From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2383 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Thursday, May 2 2002 Volume 02 : Number 2383 In this issue: Re: [CANSLIM] Today's IBD "Big Picture" comments... [CANSLIM] Homebuilders- fundamentals Re: [CANSLIM] Homebuilders- fundamentals RE: [CANSLIM] USLB ---------------------------------------------------------------------- Date: Thu, 2 May 2002 10:01:26 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Today's IBD "Big Picture" comments... my usual response to a gap down pre-market is the damage is already done, and often over done, so I will hold for a day or two and see if there is any rebound. Meanwhile, I go back to the fundies, and see if I still like them in light of the new info. I try to assess if the selloff is excessive reaction to bad news in a very reactive market. I also reexamine why I bought it when I bought it, and see if those reasons have changed with the new info. If not, I am more willing to hold on, and may (horrors, major CANSLIM mortal sin here) buy more. but I will also emphasize that for most investors, and particularly CANSLIM investors, it is far more important that you have strict selling rules that follow the guidelines of CANSLIM than to have buying rules. Far better to be stuck in cash making a couple %age points, than to lose 10 or 20% of your capital because you bought the wrong stock. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: "Winston Little" To: Sent: Thursday, May 02, 2002 9:51 AM Subject: Re: [CANSLIM] Today's IBD "Big Picture" comments... Some people HOLD when they shoud SELL, and SELL when they should HOLD, or BUY when they should PASS. That describes many of my actions in the past year. You made money on RMCI, I lost. Some people probably did ok on CACI, I did not. There are several other names I could add, but what I need to do is change. Unfortunately, I am not clear on WHAT to change. I do know that I am not rigid enough on selling losers, but the big drops in pre-market on issues that I own are most puzzling.. How do you or any other reader respond to these massive pre-market drops? I would really appreciate some answers in this area. - ----- Original Message ----- From: "Tom Worley" To: Sent: Thursday, May 02, 2002 9:19 AM Subject: Re: [CANSLIM] Today's IBD "Big Picture" comments... > I think this is still a good day or very short trading market, if you have > the time to watch closely, and the funds to buy large positions for small > gains. I have neither, nor the personality, for "trading", so I invest > instead, looking long term and shrugging off some of the volatility in > between. I also only buy small caps, usually thinly traded, and often low > priced. They seem less affected by how the major indexes are doing, altho > are more severely affected by news directly affecting them. > > I took short term profits on RMCI (10%) for a variety of reasons, primarily > because it was weakening again after attempting a recovery from negative > perception that earnings would slow now that the economy was recovering. > Wish I had waited, I left a potential short term profit of an additional > short term profit of 20 to 40% on the table. It has been volatile, but never > approached again my selling price, and sits now 20% higher than where I > sold. > > Tom Worley > stkguru@bellsouth.net > AIM: TexWorley > ----- Original Message ----- > From: "Winston Little" > To: > Sent: Thursday, May 02, 2002 9:12 AM > Subject: Re: [CANSLIM] Today's IBD "Big Picture" comments... > > > Tom: > In my trading during the past several months, I have been through a series > of issues that appeared to fit the CANSLIM criteria, then were hit with > adverse overnight or early morning news. Result was a drop of 30 to 40% in > price in pre-opening trade (no opportunity to contain loss to under 7%), and > no significant recovery afterwards. CACI is a recent example. > My other gainers were of smaller magnitude. Since it takes many more small > gains to equal one big loser, net result was not good for me. Thus, I > concluded that taking smaller gains QUICKLY and moving on is more reliable > in "this market". > What I mean by "this market" is that Monday's hero is often Thursday's goat. > > > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Wednesday, May 01, 2002 7:19 PM > Subject: Re: [CANSLIM] Today's IBD "Big Picture" comments... > > > > I disagree, Winston > > > > I did very well in 2001 applying my version of CANSLIM, and I doubt anyone > > would call that a bull market. > > > > I did it with buy and hold throughout the year, I doubt I sold any > position > > less than a month after purchase, some were held the entire year. > > > > Tom Worley > > stkguru@bellsouth.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Winston Little" > > To: > > Sent: Wednesday, May 01, 2002 12:44 PM > > Subject: Re: [CANSLIM] Today's IBD "Big Picture" comments... > > > > > > My observations: > > - true CANSLIM works well in a "bull market'. > > - ALL markets have issues which are rising and some which are falling. (In > > bull market more rise than fall and the life of a rise is very long). > > - we are currently in a rotational market, with the life of a trend > varying > > from one or two days to at most one month > > - in this era only the fast survive, a good example is that of OVER during > > the past week. > > The quickest way to lose money is buy and hold . It is similar to grabbing > a > > handful of smoke and hoping to keep it. > > > > > > ----- Original Message ----- > > From: "Bill Triffet" > > To: "canslim" > > Sent: Wednesday, May 01, 2002 12:12 PM > > Subject: [CANSLIM] Today's IBD "Big Picture" comments... > > > > > > > Well friends, it seems that today's IBD confirms what I've thought about > > the > > > M in canslim - It's not necessarily based on the readings of the three > > major > > > market indexes ( a big departure from HTMMIS). > > > > > > I'm paraphrasing the last three paragraphs of "The Big Picture"(there > are > > > stiff copyright disclaimers at IBD): > > > > > > It will take a few days to see if the rotation BACK into the Dow, Naz, > and > > > S&P is valid. There should be a big move in heavier volume by the end of > > the > > > week to confirm it. > > > > > > It goes on to say it's a "nonissue" for growth investors since small and > > > mid-cap stocks along with medical, consumer and defense are doing well > > > despite the big averages. If they hold up, it says, the major averages > > could > > > improve. > > > > > > Also mentions "careful trading" with tight loss cutting is key. > > > > > > My point? IMHO, IBD is marketed for many types of investors. Pure > canslim > > > (if there is such a thing) is just one of them. > > > > > > I think perhaps it's time for me to look at growth investing with a > > canslim > > > approach. I'm starting to see several here have done this to great > success > > > (though with very close watching). Including things such as a lower but > > > advancing RS as opposed to just a high rating and not be afraid to jump > > into > > > stocks in an upwards trending sector though the market is flat or down > IF > > > they have good fundies. > > > > > > Several times this and last year I saw stocks and groups moving ahead > but > > > stayed out due to the major indexes downward trend. Comments? > > > > > > Btw, for Fred, it suggests there's heavy distribution out of gold and > > > precious metals by investors. > > > > > > Bill Triffet > > > > > > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 2 May 2002 07:07:03 -0700 (PDT) From: Eric Jaenike Subject: [CANSLIM] Homebuilders- fundamentals - --0-1837393797-1020348423=:2677 Content-Type: text/plain; charset=us-ascii For those following the homebuilders, note that KB Home just reported a 13.2% drop in April US orders. Of interest also is the recent insider selling. Other data points: taking a 3 month average (Jan-March), new starts slowed at a 20% annual rate. Existing home sales fell 8.6% (reported 4/25), and the inventory of new homes rose to 4.8 months (also reported 4/25). Housing demand is seen slowing by the Nat'l Assoc. of Home Builders, who see housing starts rising 1.7% this year and falling 2.9% next year. They anticipate single family starts rising 2.4% in '02 and falling 3.6% next year. Single family sales are seen dropping 0.7% this year. These stocks have generally surpassed their peak historic multiples. They are also closely inversely correlated with interest rates. I believe the weakness in mid-March came on a small spike in the 10 yrs yield (can someone confirm this?). Of course, the counter argument is that they are market share gainers, have tighter inventory and cost controls than previously, they don't build as much on spec, etc. and thus deserve higher peak cycle multiples. I am skeptical of the group, but have no positions either long or short. I would be inclined to short them if they got toppy, but I think its too early to enter right now. Re: CCRN adv, the secondary on 3/21 created a spike in trading volume to 8.1 million shares, or approx 15x current adv (and 40x that times adv). If we assume an average day's volume on 3/21, the current adv drops to 350k, making yesterdays volume 87% above average. Of course, that doesn't impact ROE, which is low, and M, which is dicey. Eric - --------------------------------- Do You Yahoo!? Yahoo! Health - your guide to health and wellness - --0-1837393797-1020348423=:2677 Content-Type: text/html; charset=us-ascii

For those following the homebuilders, note that KB Home just reported a 13.2% drop in April US orders. Of interest also is the recent insider selling.

Other data points: taking a 3 month average (Jan-March), new starts slowed at a 20% annual rate. Existing home sales fell 8.6% (reported 4/25), and the inventory of new homes rose to 4.8 months (also reported 4/25). Housing demand is seen slowing by the Nat'l Assoc. of Home Builders, who see housing starts rising 1.7% this year and falling 2.9% next year. They anticipate single family starts rising 2.4% in '02 and falling 3.6% next year. Single family sales are seen dropping 0.7% this year.

These stocks have generally surpassed their peak historic multiples. They are also closely inversely correlated with interest rates. I believe the weakness in mid-March came on a small spike in the 10 yrs yield (can someone confirm this?). Of course, the counter argument is that they are market share gainers, have tighter inventory and cost controls than previously, they don't build as much on spec, etc. and thus deserve higher peak cycle multiples.

I am skeptical of the group, but have no positions either long or short. I would be inclined to short them if they got toppy, but I think its too early to enter right now.

Re: CCRN adv, the secondary on 3/21 created a spike in trading volume to 8.1 million shares, or approx 15x current adv (and 40x that times adv). If we assume an average day's volume on 3/21, the current adv drops to 350k, making yesterdays volume 87% above average. Of course, that doesn't impact ROE, which is low, and M, which is dicey.

Eric


Do You Yahoo!?
Yahoo! Health - your guide to health and wellness - --0-1837393797-1020348423=:2677-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 2 May 2002 10:15:07 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Homebuilders- fundamentals This is a multi-part message in MIME format. - ------=_NextPart_000_0206_01C1F1C2.3C123460 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Eric, We have talked about the perception of a "bubble" in the home builders = group for close to six months, and so far has not happened to get popped = yet. Doesn't mean it won't. But some contrary thoughts.=20 Low interest rates are still driving this industry Last year was a record, so hard to sustain or compare to Until recently, most economists believed the Feds would start raising = rates at the May meeting, now that is out the window, and even a hike at = the June meeting is unlikely (first hike will inspire people to close on = a mortgage deal, after which everything slows). Even after a few rate hikes, rates will still be below historic levels Unemployment, even when not felt personally, affects everyone to some = degree. It is a lagging indicator, and likely will rise further before = beginning to drop. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message -----=20 From: Eric Jaenike=20 To: canslim group=20 Sent: Thursday, May 02, 2002 10:07 AM Subject: [CANSLIM] Homebuilders- fundamentals For those following the homebuilders, note that KB Home just reported a = 13.2% drop in April US orders. Of interest also is the recent insider = selling. Other data points: taking a 3 month average (Jan-March), new starts = slowed at a 20% annual rate. Existing home sales fell 8.6% (reported = 4/25), and the inventory of new homes rose to 4.8 months (also reported = 4/25). Housing demand is seen slowing by the Nat'l Assoc. of Home = Builders, who see housing starts rising 1.7% this year and falling 2.9% = next year. They anticipate single family starts rising 2.4% in '02 and = falling 3.6% next year. Single family sales are seen dropping 0.7% this = year. These stocks have generally surpassed their peak historic multiples. = They are also closely inversely correlated with interest rates. I = believe the weakness in mid-March came on a small spike in the 10 yrs = yield (can someone confirm this?). Of course, the counter argument is = that they are market share gainers, have tighter inventory and cost = controls than previously, they don't build as much on spec, etc. and = thus deserve higher peak cycle multiples. I am skeptical of the group, but have no positions either long or short. = I would be inclined to short them if they got toppy, but I think its too = early to enter right now. Re: CCRN adv, the secondary on 3/21 created a spike in trading volume to = 8.1 million shares, or approx 15x current adv (and 40x that times adv). = If we assume an average day's volume on 3/21, the current adv drops to = 350k, making yesterdays volume 87% above average. Of course, that = doesn't impact ROE, which is low, and M, which is dicey. Eric - -------------------------------------------------------------------------= - ------- Do You Yahoo!? Yahoo! Health - your guide to health and wellness - ------=_NextPart_000_0206_01C1F1C2.3C123460 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Eric,
 
We have talked about the perception of a = "bubble" in the=20 home builders group for close to six months, and so far has not happened = to get=20 popped yet. Doesn't mean it won't. But some contrary thoughts. =
 
Low interest rates are still driving this=20 industry
 
Last year was a record, so hard to sustain or = compare=20 to
 
Until recently, most economists believed the = Feds would=20 start raising rates at the May meeting, now that is out the window, and = even a=20 hike at the June meeting is unlikely (first hike will inspire people to = close on=20 a mortgage deal, after which everything slows).
 
Even after a few rate hikes, rates will still be = below=20 historic levels
 
Unemployment, even when not felt personally, = affects=20 everyone to some degree. It is a lagging indicator, and likely will rise = further=20 before beginning to drop.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Eric = Jaenike=20
Sent: Thursday, May 02, 2002 10:07 AM
Subject: [CANSLIM] Homebuilders- fundamentals

For those following the homebuilders, note that KB Home just reported = a 13.2%=20 drop in April US orders. Of interest also is the recent insider = selling.

Other data points: taking a 3 month average (Jan-March), new starts = slowed at=20 a 20% annual rate. Existing home sales fell 8.6% (reported 4/25), and = the=20 inventory of new homes rose to 4.8 months (also reported 4/25). Housing = demand=20 is seen slowing by the Nat'l Assoc. of Home Builders, who see housing = starts=20 rising 1.7% this year and falling 2.9% next year. They anticipate single = family=20 starts rising 2.4% in '02 and falling 3.6% next year. Single family = sales are=20 seen dropping 0.7% this year.

These stocks have generally surpassed their peak historic multiples. = They are=20 also closely inversely correlated with interest rates. I believe the = weakness in=20 mid-March came on a small spike in the 10 yrs yield (can someone confirm = this?).=20 Of course, the counter argument is that they are market share gainers, = have=20 tighter inventory and cost controls than previously, they don't build as = much on=20 spec, etc. and thus deserve higher peak cycle multiples.

I am skeptical of the group, but have no positions either long or = short. I=20 would be inclined to short them if they got toppy, but I think its too = early to=20 enter right now.

Re: CCRN adv, the secondary on 3/21 created a spike in trading volume = to 8.1=20 million shares, or approx 15x current adv (and 40x that times adv). If = we assume=20 an average day's volume on 3/21, the current adv drops to 350k, making=20 yesterdays volume 87% above average. Of course, that doesn't impact ROE, = which=20 is low, and M, which is dicey.

Eric


Do You Yahoo!?
Yahoo! = Health -=20 your guide to health and wellness - ------=_NextPart_000_0206_01C1F1C2.3C123460-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 2 May 2002 10:23:31 -0400 From: "John Solarno" Subject: RE: [CANSLIM] USLB This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C1F1C3.6BD4F600 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit "Fundies" is one of the short-hand abbreviations used on this board and others to refer to a company's "fundamentals." (I know, it's a little too cute by half. I wince every time I read it.) John - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of William King Sent: Thursday, May 02, 2002 8:56 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] USLB I frequently see the use of the term "fundies" on the list. I assumed that it meant mutual funds. Does it mean more than that? Thanx, Bill King - ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Wednesday, May 01, 2002 9:37 PM Subject: Re: [CANSLIM] USLB I subscribe to DGO (Daily Graphs Online, a WON product) which condenses a lot of information into two pages of charts with fundies data. As a reminder to members, and since one member indicated the discount still is available, annual cost may still be possible to reduce from over $700 to the low $500 level by subscribing to a single book a month of the DG books. Worth investigating. And for those who have never tried DGO, taking the trial version is cheap for a brief test. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: Parnelli To: canslim@lists.xmission.com Sent: Wednesday, May 01, 2002 9:22 PM Subject: Re: [CANSLIM] USLB Excellent points Tom...and you were correct that margins and insider selling were concerns. So much that they were both addressed in the conference call. Mgt indicated in the call that they were working on margins and that the insider selling were people selling options and reinvesting back into the company. If you'd be so kind, where do you look to get that info so quickly so that I can start looking for better candidates? Many thanks!!! - ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Wednesday, May 01, 2002 9:14 PM Subject: Re: [CANSLIM] USLB as a comment, one thing I always look at, which WON doesn't talk about, is the sequential sales and earnings. Most people tend to focus on year to year comparisons, which I also look at, but I place greater weight on sequential comparisons. When I look at this one, I see earnings for past 4 qtrs are up, down, up, down. However, sales are consistently up all four qtrs. That tells me they may be having a problem with profit margins that I would want to investigate. I also note that cash flow is lower than earnings, which should be investigated. Additionally, management owns 70%, so I would check and see if they have been selling, might explain part of the drop. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: Parnelli To: canslim@lists.xmission.com Sent: Wednesday, May 01, 2002 8:56 PM Subject: Re: [CANSLIM] USLB Thanks Tom, glad to be aboard!!! As I was telling Katherine, I still have it ($26.25). I bought it for a quick trade thinking "I was the man" cause I was successful with USPH and OPTN...I thought I had figured out the system. Very humbled...Thanks again for the welcoming! - ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Wednesday, May 01, 2002 8:46 PM Subject: Re: [CANSLIM] USLB Welcome to the group, when did you buy it, what price, did you stop out of it or do you still have it how about why you bought it, and was it for short, intermediate or long term Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: Parnelli To: canslim@lists.xmission.com Sent: Wednesday, May 01, 2002 8:39 PM Subject: [CANSLIM] USLB Hi Board, I'm a new "canslimer" and thought I was an IBD guru until I bought USLB and it slammed me. I know I missed on the "M", but for the life of me I can't see any other problems. If any experienced folks follow this stock and can give me their two cents worth I'd be very appreciative. Many thanks, Parnelli - ------=_NextPart_000_0023_01C1F1C3.6BD4F600 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

“Fundies” is one of the short-hand abbreviations used on this board and others to refer to a = company’s “fundamentals.” (I know, it’s a little too cute by = half. I wince every time I read it.) 

 

John

 

-----Original = Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of William King
Sent: Thursday, May 02, 2002 8:56 = AM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = USLB

 

I frequently see the use of = the term "fundies" on the list. I assumed that it meant mutual funds. = Does it mean more than that?

 

Thanx,

Bill King

----- Original Message = - -----

From: Tom Worley

Sent: Wednesday, May 01, 2002 9:37 PM

Subject: Re: [CANSLIM] USLB

 

I subscribe to DGO (Daily = Graphs Online, a WON product) which condenses a lot of information into two = pages of charts with fundies data.

 

As a reminder to members, = and since one member indicated the discount still is available, annual cost may = still be possible to reduce from over $700 to the low $500 level by subscribing = to a single book a month of the DG books. Worth investigating. And for those = who have never tried DGO, taking the trial version is cheap for a brief = test.

 

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley

----- Original Message = - -----

From: Parnelli =

Sent: Wednesday, May 01, 2002 9:22 PM

Subject: Re: [CANSLIM] USLB

 

Excellent points Tom...and you were correct = that margins and insider selling were concerns.  So much that they were = both addressed in the conference call.  Mgt indicated in the call that = they were working on margins and that the insider selling were people selling options and reinvesting back into the = company.  

 

If you'd be so kind, where do you look to get = that info so quickly so that I can start looking for better = candidates?

 

Many = thanks!!!   

----- Original Message = - -----

From: Tom Worley

Sent: Wednesday, May 01, 2002 9:14 PM

Subject: Re: [CANSLIM] USLB

 

as a comment, one thing I = always look at, which WON doesn't talk about, is the sequential sales and = earnings. Most people tend to focus on year to year comparisons, which I also look = at, but I place greater weight on sequential comparisons.

 

When I look at this one, I = see earnings for past 4 qtrs are up, down, up, down. However, sales are consistently up all four qtrs. That tells me they may be having a = problem with profit margins that I would want to investigate.

 

I also note that cash flow = is lower than earnings, which should be investigated. Additionally, management = owns 70%, so I would check and see if they have been selling, might explain part = of the drop.

 

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley

----- Original Message = - -----

From: Parnelli =

Sent: Wednesday, May 01, 2002 8:56 PM

Subject: Re: [CANSLIM] USLB

 

Thanks Tom, glad to be aboard!!!  As I = was telling Katherine, I still have it ($26.25).  I bought it for a = quick trade thinking "I was the man" cause I was successful with = USPH and OPTN...I thought I had figured out the system.  Very humbled...Thanks again = for the welcoming!

----- Original Message = - -----

From: Tom Worley

Sent: Wednesday, May 01, 2002 8:46 PM

Subject: Re: [CANSLIM] USLB

 

Welcome to the group, =

 

when did you buy it, what = price, did you stop out of it or do you still have it

 

how about why you bought = it, and was it for short, intermediate or long term

 

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley

----- Original Message = - -----

From: Parnelli =

Sent: Wednesday, May 01, 2002 8:39 PM

Subject: [CANSLIM] USLB

 

Hi Board,

 

I'm a new "canslimer" and thought I = was an IBD guru until I bought USLB and it slammed me.  I know I missed on = the "M", but for the life of me I can't see any other = problems.  If any experienced folks follow this stock and can give me their two cents = worth I'd be very appreciative.  Many thanks, = Parnelli    

- ------=_NextPart_000_0023_01C1F1C3.6BD4F600-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2383 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.