From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #127 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk canslim-digest Wednesday, February 25 1998 Volume 02 : Number 127 In this issue: [CANSLIM] Consumer Confidence Re: [CANSLIM] Sterling Commerce (SE) [CANSLIM] SecureTax Question Re: [CANSLIM] Sterling Commerce (SE) Re: [CANSLIM] AVTC [CANSLIM] Western Staff - WSTF Re: [CANSLIM] Sterling Commerce (SE) Re: [CANSLIM] Western Staff - WSTF Re: [CANSLIM] SecureTax Question (fwd) [CANSLIM] TOC, other stocks. [CANSLIM] THQI Re: [CANSLIM] Introduction, William [CANSLIM] COO beats estimates [CANSLIM] Screening Stocks Re: [CANSLIM] Western Staff - WSTF Re: [CANSLIM] Western Staff - WSTF Re: [CANSLIM] Charting (was Western Staff - WSTF) [CANSLIM] Airline Industry ---------------------------------------------------------------------- Date: Tue, 24 Feb 1998 21:09:56 -0500 From: "Tom Worley" Subject: [CANSLIM] Consumer Confidence Noteworthy today in the economic reports was that the monthly CC report jumped from 127.3 last month to a new record of 138.3 for Feb (estimate had been for 130.0). Also worth noting that average weekly earnings for Jan increased 0.9% (funny, didn't see it in my paycheck, guess I'm below average somewhere!) with 0.6% coming from increased hours worked and 0.3% coming from an actual increase in the hourly wage (I was wrong, I did see the increase in the hours worked, just didn't see it in the paycheck). Somewhere along in this quarter we are supposed to start seeing the bulk of the effect of the Asian flu. So far we are seeing analysts scrambling to cut earnings estimates, but are not seeing the layoffs I would expect if it is in fact substantially slowing manufacturing activity. Is this "slowdown" in economic growth simply giving industry a chance to catch up to consumer demand? I'm not seeing retail sales increasing in proportion to increased income, does this mean more money flowing into savings (which would suggest stocks, mostly thru mutual funds)? Historically, analysts cut earnings estimates as the quarter goes by. I saw a report today, however, that showed that already earnings forecasts have been slashed more than twice the typical level, and are now approaching a level where Q1 results for many major cos will end up being estimated at even (or close to it) with a year ago. Will this excite new interest in small caps, where earnings growth remain strong, and give us a belated "Santa Claus rally" in the spring? 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: Tue, 24 Feb 1998 21:31:45 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Sterling Commerce (SE) As I have previously mentioned, I will tolerate an EPS in the mid 70s if recent qtrs have been esp strong compared to the history, but I am reluctant to add any to my watch list without an RS in at least the low 90s, and preferably mid 90s or better. U/D on this one is good, at 3.1, but the RS combined with volume drying up would stop me from a new buy, and make me a pretty motivated potential sellor if I was long the stock. As you point out, it is also way too extended for a fresh buy, altho a holder might be able to justify pyramiding up. 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: Douglas Rhodes To: canslim@lists.xmission.com Date: Tuesday, February 24, 1998 8:17 PM Subject: [CANSLIM] Sterling Commerce (SE) >What's the opinion on Sterling Commerce? Chart looks good to me except it might >be over-extended. > >EPS rank: 94 >Rel Str: 83 >Acc/Dist: A > >recent price: 43 > > >- > - - ------------------------------ Date: Tue, 24 Feb 1998 19:50:26 -0800 From: "Charles A. Wilmot" Subject: [CANSLIM] SecureTax Question Either I missed it or it has not been addressed yet, but I have had no response to my earlier question re: any of the reader's experience(s) with SecureTas or one of the other commercial tax services here on the Internet? What about the concern about revealing one's credit card no. over the Internet in payment of same? Chuck Wilmot Charles A. Wilmot cwilmot@azstarnet.com - - ------------------------------ Date: Tue, 24 Feb 1998 20:56:42 -0600 From: Dave Cameron Subject: Re: [CANSLIM] Sterling Commerce (SE) Douglas Rhodes wrote: > > What's the opinion on Sterling Commerce? Chart looks good to me except it might > be over-extended. If I owned it, I'd hold on - there's no real sign of weakness. If I didn't own it - I'd only buy cautiously for the 'over-extended' reason you mentioned. Dave Cameron - - ------------------------------ Date: Tue, 24 Feb 1998 17:34:17 -1000 From: "frank swenson" Subject: Re: [CANSLIM] AVTC Any opinions on AVTC. Graph looks interesting RS 93 EPS 83 debt 1% mngmnt 32% funds 36% Breakout 2 days ago with volume, today no change with a little over adv. - - ------------------------------ Date: Wed, 25 Feb 1998 00:03:51 -0500 From: "Frank V. Wolynski" Subject: [CANSLIM] Western Staff - WSTF WSTF - Western Staff Services EPS 85 RS 94 Growth 67% Funds own 1% Management owns 57% U/D Vol Ratio 11.1 4.4 mil float Group Rs 85 Currently ranked 26 out of 197 groups. Top five stocks in the group have RS of above 94. Earnings due out on 2/28 Insiders buying numerous times over the past few months, especially during December / January. Thoughts? Frank Wolynski - - ------------------------------ Date: Wed, 25 Feb 1998 00:11:58 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Sterling Commerce (SE) At 20:56 2/24/98 -0600, Dave Cameron wrote: >Douglas Rhodes wrote: >> >> What's the opinion on Sterling Commerce? Chart looks good to me except it might >> be over-extended. > >If I owned it, I'd hold on - there's no real sign of weakness. If I didn't >own it - I'd only buy cautiously for the 'over-extended' reason you mentioned. > >Dave Cameron > >- > Money Flow RSI showing a divergence between the price action and the MF RSI. According to the Equis on-line technical analysis primer, this usually indicates a reversal is near. Back in May of 96 it was also in the low 40's and reversed sharply and quickly. I don't know if it offers significant resistance to the current trend, but my best quess is that a Tech Analysis junkie would fish in better waters and let it pass the old hi before getting very serious about it. jmtc Frank Wolynski I'm often wrong, please plan accordingly. - - ------------------------------ Date: Wed, 25 Feb 1998 07:25:21 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Western Staff - WSTF Too extended. Pivot point was when it finally broke out of the base at 17 and moved to 18 almost 3 weeks ago. Possibly you might have also bot earlier that week as it tried to break out, also on vol, and hit a new high off the base. But now it is well over 10% above the base and I wouldn't chase 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: Frank V. Wolynski To: canslim@lists.xmission.com Date: Wednesday, February 25, 1998 12:00 AM Subject: [CANSLIM] Western Staff - WSTF >WSTF - Western Staff Services >EPS 85 RS 94 >Growth 67% >Funds own 1% >Management owns 57% >U/D Vol Ratio 11.1 >4.4 mil float > >Group Rs 85 Currently ranked 26 out of 197 groups. >Top five stocks in the group have RS of above 94. > >Earnings due out on 2/28 >Insiders buying numerous times over the past few months, especially during >December / January. > >Thoughts? > >Frank Wolynski > > >- > - - ------------------------------ Date: Wed, 25 Feb 1998 07:49:43 -0500 (EST) From: "Surindra J. Singh" Subject: Re: [CANSLIM] SecureTax Question (fwd) I have no personal bad experience by giving my card number over the internet, have done it about six or seven times so far. I guess you are protected by the credit card companies in general. Having said so, I once gave my credit card number over the phone for a newsletter, which I never received and that person continued to charge month after month despite my complaints to the credit card company and calling him several times. I never got credit for the amount already charged, but after about 9 months or so, there was no further charges on my card. This was big relief. Surindra On Tue, 24 Feb 1998, Charles A. Wilmot wrote: > Either I missed it or it has not been addressed yet, but I have had no > response to my earlier question re: any of the reader's experience(s) with > SecureTas or one of the other commercial tax services here on the Internet? > What about the concern about revealing one's credit card no. over the > Internet in payment of same? > > Chuck Wilmot > Charles A. Wilmot > cwilmot@azstarnet.com > > - > > - - ------------------------------ Date: Wed, 25 Feb 1998 08:49:31 -0500 From: Connie Mack Rea Subject: [CANSLIM] TOC, other stocks. - --------------25E7665A849C976A4F2AF070 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Members-- My filters pulled up but a single stock this morning: TOC. It looks quite strong in all respects, other than OBV/MF. I will try to buy the stock this morning at yesterday's close or thereabouts. Those who have been keeping a list of previous OBV/MF stocks should continue to re-examine them. I have bought and sold almost all of them. Today, along with TOC, several of them are appearing stronger. Use your 3/7/10 or BigC's 5/10/15 EMAs to determine a buy price. I will move to 65 percent invested today if I can buy TOC. Yesterday I bought these stocks: ACOL, EFTC, RPC, FIGIA, and RENO. I bought, also, a small amount of BANC. I am keeping tight visual stops on all lots. A couple of you have held onto PACC and seen it advance and advance. You have been much more brave than I was; consequently, you have a significant profit. I do not have any advice on further holding, other than to faithfully maintain your stops. It is approaching a 52-week high. You are to be congratulated on your market sense. Several other suggested stocks have done well, which is to say that stocks that interest traders are not necessarily stocks that investors ought to ignore. Connie Mack - --------------25E7665A849C976A4F2AF070 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Members--

My filters pulled up but a single stock this morning: TOC.  It looks quite strong in all respects, other than OBV/MF.

I will try to buy the stock this morning at yesterday's close or thereabouts.

Those who have been keeping a list of previous OBV/MF stocks should continue to re-examine them.  I have bought and sold almost all of them.  Today, along with TOC, several of them are appearing stronger.  Use your 3/7/10 or BigC's 5/10/15 EMAs to determine a buy price.

I will move to 65 percent invested today if I can buy TOC.

Yesterday I bought these stocks: ACOL, EFTC, RPC, FIGIA, and RENO.  I bought, also, a small amount of BANC.

I am keeping tight visual stops on all lots.

A couple of you have held onto PACC and seen it advance and advance.  You have been much more brave than I was; consequently, you have a significant profit.  I do not have any advice on further holding, other than to faithfully maintain your stops.  It is approaching a 52-week high.  You are to be congratulated on your market sense.

Several other suggested stocks have done well, which is to say that stocks that interest traders are not necessarily stocks that investors ought to ignore.

Connie Mack - --------------25E7665A849C976A4F2AF070-- - - ------------------------------ Date: Wed, 25 Feb 1998 09:40:03 -0500 From: "Antista, Anthony" Subject: [CANSLIM] THQI I've been trying to tell anyone who would listen about this great gem, but been shot down several times, well here is the proof: "CALABASAS, Calif.--(BUSINESS WIRE)--Feb. 24, 1998--THQ Inc. (Nasdaq:THQI - - news) Tuesday reported that net sales for the fourth quarter of 1997 were a record $48,903,000, a 139% increase over the $20,483,000 reported for the fourth quarter of 1996. Net income for the quarter was $6,203,000, a 512% increase over the $1,014,000 reported for the corresponding quarter of 1996. Net income per diluted share for the quarter was $0.84, on 7,414,000 weighted average shares outstanding, vs. $0.19 per diluted share for the fourth quarter of 1996, on 5,289,000 weighted average shares outstanding. For the year ended Dec. 31, 1997, net sales were $89,362,000, a 78% increase over the $50,255,000 reported for fiscal 1996. Net income for the year was $9,345,000, or $1.35 per diluted share, vs. $1,901,000, or $0.39 per diluted share for fiscal 1996." Estimates were for about .50 cents for 4th qtr 1997 and .98 cents for fiscall 1997. BLEW THOSE ESTIMATES OUT OF THE WATER!! Stock closed at 24 yesterday, I'm expecting a Breakout day, 52 week High is 24.75 Tony Antista begin 600 WINMAIL.DAT M>)\^(B\.`0:0" `$```````!``$``0>0!@`(````Y 0```````#H``$(@ <` M& ```$E032Y-:6-R;W-O9G0@36%I;"Y.;W1E`#$(`06 `P`.````S@<"`!D` M"0`H``,``P`G`0$@@ ,`#@```,X'`@`9``D`*0`M``,`4@$!"8 !`"$````U M,C4S-D9!0S$R04-$,3$Q.4,T-C P.# U1C$U,C!#-0#V!@$-@ 0``@````(` M`@`!!( !``4```!42%%)`#8!`0.0!@"@!@``&0````,`!A ,ZG+\`P`'$,X# M```>``@0`0```&4```!)5D5"145.5%)924Y'5$]414Q,04Y93TY%5TA/5T]5 M3$1,25-414Y!0D]55%1(25-'4D5!5$=%32Q"551"145.4TA/5$1/5TY3159% M4D%,5$E-15,L5T5,3$A%4D5)4U1(15!2``````,`$! ``````P`1$ `````" M`0D0`0```+8#``"R`P``G08``$Q:1G4S)T@S_P`*`0\"%0*D`^0%ZP*#`% 3 M`U0"`&-H"L!S973N,@8`!L,"@S(#Q@<3`H.R,Q,/9C0/?Q"$?0J /PC/"=D" M@ J!#;$+8&YG>#$P,Q0@"PH2\@'0($!))W9E(&()X2"H=')Y"X!G&Y!O&Y!L M96P#( !P>0(@&S!W"F@<('<(8&QD(&P_! `<0 .@`: (8 5 =&@5! `@"<%A M!4!G96UN+!M 'D$;4W,=$ 5 9-1O=Q_A91L@<@= &Y#K!W(?4'<<4F@$D!LP M'I&+'G ;,' #8&]F.@J%'PJ/"Y$4(AK1(W4B0T%@3$%"05,E\!]00P,'0 :0 M+BTM*$)5(%-)3D53!?!720A212DFL$9E8BX((#(T'U Q.3DXD2:P5$A1&O!N M8R@0`"A.87-D87$Z)2C122-U+2 2 7L'YP%U$)@!YA M'O$1`A %P")B`A (1DG5OGD>X 7 "? -L!V 1 60?2@0,SQ +P,?4"S8+V,DD4R! M,S8R,18W.#'/93M.-3% ,C5,4#RO9OT$`&,@\3_O2<90HSE!.\8=4U$T5J-$ M`3P2+C,U_T#B(W5!.T>%/$ PX#Q!6T8_0\ QH$#O."17U$M9+B+W(W\::",, M11W !W >\%*V^TG"'A0N5E ^0 GP1O!)L_XT-7(;H"\$1R%ET"B09AD35]18 M(S`&",ALP8``! `#D`/-?60?M!O0$#`/$_ M"00```,`)@```````P`V```````"`4<``0```"X```!C/553.V$](#MP/4%4 M5#ML/4Y%4BU-4T`/H_`0```!$```!!;G1I Subject: Re: [CANSLIM] Introduction, William William A Rhodes wrote: > > Hi Group, > > I am a 46 year old who owns a petroleum distributorship in Calif. I have a > Sep Ira at work that has done well over the years and bought a few hundred > shares each of Microsoft and Coke in 1993. > > I on my second read of HTMMIS, and subscribe to and read IBD every day, > also have been lurking on the board for a while and have learned a lot. > Great - you'll never by MSFT or KO again . > Here are two stocks to look at, both have developed a cup and are forming a > handle. > > ARX EPS - 91 RS - 98 A/D - A Isn't holding up very well, is it... > STS EPS - 88 RS - 85 A/D - A (AMEX) Not bad so far. I don't like AMEX stocks, but this one has a nice chart pattern and is holding up well. > > Thanks, > William > > - - - ------------------------------ Date: Wed, 25 Feb 1998 08:21:48 -0800 From: Tim Fisher Subject: [CANSLIM] COO beats estimates Well, I still have no idea why COO slid so far into today's earnings statement but it was good - they beat estimates by about 10%. It's up 1-1/4. VRTS is also up nicely. Tim Fisher / tfish@spiritone.com Ore-Rock-On and Pacific Fishery Biologists WWW Sites: http://www.spiritone.com/~tfish See naked fish and rocks! - - ------------------------------ Date: Wed, 25 Feb 1998 12:52:38 -0500 From: "bamend" Subject: [CANSLIM] Screening Stocks I've been reading and learning from this very informative group for a few months now. Can someone please explain stock screens to me? Which sites are best for this, any free? I know screening stocks is a valuable tool, I need to learn how to do it. Thanks in advance. Bob Amend - - ------------------------------ Date: Wed, 25 Feb 1998 20:06:19 EST From: CA011667@aol.com Subject: Re: [CANSLIM] Western Staff - WSTF WSTF- I own on breakout at 18 5/8 and added at 19 1/2. This group has been strong for a while.My latest reporting date according to First call is tommorrow. If they come anywhereclose to estimates it will be 5 straight of accelerating growth, last two are +6% +25% and current estimate is for 55%. Prior two quarters to these were losses.Nice tight base is very impressive.Thanks for the insider trader info,can you tell me were I can find this info out at a reasonable price. Most of the trades I find are very out dated. God bless. Chris. - - ------------------------------ Date: Wed, 25 Feb 1998 20:12:59 EST From: CA011667@aol.com Subject: Re: [CANSLIM] Western Staff - WSTF Tom, Interesting to see you call the breakout at 17. I you look at a daily chart you could easily justify that. I often wondered if the daily chart provides a better pivot point.However, if you look at the weekly chart, the breakout is about 18. I do understand that the pivot point is not always at the old high. Can you comment on your chart preference. Thanks.Chris. - - ------------------------------ Date: Wed, 25 Feb 1998 20:35:06 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Charting (was Western Staff - WSTF) My ultimate preference is for a five year, weekly logrithmic chart such as I used to get with WON's NSMI service. Lacking that my next choice is DG Online, which is a one year, daily chart. I like this mostly because it gives me a whole bunch of critical, true source, CANSLIM data at one site. I will suffer major withdrawal when it goes commercial, so BETA TESTERS - KEEP FINDING FLAWS AND REPORTING THEM!!!!! I am starting to use www.bigcharts.com more, and getting back to using more TA tools, but been away from this "purer science" for so long that still rusty. Still trying to get a log based site to work right for me. At work, the charting svc on my PC is defaulted to daily, but I always check the weekly before taking any buy/sell action. It helps me get a "bigger picture". While I was on vacation, I played with several different charting services, including that with Thompson's live quotes, NASDAQ, Yahoo, etc. However, despited DGO's limited charting, no other site also gave me all the CS data at the same time. 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: CA011667@aol.com To: canslim@lists.xmission.com Date: Wednesday, February 25, 1998 8:10 PM Subject: Re: [CANSLIM] Western Staff - WSTF >Tom, > >Interesting to see you call the breakout at 17. I you look at a daily chart >you could easily justify that. I often wondered if the daily chart provides a >better pivot point.However, if you look at the weekly chart, the breakout is >about 18. I do understand that the pivot point is not always at the old high. >Can you comment on your chart preference. Thanks.Chris. > >- > - - ------------------------------ Date: Wed, 25 Feb 1998 22:15:02 -0500 From: "Tom Worley" Subject: [CANSLIM] Airline Industry Periodically, I receive material from various other broker-dealer firms. This week I got the following from J W Charles, and with the recent discussion and commentary on the industry, thought I would pass it along. I do not follow this industry group, thus have no personal opinion of the validity of the comments. "One area that we alerted you to last week was the airline sector. We mentioned that Airlines had a high volume reversal, which is reminiscent of a top. The Airlines subsequently dropped about 7 - 10% on the week. Along those lines, the transports were down over 2.5% on the week while most other indices were up. Furthermore, while the Dow was up 38 points on Friday, the transports were down over 51 points. We expect this underperformance in the Airline sector to continue, especially since UAL looks like it has broken down on heavy volume. Both AMR and Delta look lower." 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 - - ------------------------------ End of canslim-digest V2 #127 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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