From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2456 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 Monday, May 27 2002 Volume 02 : Number 2456 In this issue: [CANSLIM] ACRT or MXT? Re: [CANSLIM] ACRT or MXT? Re: [CANSLIM] ACRT or MXT? Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: [CANSLIM] Law Suits (was ACRT or MXT?) ---------------------------------------------------------------------- Date: Mon, 27 May 2002 17:29:22 -0400 From: "James Wang" Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - - - -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: Mon, 27 May 2002 17:53:20 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price declines. They will be fighting resistance all the way back up. - ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - - - -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: Mon, 27 May 2002 17:14:37 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] ACRT or MXT? This is a multi-part message in MIME format. - ------=_NextPart_000_0114_01C205A1.FAF92260 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi James & Tom, Not to mention things like this in the significant developments raise = enough red flags to stay away from something like ACRT: http://yahoo.marketguide.com/MGI/news.asp?target=3Dstocks%2Fcompanyinform= ation%2Fnews&Ticker=3DACRT&TEXT=3DCMTX:20020412:102u4338 I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 = and don't be tempted to bottom fish. Go to Investors.com and read = articles on Fallen Angels and Falling Knives to get the gist. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, May 27, 2002 4:53 PM Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price = declines. They will be fighting resistance all the way back up. ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great = values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - -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. - ------=_NextPart_000_0114_01C205A1.FAF92260 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi James & Tom,
 
Not to mention things like this in the significant developments = raise=20 enough red flags to stay away from something like ACRT:
 
http://yahoo.marketguide.com/MGI/news.asp?target=3Dstocks%2Fcompanyinfor= mation%2Fnews&Ticker=3DACRT&TEXT=3DCMTX:20020412:102u4338
 
I'm with Tom.....just get in the habit of ignoring stocks with an = RS<60=20 and don't be tempted to bottom fish. Go to Investors.com and read = articles on=20 Fallen Angels and Falling Knives to get the gist.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Monday, May 27, 2002 4:53 = PM
Subject: Re: [CANSLIM] ACRT or = MXT?

H James,

RS of 30 would keep ACRT off my = list
RS of=20 18 would also block MCSI
RS of 9 on NYFX, goodbye
RS of 14 on = MXT -=20 sorry, none would go beyond a first glance for me

all have = recent, and=20 substantial, overhead due to the recent price declines.
They will = be=20 fighting resistance all the way back up.

----- Original Message = -----
From: "James Wang" <jamesjw1@hotmail.com>
To: = <canslim@lists.xmission.com= >
Sent:=20 Monday, May 27, 2002 5:29 PM
Subject: [CANSLIM] ACRT or=20 MXT?




Hi, Just to learn recognizing potential=20 winning
stocks, by their both fundamantals and = technical
analysis. =20 I recently did some research on the following
stocks, and find they = could=20 be great candidates for
longs.  What do you = think:

ACRT: steady=20 earings, low PE and low PEG, high short ratio.

MCSI: good = earings, good=20 values.

NYFX: should be great with economy's = recovery.

MXT:=20 great potential with recovery, over 80% short in floats.  Great=20 = values.

James

_____________________________________________= ____________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.




-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. - ------=_NextPart_000_0114_01C205A1.FAF92260-- - - - -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: Mon, 27 May 2002 17:53:09 -0500 From: "Norman" Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine, shed some light on that point for me. I have seen many companies the subject of law suits in the past for exactly this type of thing: making misleading or false statements during specific time periods, usually just before the stock price tanks. It seems that this happened often after March 2000. How can one tell if a law suit is significant/legitimate or just disgruntled stock holders? Is it significant just because the legal papers have been filed? And, does that trouble extend until the legal action is dismissed? norm - ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 5:14 PM Subject: Re: [CANSLIM] ACRT or MXT? Hi James & Tom, Not to mention things like this in the significant developments raise enough red flags to stay away from something like ACRT: http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation %2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and don't be tempted to bottom fish. Go to Investors.com and read articles on Fallen Angels and Falling Knives to get the gist. Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 4:53 PM Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price declines. They will be fighting resistance all the way back up. ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - -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: Mon, 27 May 2002 19:05:53 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Hi Norman, A class action lawsuit can drag on for years. At the least, it may cause a company to reserve funds for a settlement and legal expenses that could be better used to build the company. If the same officers are still in place, it can cause a loss of confidence in their present day business dealings. But in any case, it puts a negative on the stock. It may be able to overcome the negative and go up in price, but is still affected. If insiders were selling during the class action period, and undoubtedly some did, there may be another lawsuit alleging insider trading. Prior year earnings and sales figures may end up having to be restated, especially if some of those private loans are not paid off. Bottom line, it adds to the uncertainty you already have when investing. - ----- Original Message ----- From: "Norman" To: Sent: Monday, May 27, 2002 6:53 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine, shed some light on that point for me. I have seen many companies the subject of law suits in the past for exactly this type of thing: making misleading or false statements during specific time periods, usually just before the stock price tanks. It seems that this happened often after March 2000. How can one tell if a law suit is significant/legitimate or just disgruntled stock holders? Is it significant just because the legal papers have been filed? And, does that trouble extend until the legal action is dismissed? norm - ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 5:14 PM Subject: Re: [CANSLIM] ACRT or MXT? Hi James & Tom, Not to mention things like this in the significant developments raise enough red flags to stay away from something like ACRT: http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation %2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and don't be tempted to bottom fish. Go to Investors.com and read articles on Fallen Angels and Falling Knives to get the gist. Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 4:53 PM Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price declines. They will be fighting resistance all the way back up. ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - -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: Mon, 27 May 2002 18:15:29 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) This is a multi-part message in MIME format. - ------=_NextPart_000_0122_01C205AA.7B683000 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Norm, I don't know that there's a pat answer to your question. For example, I = owned shares in a local company, PVSW, quite some years ago. The stock = price was doing just grand and then went into a climax run at some = point. CANSLIM rules had me out, which didn't make me all that happy, = because I rather enjoyed asking tough questions at the shareholder's = meetings. But the truth of the matter was, there was trouble afoot that = was evident in the fundamentals and business strategy even before the = stock technically took a dive. The stock dropped from about 35 to zip in = short order, followed by a slew of class action law suits against the = company. Frankly, they were spurious. The company had done nothing to = mislead the investors, as the lawsuits charged, they just weren't doing = a very good job minding the business. In that case, the lawsuits were = meaningless. The problem is, it takes precious resources to defend = against these lawsuits, so if nothing else, it's money out of the = coffers until things are settled. Add that to a "poor perception" and = you have a recipe for a stinky stock. When reading the details of ACRT's lawsuit, it seems plausible that = there's something fishy in the works. If you take a look at the = fundamental summary indicators, ACRT looks pretty grand, but WON always = states that technicals will tell the story long before the "reason" = shows up in the fundamentals and that's reason enough to stay away. All = that in total is enough for me to throw something like this in the = stinky fish pile. Is there a probability it'll all work out and the = stock will climb back up? Yes. Is the probability that it'll work out = higher than for a stock with no red flags, better RS and equivalent = fundamental numbers? No. Katherine ----- Original Message -----=20 From: Norman=20 To: canslim@lists.xmission.com=20 Sent: Monday, May 27, 2002 5:53 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine, shed some light on that point for me. I have seen many companies the subject of law suits in the past for exactly this type of thing: = making misleading or false statements during specific time periods, usually = just before the stock price tanks. It seems that this happened often after = March 2000. How can one tell if a law suit is significant/legitimate or = just disgruntled stock holders? Is it significant just because the legal = papers have been filed? And, does that trouble extend until the legal action = is dismissed? norm ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 5:14 PM Subject: Re: [CANSLIM] ACRT or MXT? Hi James & Tom, Not to mention things like this in the significant developments raise = enough red flags to stay away from something like ACRT: = http://yahoo.marketguide.com/MGI/news.asp?target=3Dstocks%2Fcompanyinform= ation %2Fnews&Ticker=3DACRT&TEXT=3DCMTX:20020412:102u4338 I'm with Tom.....just get in the habit of ignoring stocks with an = RS<60 and don't be tempted to bottom fish. Go to Investors.com and read articles = on Fallen Angels and Falling Knives to get the gist. Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 4:53 PM Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price declines. They will be fighting resistance all the way back up. ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: = http://messenger.msn.com - -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. - ------=_NextPart_000_0122_01C205AA.7B683000 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Norm,
 
I don't know that there's a pat answer to your question. For = example, I=20 owned shares in a local company, PVSW, quite some years ago. The stock = price was=20 doing just grand and then went into a climax run at some point. CANSLIM = rules=20 had me out, which didn't make me all that happy, because I rather = enjoyed asking=20 tough questions at the shareholder's meetings. But the truth of the = matter was,=20 there was trouble afoot that was evident in the fundamentals and = business=20 strategy even before the stock technically took a dive. The stock = dropped from=20 about 35 to zip in short order, followed by a slew of class = action law=20 suits against the company. Frankly, they were spurious. The company had = done=20 nothing to mislead the investors, as the lawsuits charged, they just = weren't=20 doing a very good job minding the business. In that case, the lawsuits = were=20 meaningless. The problem is, it takes precious resources to defend = against these=20 lawsuits, so if nothing else, it's money out of the coffers until things = are=20 settled. Add that to a "poor perception" and you have a recipe for a = stinky=20 stock.
 
When reading the details of ACRT's lawsuit, it seems plausible that = there's=20 something fishy in the works.  If you take a look at the = fundamental=20 summary indicators, ACRT looks pretty grand, but WON always states that=20 technicals will tell the story long before the "reason" shows up in the=20 fundamentals and that's reason enough to stay away. All that in total is = enough=20 for me to throw something like this in the stinky fish pile. Is there a=20 probability it'll all work out and the stock will climb back up? Yes. Is = the=20 probability that it'll work out higher than for a stock with no red = flags,=20 better RS and equivalent fundamental numbers? No.
 
Katherine
----- Original Message -----
From:=20 Norman
Sent: Monday, May 27, 2002 5:53 = PM
Subject: Re: [CANSLIM] Law = Suits (was=20 ACRT or MXT?)

Katherine,

shed some light on that point for = me.  I=20 have seen many companies the
subject of law suits in the past for = exactly=20 this type of thing:  making
misleading or false statements = during=20 specific time periods, usually just
before the stock price = tanks.  It=20 seems that this happened often after March
2000.  How can one = tell if=20 a law suit is significant/legitimate or just
disgruntled stock=20 holders?  Is it significant just because the legal papers
have = been=20 filed?  And, does that trouble extend until the legal action=20 is
dismissed?

norm

----- Original Message = - -----
From:=20 "Katherine Malm" <kmalm@earthlink.net>
To: = <canslim@lists.xmission.com= >
Sent:=20 Monday, May 27, 2002 5:14 PM
Subject: Re: [CANSLIM] ACRT or=20 MXT?


Hi James & Tom,

Not to mention things like = this in=20 the significant developments raise enough
red flags to stay away = from=20 something like ACRT:

http://yahoo.marketguide.com/MGI/news.asp?target=3Dstocks%= 2Fcompanyinformation
%2Fnews&Ticker=3DACRT&TEXT=3DCMTX:200= 20412:102u4338

I'm=20 with Tom.....just get in the habit of ignoring stocks with an RS<60 = and
don't be tempted to bottom fish. Go to Investors.com and read = articles=20 on
Fallen Angels and Falling Knives to get the=20 gist.

Katherine
  ----- Original Message = - -----
  From:=20 Tom Worley
  To: canslim@lists.xmission.com=
 =20 Sent: Monday, May 27, 2002 4:53 PM
  Subject: Re: [CANSLIM] = ACRT or=20 MXT?


  H James,

  RS of 30 would keep ACRT = off my=20 list
  RS of 18 would also block MCSI
  RS of 9 on = NYFX,=20 goodbye
  RS of 14 on MXT - sorry, none would go beyond a = first glance=20 for me

  all have recent, and substantial, overhead due to = the=20 recent price
declines.
  They will be fighting resistance = all the=20 way back up.

  ----- Original Message -----
  = From: "James=20 Wang" <jamesjw1@hotmail.com>
&nbs= p; To:=20 <canslim@lists.xmission.com= >
 =20 Sent: Monday, May 27, 2002 5:29 PM
  Subject: [CANSLIM] ACRT = or=20 MXT?




  Hi, Just to learn recognizing potential = winning
  stocks, by their both fundamantals and = technical
 =20 analysis.  I recently did some research on the = following
 =20 stocks, and find they could be great candidates for
  = longs. =20 What do you think:

  ACRT: steady earings, low PE and low = PEG,=20 high short ratio.

  MCSI: good earings, good = values.

 =20 NYFX: should be great with economy's recovery.

  MXT: = great=20 potential with recovery, over 80% short in floats. =20 Great
values.

  James

 =20 = _________________________________________________________________
&nbs= p;=20 Chat with friends online, try MSN Messenger: http://messenger.msn.com

 =20 -
  -To subscribe/unsubscribe, email "majordomo@xmission.com"
&nb= sp; -In=20 the email body, write "subscribe canslim" or
  -"unsubscribe=20 canslim".  Do not use quotes in your = email.




 =20 -
  -To subscribe/unsubscribe, email "majordomo@xmission.com"
&nb= sp; -In=20 the email body, write "subscribe canslim" or
  -"unsubscribe=20 canslim".  Do not use quotes in your = email.



-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. - ------=_NextPart_000_0122_01C205AA.7B683000-- - - - -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: Mon, 27 May 2002 18:26:36 -0500 From: "Norman" Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Thanks Tom and Katherine. Public perception and financial resources to fight law suits are certainly important items in my book. I wonder how a legitimate company gets it's money back after fighting off spurious class action legal actions? Seems a bit unfair to stock holders to have to eat those financial burdens. Life is tough :-) norm It's a dog-eat-dog world, and I'm wearing Milk Bone underwear (Norm of Cheers) - ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 6:15 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Hi Norm, I don't know that there's a pat answer to your question. For example, I owned shares in a local company, PVSW, quite some years ago. The stock price was doing just grand and then went into a climax run at some point. CANSLIM rules had me out, which didn't make me all that happy, because I rather enjoyed asking tough questions at the shareholder's meetings. But the truth of the matter was, there was trouble afoot that was evident in the fundamentals and business strategy even before the stock technically took a dive. The stock dropped from about 35 to zip in short order, followed by a slew of class action law suits against the company. Frankly, they were spurious. The company had done nothing to mislead the investors, as the lawsuits charged, they just weren't doing a very good job minding the business. In that case, the lawsuits were meaningless. The problem is, it takes precious resources to defend against these lawsuits, so if nothing else, it's money out of the coffers until things are settled. Add that to a "poor perception" and you have a recipe for a stinky stock. When reading the details of ACRT's lawsuit, it seems plausible that there's something fishy in the works. If you take a look at the fundamental summary indicators, ACRT looks pretty grand, but WON always states that technicals will tell the story long before the "reason" shows up in the fundamentals and that's reason enough to stay away. All that in total is enough for me to throw something like this in the stinky fish pile. Is there a probability it'll all work out and the stock will climb back up? Yes. Is the probability that it'll work out higher than for a stock with no red flags, better RS and equivalent fundamental numbers? No. Katherine ----- Original Message ----- From: Norman To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 5:53 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine, shed some light on that point for me. I have seen many companies the subject of law suits in the past for exactly this type of thing: making misleading or false statements during specific time periods, usually just before the stock price tanks. It seems that this happened often after March 2000. How can one tell if a law suit is significant/legitimate or just disgruntled stock holders? Is it significant just because the legal papers have been filed? And, does that trouble extend until the legal action is dismissed? norm ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 5:14 PM Subject: Re: [CANSLIM] ACRT or MXT? Hi James & Tom, Not to mention things like this in the significant developments raise enough red flags to stay away from something like ACRT: http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation %2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and don't be tempted to bottom fish. Go to Investors.com and read articles on Fallen Angels and Falling Knives to get the gist. Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 4:53 PM Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price declines. They will be fighting resistance all the way back up. ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - -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: Mon, 27 May 2002 19:31:44 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) many public companies (and private ones presumably as well) do carry insurance that will help cover some of the costs of lawsuits, and likely some of the legal expenses as well. Otherwise, I doubt very many recover any of their legal costs. - ----- Original Message ----- From: "Norman" To: Sent: Monday, May 27, 2002 7:26 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Thanks Tom and Katherine. Public perception and financial resources to fight law suits are certainly important items in my book. I wonder how a legitimate company gets it's money back after fighting off spurious class action legal actions? Seems a bit unfair to stock holders to have to eat those financial burdens. Life is tough :-) norm It's a dog-eat-dog world, and I'm wearing Milk Bone underwear (Norm of Cheers) - ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 6:15 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Hi Norm, I don't know that there's a pat answer to your question. For example, I owned shares in a local company, PVSW, quite some years ago. The stock price was doing just grand and then went into a climax run at some point. CANSLIM rules had me out, which didn't make me all that happy, because I rather enjoyed asking tough questions at the shareholder's meetings. But the truth of the matter was, there was trouble afoot that was evident in the fundamentals and business strategy even before the stock technically took a dive. The stock dropped from about 35 to zip in short order, followed by a slew of class action law suits against the company. Frankly, they were spurious. The company had done nothing to mislead the investors, as the lawsuits charged, they just weren't doing a very good job minding the business. In that case, the lawsuits were meaningless. The problem is, it takes precious resources to defend against these lawsuits, so if nothing else, it's money out of the coffers until things are settled. Add that to a "poor perception" and you have a recipe for a stinky stock. When reading the details of ACRT's lawsuit, it seems plausible that there's something fishy in the works. If you take a look at the fundamental summary indicators, ACRT looks pretty grand, but WON always states that technicals will tell the story long before the "reason" shows up in the fundamentals and that's reason enough to stay away. All that in total is enough for me to throw something like this in the stinky fish pile. Is there a probability it'll all work out and the stock will climb back up? Yes. Is the probability that it'll work out higher than for a stock with no red flags, better RS and equivalent fundamental numbers? No. Katherine ----- Original Message ----- From: Norman To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 5:53 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine, shed some light on that point for me. I have seen many companies the subject of law suits in the past for exactly this type of thing: making misleading or false statements during specific time periods, usually just before the stock price tanks. It seems that this happened often after March 2000. How can one tell if a law suit is significant/legitimate or just disgruntled stock holders? Is it significant just because the legal papers have been filed? And, does that trouble extend until the legal action is dismissed? norm ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, May 27, 2002 5:14 PM Subject: Re: [CANSLIM] ACRT or MXT? Hi James & Tom, Not to mention things like this in the significant developments raise enough red flags to stay away from something like ACRT: http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation %2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and don't be tempted to bottom fish. Go to Investors.com and read articles on Fallen Angels and Falling Knives to get the gist. Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Monday, May 27, 2002 4:53 PM Subject: Re: [CANSLIM] ACRT or MXT? H James, RS of 30 would keep ACRT off my list RS of 18 would also block MCSI RS of 9 on NYFX, goodbye RS of 14 on MXT - sorry, none would go beyond a first glance for me all have recent, and substantial, overhead due to the recent price declines. They will be fighting resistance all the way back up. ----- Original Message ----- From: "James Wang" To: Sent: Monday, May 27, 2002 5:29 PM Subject: [CANSLIM] ACRT or MXT? Hi, Just to learn recognizing potential winning stocks, by their both fundamantals and technical analysis. I recently did some research on the following stocks, and find they could be great candidates for longs. What do you think: ACRT: steady earings, low PE and low PEG, high short ratio. MCSI: good earings, good values. NYFX: should be great with economy's recovery. MXT: great potential with recovery, over 80% short in floats. Great values. James _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - -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. ------------------------------ End of canslim-digest V2 #2456 ****************************** 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.