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canslim-digest Sunday, March 31 2002 Volume 02 : Number 2256
In this issue:
GMWR stock for consideration to go long, please see special sit. report inside GMWR.OB NASDAQ 201065432222111
Re: [CANSLIM] DFXI
----------------------------------------------------------------------
Date: Sun, 31 Mar 2002 14:38:06 -0500
From: willma23201065@bergenpolitikammer.com
Subject: GMWR stock for consideration to go long, please see special sit. report inside GMWR.OB NASDAQ 201065432222111
Subject: Re: [CANSLIM] DFXI
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My experience has been that insiders rarely know when to sell (Enron =
being a rare exception), so selling usually is not significant to me. =
Additionally, at a well monitored company, the time period when insiders =
are allowed to sell is restricted, so the timing is not a very good =
indication.
Insider buying, on the other hand, is a signal I will take note of =
unless it is just an isolated case.
Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----=20
From: William King=20
To: canslim@lists.xmission.com=20
Sent: Sunday, March 31, 2002 12:51 PM
Subject: Re: [CANSLIM] DFXI
Thanks to all for the interesting and educational dialogue on DFXI. I =
note from DGO that there has been consistent insider buying and selling. =
I haven't run across a WON position on that yet. Is that something you =
consider or accept as normal practice?
Bill King
- --- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Sunday, March 31, 2002 9:04 AM
Subject: Re: [CANSLIM] DFXI
I agree with you all that this is textbook CANSLIM down to the =
leadership status, savvy business planning, high ROE, high Sales/EPS =
growth, low institutional ownership, share buyback, etc. (They also own =
Nautilus sleep systems....those mattresses that have air chambers =
instead of box springs and compete with Select Comfort)...Good point =
about buying TV ad time on the cheap, Robert....more business savvy. My =
concern was that the breakout coincided with an upgrade by US Piper =
Jaffray (didn't notice that high short interest until Ian pointed it =
out). That, combined with a lot of CANSLIM eyes on the stock makes me =
wary about the timing, not the validity of the stock itself. I'll bet =
there'll be plenty of "second chances" for entry near the pivot on this =
one. (Hopefully no high-volume-rock-pullbacks for your sakes Charley and =
Robert!)
Ian...a question for you--If you were to find a company like DFXI that =
fit all your requirements except the low price/microcap status you =
prefer....would you pass? Seems that when you look back on a long term =
chart of stocks like INTC, DELL, CSCO that were once $25 "pricey" =
stocks, those prices now look like tiny blips in comparison.
Happy Easter,
Katherine
----- Original Message -----=20
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Saturday, March 30, 2002 11:33 PM
Subject: Re: [CANSLIM] DFXI
Robert, Katherine, and Spencer:=20
Direct Focus, in my opinion, is basically a marketing company that =
has chosen to sell high quality leisure equipment. They have "branded" =
their products through heavy spot TV commercials, infomercials, =
Internet, response mailings and print media. Their products include =
Bowflex, Nautilus, Schwinn, and StairMaster. One strong trait is their =
ability to set the product price and hold it for an extended period of =
time. I sent off for their free video tape over a year ago and the =
Bowflex prices have not changed. They are growing through acquisition =
which is reducing their fixed costs, and they are a clear leader in =
their industry. Their IBD Industry Classification, Leisure-Products, has =
done quite well over the last several months.=20
Having said all that, the stock price could drop like a rock Monday, =
and if it does, I'm gone.=20
Charley=20
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My experience has been that insiders rarely know =
when to=20
sell (Enron being a rare exception), so selling usually is not =
significant to=20
me. Additionally, at a well monitored company, the time period when =
insiders are=20
allowed to sell is restricted, so the timing is not a very good=20
indication.
Insider buying, on the other hand, is a signal I =
will take=20
note of unless it is just an isolated case.
----- Original Message -----=20
Sent: Sunday, March 31, 2002 12:51 PM
Subject: Re: [CANSLIM] DFXI
Thanks to all for the interesting and =
educational=20
dialogue on DFXI. I note from DGO that there has been consistent =
insider=20
buying and selling. I haven't run across a WON position on that yet. Is =
that=20
something you consider or accept as normal practice?
Bill King
--- Original Message -----
Sent: Sunday, March 31, 2002 =
9:04=20
AM
Subject: Re: [CANSLIM] =
DFXI
I agree with you all that this is textbook CANSLIM down to the =
leadership=20
status, savvy business planning, high ROE, high Sales/EPS growth, low=20
institutional ownership, share buyback, etc. (They also own Nautilus =
sleep=20
systems....those mattresses that have air chambers instead of box =
springs and=20
compete with Select Comfort)...Good point about buying TV ad time on =
the=20
cheap, Robert....more business savvy. My concern was that the =
breakout=20
coincided with an upgrade by US Piper Jaffray (didn't notice that high =
short=20
interest until Ian pointed it out). That, combined with a lot of =
CANSLIM eyes=20
on the stock makes me wary about the timing, not the validity of the =
stock=20
itself. I'll bet there'll be plenty of "second chances" for entry near =
the=20
pivot on this one. (Hopefully no high-volume-rock-pullbacks for =
your=20
sakes Charley and Robert!)
Ian...a question for you--If you were to find a company like DFXI =
that=20
fit all your requirements except the low price/microcap status you=20
prefer....would you pass? Seems that when you look back on a =
long term=20
chart of stocks like INTC, DELL, CSCO that were once $25 "pricey" =
stocks,=20
those prices now look like tiny blips in comparison.
Happy Easter,
Katherine
----- Original Message -----
Sent: Saturday, March 30, =
2002 11:33=20
PM
Subject: Re: [CANSLIM] =
DFXI
Robert, =
Katherine,=20
and Spencer:
Direct Focus, in my opinion, is basically a =
marketing=20
company that has chosen to sell high quality leisure equipment. They =
have=20
"branded" their products through heavy spot TV commercials, =
infomercials,=20
Internet, response mailings and print media. Their products include =
Bowflex,=20
Nautilus, Schwinn, and StairMaster. One strong trait is their =
ability to set=20
the product price and hold it for an extended period of time. I sent =
off for=20
their free video tape over a year ago and the Bowflex prices have =
not=20
changed. They are growing through acquisition which is reducing =
their fixed=20
costs, and they are a clear leader in their industry. Their IBD =
Industry=20
Classification, Leisure-Products, has done quite well over the last =
several=20
months.
Having said all that, the stock price could drop =
like a rock=20
Monday, and if it does, I'm gone.
Charley=20
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