the
group.  It is as though we now know what the game plan is and are helping
each other execute it, so it is less and less necessary to talk about the
plan.  For example:  we read the market as having a follow through day and
we then had a few posts regarding what stocks were breaking out and what
groups looked promising.  This in no way covered all of the good breakouts
or ripe looking chart patterns, of course, but there is no way we can do
that for each other.  People desiring that should purchase a service such as
Brookins Buys.

I personally like the reduced posting frequency ... there seems to be less
to read and a higher quality of posts.  This does not necessarily help the
new members of our group get up to speed, and I would encourage them to ask
questions (most here are glad to help as time permits, as anyone who has
been a member for a while knows).  Additionally, they can use the extra time
to (re)read O'Neil's book and peruse the archives which have lots of good
posts for learning from (and, admittedly, lots and lots of less good stuff
to wade through as well).

There will always be those who "graduate" from the group for whatever reason.

We also do get away from Canslim quite a bit these days, but, I for one
enjoy the varying ideas, from Connie's "TA workshops" to Tom's microcaps and
"state of the economy" reports. I guess since we are a self-policing group,
those who wish to, should continue to complain about that type of post when
the frequency gets too high.  I always appreciate any prod to refocus on
"pure" Canslim. And I do pay the MOST attention to what I think of as the
"more or less strictly Canslim" purists in our group like yourself, Peter
Christians, Peter Newell, sam, Brian Nash, Mike Lucero, James Adams, Patrick
Wahl, Frank Wolynski, and many others who do not come to mind at the moment.

However, I must admit, that there are lots and lots of posts, that I skip
altogether or give up on after a sentence or two.  And strangely enough,
this one fits that category, sorry, ;^).  I am rambling.  A true sin when
bandwidth (reading time) is narrow.  The less "noise" the better.

Best regards,
Craig

At 08:22 AM 1/27/98 -0600, you wrote:
>Group,
>
>We seem to be in a down cycle again.   I am getting less messages
>than I customarily do.  I wonder if people are getting bored, or
>not finding time, or just moving on.   I've been part of this
>discussion group since day 3, and I really think its one of the
>best.  However, we have had some down times.   We've also had some
>times where flaming went on, but they are few and far between.
>I did contact a couple former members of the group who were active
>at one point.   One claimed he no longer had the time; another thought
>we were getting too far away from CANSLIM and that the group wasn't
>providing enough value for him (too bad, he(she?) provided value
>for me!)
>
>Anyway, this would be a good time for some lurkers to post with
>questions, insights, etc. given the lull in traffic.
>
>Dave Cameron
>dfcameron@ameritech.net
>
>-
>
>

-

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