From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3049 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 Saturday, November 23 2002 Volume 02 : Number 3049 In this issue: Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting [CANSLIM] NXTL, SXT Re: [CANSLIM] NXTL, SXT Re: [CANSLIM] M Re: [CANSLIM] Shorting Re: [CANSLIM] WGO Re: [CANSLIM] What's with KLIC??? Re: [CANSLIM] What's with KLIC??? ---------------------------------------------------------------------- Date: Sat, 23 Nov 2002 12:58:31 -0500 From: "Winston Little" Subject: Re: [CANSLIM] Shorting This is a multi-part message in MIME format. - ------=_NextPart_000_0048_01C292F0.060CBE60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Two points: 1. He who sells what is'nt hisn' Must buy it back or go to prison. 2. NEVER short a dull market! ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Friday, November 22, 2002 3:16 PM Subject: [CANSLIM] Shorting I'm trying to develop a training module on shorting for our local user = group and want to start with an outline. I would really appreciate your = inputs on the minimum concepts that an investor must know before adding = shorting to their bag of tricks? Thanks in advance, Gene - ------=_NextPart_000_0048_01C292F0.060CBE60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Two points:
 
1. He who sells what is'nt hisn'
Must buy it back or go to prison.
 
2. NEVER short a dull market!
----- Original Message -----
From:=20 Gene = Ricci
To: canslim@lists.xmission.com=
Sent: Friday, November 22, 2002 = 3:16=20 PM
Subject: [CANSLIM] = Shorting

I'm trying to develop a training = module on=20 shorting for our local user group and want to start with an outline. I = would=20 really appreciate your inputs on the minimum concepts that an = investor=20 must know before adding shorting to their bag of tricks?

Thanks = in=20 advance,
Gene

- ------=_NextPart_000_0048_01C292F0.060CBE60-- - - - -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: Sat, 23 Nov 2002 13:29:52 -0600 From: Gene Ricci Subject: Re: [CANSLIM] Shorting This is a multi-part message in MIME format. - ------=_NextPart_000_0168_01C292F4.672775B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Winston/Tom/Patrick/David/Curt Thanks for your inputs, Gene ----- Original Message -----=20 From: Winston Little=20 To: canslim@lists.xmission.com=20 Sent: Saturday, November 23, 2002 11:58 AM Subject: Re: [CANSLIM] Shorting Two points: 1. He who sells what is'nt hisn' Must buy it back or go to prison. 2. NEVER short a dull market! ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Friday, November 22, 2002 3:16 PM Subject: [CANSLIM] Shorting I'm trying to develop a training module on shorting for our local = user group and want to start with an outline. I would really appreciate = your inputs on the minimum concepts that an investor must know before = adding shorting to their bag of tricks? Thanks in advance, Gene - ------=_NextPart_000_0168_01C292F4.672775B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Winston/Tom/Patrick/David/Curt
 
Thanks for your inputs,
 
Gene
----- Original Message -----
From:=20 Winston=20 Little
To: canslim@lists.xmission.com=
Sent: Saturday, November 23, = 2002 11:58=20 AM
Subject: Re: [CANSLIM] = Shorting

Two points:
 
1. He who sells what is'nt hisn'
Must buy it back or go to prison.
 
2. NEVER short a dull market!
----- Original Message -----
From:=20 Gene = Ricci
Sent: Friday, November 22, = 2002 3:16=20 PM
Subject: [CANSLIM] = Shorting

I'm trying to develop a training = module on=20 shorting for our local user group and want to start with an outline. = I would=20 really appreciate your inputs on the minimum concepts that an = investor=20 must know before adding shorting to their bag of = tricks?

Thanks in=20 = advance,
Gene

- ------=_NextPart_000_0168_01C292F4.672775B0-- - - - -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: Sat, 23 Nov 2002 17:14:24 EST From: Vanchee1@aol.com Subject: [CANSLIM] NXTL, SXT Looking for a little feed back, but heres my thoughts, thinking about buying these two Mon. SXT 84/90 BAA, I like the chart, not too extended at this point. Volume has been slightly higher but not real great. Earning are good and they have been buying smaller companies that will provide some synergies. I know there are 47 mil shares outstanding but do not know what the float is, if anyone has a link to where I can find the float on different companies please post, thanks. NXTL 80/99 ADA, chart also looks good, earnings are getting better, and the company is doing a good job of paying down dept. Any feed back is appreciated. Thanks Chris - - - -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: Sat, 23 Nov 2002 17:14:09 -0800 From: "NANCY POLCARO" Subject: Re: [CANSLIM] NXTL, SXT - ------=_NextPart_001_0000_01C29313.BC3448C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable If you go to msn.com toward bottom of page shows stock info. Put in your = stock symbol and it will bring up a quote page. In the left hand column n= ear the bottom you can click on ownership and it will go to a page with a= drop menu, this menu shows Funds, institutions, 5% ownership. Above tha= t will show float. Hope this is what you want. =20 =20 - ----- Original Message ----- From: Vanchee1@aol.com Sent: Saturday, November 23, 2002 2:15 PM To: canslim@lists.xmission.com Subject: [CANSLIM] NXTL, SXT =20 Looking for a little feed back, but heres my thoughts, thinking about buy= ing =20 these two Mon. SXT 84/90 BAA, I like the chart, not too extended at this point. Volume h= as =20 been slightly higher but not real great. Earning are good and they have b= een =20 buying smaller companies that will provide some synergies. I know there a= re =20 47 mil shares outstanding but do not know what the float is, if anyone ha= s a =20 link to where I can find the float on different companies please post, =20 thanks. NXTL 80/99 ADA, chart also looks good, earnings are getting better, and t= he =20 company is doing a good job of paying down dept. Any feed back is appreciated. Thanks Chris - - - -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_001_0000_01C29313.BC3448C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
If you go to m= sn.com toward bottom of page shows stock info. Put in your stock symbol a= nd it will bring up a quote page. In the left hand column near the bottom= you can click on ownership and it will go to a page with a drop menu, th= is menu shows  Funds, institutions, 5% ownership. Above th= at will show float. Hope this is what you want.
 
=
----- Original Message -----
From: Vanchee1@aol.co= m
Sent: Saturday, November 2= 3, 2002 2:15 PM
To: canslim@= lists.xmission.com
Subject: = [CANSLIM] NXTL, SXT
 
Looking for a little feed back= , but heres my thoughts, thinking about buying
these two Mon.
SXT = 84/90 BAA, I like the chart, not too extended at this point. Volume has <= BR>been slightly higher but not real great. Earning are good and they hav= e been
buying smaller companies that will provide some synergies. I k= now there are
47 mil shares outstanding but do not know what the floa= t is, if anyone has a
link to where I can find the float on different= companies please post,
thanks.

NXTL 80/99 ADA, chart also loo= ks good, earnings are getting better, and the
company is doing a good= job of paying down dept.

Any feed back is appreciated.

Tha= nks Chris

-
-To subscribe/unsubscribe, email "majordomo@xmissio= n.com"
-In the email body, write "subscribe canslim" or
-"unsubscri= be canslim".  Do not use quotes in your email.
- ------=_NextPart_001_0000_01C29313.BC3448C0-- - - - -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: Sat, 23 Nov 2002 20:33:54 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] M Edward: What gives me pause about the near future strength of the market is=20 this: The Investor's Intelligence Bullish Advisors are at 50%; the Bearish=20 Advisors are below 30%. These %s are very near bearish levels (based on pas= t=20 experience with the percentages). This indicator, by the way, is in a=20 graphic at the bottom of The Big Picture page in IBD. =20 Also, all the indexes on the page are near a falling or leveling 200 da= y=20 MA. =20 jans In a message dated 11/21/2002 4:27:56 PM Eastern Standard Time,=20 ed@macktracks.com writes: << We have found this recent rise to be of great interest. What we found over the prior 34 months that when we bought leaders and were then forced to sell - the next time any opportunities came to buy again was at least 2-4 months later. This last time around =E2=80=93 it was 4 weeks. This meant, in our opinion, that sellers were losing control. We are now approximately 30% invested and climbing. During a CANSLIM seminar with WON, one thing has stood out at us. WON mentioned that there are very, very few perfect CANSLIM candidates. We try to use weight of the evidence. This is not a pick and chose rule, but if things are not perfect, what would tip the scales for us to purchase. One big item which I hope starts its own life as a thread is position sizing. We began purchasing =C2=BD positions to place a toe in the water. As stocks came under some pressure, we then added to positions at key technical points. We believe last Friday was a turning point for the markets. On the weekly television/internet show I participate in, I mentioned how well the market reacted to negative news. Intel downgrade, bad economic numbers, etc. The Michigan consumer sentiment provided a boost, but the market did not buckle to all the bad news, very impressive. Our firm held client seminars on September 18 and 21st titled the =E2=80=9CEnd is Ne= ar=E2=80=9D. This was the first time since Oct =E2=80=9999 that we have been positive on= the market. The name of the seminar was an attention getter, but the message was clear. We believe, as we do today, that there is a cyclical (short-term, 3-6 month) opportunity here to make some money in the market. We are still in a secular bear market until we are proven otherwise. But in the meantime, we are buying. As always, I am very impressed with the depth of knowledge this group brings to the table. As this market heats up, I look forward to reading all your comments. =20 =20 =20 Ed Gjertsen II >> - - - -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: Sat, 23 Nov 2002 18:47:30 -0700 From: "rolf hertenstein" Subject: Re: [CANSLIM] Shorting This is a multi-part message in MIME format. - ------=_NextPart_000_0055_01C29320.C6F0C6A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable OK, I give up. How do you define a "dull" market? Thanks! Rolf ----- Original Message -----=20 From: Winston Little=20 To: canslim@lists.xmission.com=20 Sent: Saturday, November 23, 2002 10:58 AM Subject: Re: [CANSLIM] Shorting Two points: 1. He who sells what is'nt hisn' Must buy it back or go to prison. 2. NEVER short a dull market! ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Friday, November 22, 2002 3:16 PM Subject: [CANSLIM] Shorting I'm trying to develop a training module on shorting for our local = user group and want to start with an outline. I would really appreciate = your inputs on the minimum concepts that an investor must know before = adding shorting to their bag of tricks? Thanks in advance, Gene - ------=_NextPart_000_0055_01C29320.C6F0C6A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
OK, I give up.  How do you define = a "dull"=20 market?
 
Thanks!
 Rolf
----- Original Message -----
From:=20 Winston=20 Little
Sent: Saturday, November 23, = 2002 10:58=20 AM
Subject: Re: [CANSLIM] = Shorting

Two points:
 
1. He who sells what is'nt hisn'
Must buy it back or go to prison.
 
2. NEVER short a dull market!
----- Original Message -----
From:=20 Gene = Ricci
Sent: Friday, November 22, = 2002 3:16=20 PM
Subject: [CANSLIM] = Shorting

I'm trying to develop a training = module on=20 shorting for our local user group and want to start with an outline. = I would=20 really appreciate your inputs on the minimum concepts that an = investor=20 must know before adding shorting to their bag of = tricks?

Thanks in=20 = advance,
Gene

- ------=_NextPart_000_0055_01C29320.C6F0C6A0-- - - - -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: Sat, 23 Nov 2002 19:51:02 -0500 From: Arthur Kay Subject: Re: [CANSLIM] WGO - ----- Original Message ----- From: "Robin Gridley" To: Sent: Monday, November 18, 2002 6:37 PM Subject: RE: [CANSLIM] WGO > Karen - > > I agree with Tom in that I'm not too worried about a big > bump in gas prices. Two main reasons... > 1) Oil expenditures are only 3.5% of GDP as compared to 8% > during the '73 shock. > 2) Even though oil imports are up a third from '73, we're now > spreading the wealth much wider (Mexico, Russia, Venezuala, etc.) > We're only getting 10% of total domestic consumption from the > area slated to be affected by a Gulf war. > > Even if there's a brief spike (which I doubt), even if exacerbated > by successful terrorist action against pipelines or other logistics, > I can't see it lasting long enough to hold any real implications > for prices. Especially with the proclivity of the feds to bleed > the reserve at the slightest sign of squawking from the gas > guzzlers... > > [start soapbox] > > Now... that having been said, the economist in me would at times > like to see gas prices better reflect the real costs of consumption, > as I'm a firm believer in the importance of "price" to reguluate the > demand side of "price equilibrium." > > Living in a state that's running a $10B deficit and can't seem > to find enough money to fix potholes even with one of the highest > state tax rates and and a top 10 global economy, the complete lack > of willingness to carry total costs of consumption through to > the consumer (either by letting prices at least rise with inflation > or use of a consumption tax with funds strictly earmarked to offset > related costs) gives me a headache. But I guess there are just > too many d@mn trial attorneys driving around in Escalades for > that to ever happen..... ;-) > > [end soapbox!!!!] > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Karen White > Sent: Monday, November 18, 2002 4:28 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] WGO > > > Hi Robin- I too have been looking at some RV stocks and my concern has been > - War = higher gas prices= Stock drops with little warning.....your take on > that? Karen > > At 09:12 PM 11/17/2002 -0800, you wrote: > >I've been looking at WGO... > > > >Even though it shows a Cw/H, am I correct in being > >worried about the $48 support level that's been set > >almost three times while forming the cup ($48.05, > >$48.60 and the pivot @ $49) I am guessing I should > >look for VERY strong volume on the BO before > >committing in order to break through and hold above > >these support levels??? > > > >Thx! > > > >Robin > > > > > >- > >-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: Sat, 23 Nov 2002 19:50:57 -0500 From: Arthur Kay Subject: Re: [CANSLIM] What's with KLIC??? This is a multi-part message in MIME format. - --Boundary_(ID_M3lgM48hMjFW4o8xzJheVg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT ----- Original Message ----- From: Bob Raible To: canslim@lists.xmission.com Sent: Friday, November 22, 2002 7:35 PM Subject: [CANSLIM] What's with KLIC??? Up over 50% on high volume in two days, not long after a couple of downgrades. What gives? Tom Worley wrote: Hi Ian, With the Republicans in control, defense contractors will benefit for the next two years anyway. It will cover all materials, from boots to guns to software, but the greatest increase in spending will be among technology. I expect this to include both hardware such as smart bombs, cruise missiles and other stand off type weaponry, as well as anti-terrorist software such as network and PC level security. The reorganization of 26 different agencies into the new Homeland Defense agency will likely disrupt normal spending patterns. But then, once again Congress has failed to pass the required budgets for most agencies, and don't plan to do so until after the new Congress reconvenes in January. So most agencies are still operating on last year's budget, so little new spending will develop for some time. ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Friday, November 22, 2002 2:36 AM Subject: Re: [CANSLIM] M Hi Tom: I guess I was thinking of physical, defense-related security. If you are referring to tech security such as securing networks, PC's etc..., I'm sure they must have all done well today, as today was reminiscent of late 1999 for tech stocks. I was thinking of small companies that are going to benefit from the coming government spending spree. I suspect I am a little early to this game, and need to give it more time to play out. Ian ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Thursday, November 21, 2002 8:52 PM Subject: Re: [CANSLIM] M Ian, my security stocks did quite nicely today, as did my IT stocks in my VR Fund. ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Thursday, November 21, 2002 4:23 PM Subject: [CANSLIM] M Is anyone else finding any "NEW" winners emerging from this buying frenzy? It seems to me that several recent rally leaders are rolling over ugly today - HITK, LCI, ACET - while the indices power ahead, propelled by the most heavily shorted isues. It is also baffling to me that the sectors that stand to benefit the most from coming increases in government spending - the defense and security sector - are watching this action from the sideline as well. So am I mising the new leaders of the bull, or is this just shot-term traders using liquidity to squeeze heavily shorted positions? Opinions? Whither 'M'? Ian Bob Raible Sunny San Jose,CA - ------------------------------------------------------------------------------ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now - --Boundary_(ID_M3lgM48hMjFW4o8xzJheVg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
 
----- Original Message -----
From: Bob Raible
Sent: Friday, November 22, 2002 7:35 PM
Subject: [CANSLIM] What's with KLIC???

Up over 50% on high volume in two days, not long after a couple of downgrades. What gives?

 Tom Worley <stkguru@bellsouth.net> wrote:

Hi Ian,
 
With the Republicans in control, defense contractors will benefit for the next two years anyway. It will cover all materials, from boots to guns to software, but the greatest increase in spending will be among technology. I expect this to include both hardware such as smart bombs, cruise missiles and other stand off type weaponry, as well as anti-terrorist software such as network and PC level security. The reorganization of 26 different agencies into the new Homeland Defense agency will likely disrupt normal spending patterns. But then, once again Congress has failed to pass the required budgets for most agencies, and don't plan to do so until after the new Congress reconvenes in January. So most agencies are still operating on last year's budget, so little new spending will develop for some time.
 
----- Original Message -----
From: Ian
Sent: Friday, November 22, 2002 2:36 AM
Subject: Re: [CANSLIM] M

Hi Tom:
 
I guess I was thinking of physical, defense-related security. If you are referring to tech security such as securing networks, PC's etc..., I'm sure they must have all done well today, as today was reminiscent of late 1999 for tech stocks.
 
I was thinking of small companies that are going to benefit from the coming government spending spree. I suspect I am a little early to this game, and need to give it more time to play out.
 
Ian
 
 
----- Original Message -----
From: Tom Worley
Sent: Thursday, November 21, 2002 8:52 PM
Subject: Re: [CANSLIM] M

Ian, my security stocks did quite nicely today, as did my IT stocks in my VR Fund.
 
----- Original Message -----
From: Ian
Sent: Thursday, November 21, 2002 4:23 PM
Subject: [CANSLIM] M

Is anyone else finding any "NEW" winners emerging from this buying frenzy?
 
It seems to me that several recent rally leaders are rolling over ugly today - HITK, LCI, ACET - while the indices power ahead, propelled by the most heavily shorted isues.
 
It is also baffling to me that the sectors that stand to benefit the most from coming increases in government spending - the defense and security sector - are watching this action from the sideline as well.
 
So am I mising the new leaders of the bull, or is this just shot-term traders using liquidity to squeeze heavily shorted positions? Opinions? Whither 'M'?
 
Ian


Bob Raible
Sunny San Jose,CA


Do you Yahoo!?
Yahoo! Mail Plus - Powerful. Affordable. Sign up now
- --Boundary_(ID_M3lgM48hMjFW4o8xzJheVg)-- - - - -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: Sat, 23 Nov 2002 19:50:51 -0500 From: Arthur Kay Subject: Re: [CANSLIM] What's with KLIC??? This is a multi-part message in MIME format. - --Boundary_(ID_LQAdXxgq0l9jLwja2igtkg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Friday, November 22, 2002 7:43 PM Subject: Re: [CANSLIM] What's with KLIC??? Bob, when a stock loses over 90% of its value in less than a year, a dead cat bounce is common. And when you have gone from over $21 to under $2, any "rally" can show impressive returns for the short term period. On the other hand, after this 50% gain you mention, it can still triple, yet leave investors that bought earlier this year with a 15% loss. It has a non-standard fiscal year, ended September. And its Q4 was a disaster with over a $3 per share loss recorded. I would assume, since I will not bother with any research, that they wrote off a lot of stuff in that quarter. Still, forecasts are for losing another dollar during the current year, so doesn't meet any CANSLIM I know of, including its current Group RS of D minus. ----- Original Message ----- From: Bob Raible To: canslim@lists.xmission.com Sent: Friday, November 22, 2002 7:35 PM Subject: [CANSLIM] What's with KLIC??? Up over 50% on high volume in two days, not long after a couple of downgrades. What gives? Tom Worley wrote: Hi Ian, With the Republicans in control, defense contractors will benefit for the next two years anyway. It will cover all materials, from boots to guns to software, but the greatest increase in spending will be among technology. I expect this to include both hardware such as smart bombs, cruise missiles and other stand off type weaponry, as well as anti-terrorist software such as network and PC level security. The reorganization of 26 different agencies into the new Homeland Defense agency will likely disrupt normal spending patterns. But then, once again Congress has failed to pass the required budgets for most agencies, and don't plan to do so until after the new Congress reconvenes in January. So most agencies are still operating on last year's budget, so little new spending will develop for some time. ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Friday, November 22, 2002 2:36 AM Subject: Re: [CANSLIM] M Hi Tom: I guess I was thinking of physical, defense-related security. If you are referring to tech security such as securing networks, PC's etc..., I'm sure they must have all done well today, as today was reminiscent of late 1999 for tech stocks. I was thinking of small companies that are going to benefit from the coming government spending spree. I suspect I am a little early to this game, and need to give it more time to play out. Ian ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Thursday, November 21, 2002 8:52 PM Subject: Re: [CANSLIM] M Ian, my security stocks did quite nicely today, as did my IT stocks in my VR Fund. ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Thursday, November 21, 2002 4:23 PM Subject: [CANSLIM] M Is anyone else finding any "NEW" winners emerging from this buying frenzy? It seems to me that several recent rally leaders are rolling over ugly today - HITK, LCI, ACET - while the indices power ahead, propelled by the most heavily shorted isues. It is also baffling to me that the sectors that stand to benefit the most from coming increases in government spending - the defense and security sector - are watching this action from the sideline as well. So am I mising the new leaders of the bull, or is this just shot-term traders using liquidity to squeeze heavily shorted positions? Opinions? Whither 'M'? Ian Bob Raible Sunny San Jose,CA - ------------------------------------------------------------------------------ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now - --Boundary_(ID_LQAdXxgq0l9jLwja2igtkg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
 
----- Original Message -----
From: Tom Worley
Sent: Friday, November 22, 2002 7:43 PM
Subject: Re: [CANSLIM] What's with KLIC???

Bob, when a stock loses over 90% of its value in less than a year, a dead cat bounce is common. And when you have gone from over $21 to under $2, any "rally" can show impressive returns for the short term period. On the other hand, after this 50% gain you mention, it can still triple, yet leave investors that bought earlier this year with a 15% loss.
 
It has a non-standard fiscal year, ended September. And its Q4 was a disaster with over a $3 per share loss recorded. I would assume, since I will not bother with any research, that they wrote off a lot of stuff in that quarter. Still, forecasts are for losing another dollar during the current year, so doesn't meet any CANSLIM I know of, including its current Group RS of D minus.
 
----- Original Message -----
From: Bob Raible
Sent: Friday, November 22, 2002 7:35 PM
Subject: [CANSLIM] What's with KLIC???

Up over 50% on high volume in two days, not long after a couple of downgrades. What gives?

 Tom Worley <stkguru@bellsouth.net> wrote:

Hi Ian,
 
With the Republicans in control, defense contractors will benefit for the next two years anyway. It will cover all materials, from boots to guns to software, but the greatest increase in spending will be among technology. I expect this to include both hardware such as smart bombs, cruise missiles and other stand off type weaponry, as well as anti-terrorist software such as network and PC level security. The reorganization of 26 different agencies into the new Homeland Defense agency will likely disrupt normal spending patterns. But then, once again Congress has failed to pass the required budgets for most agencies, and don't plan to do so until after the new Congress reconvenes in January. So most agencies are still operating on last year's budget, so little new spending will develop for some time.
 
----- Original Message -----
From: Ian
Sent: Friday, November 22, 2002 2:36 AM
Subject: Re: [CANSLIM] M

Hi Tom:
 
I guess I was thinking of physical, defense-related security. If you are referring to tech security such as securing networks, PC's etc..., I'm sure they must have all done well today, as today was reminiscent of late 1999 for tech stocks.
 
I was thinking of small companies that are going to benefit from the coming government spending spree. I suspect I am a little early to this game, and need to give it more time to play out.
 
Ian
 
 
----- Original Message -----
From: Tom Worley
Sent: Thursday, November 21, 2002 8:52 PM
Subject: Re: [CANSLIM] M

Ian, my security stocks did quite nicely today, as did my IT stocks in my VR Fund.
 
----- Original Message -----
From: Ian
Sent: Thursday, November 21, 2002 4:23 PM
Subject: [CANSLIM] M

Is anyone else finding any "NEW" winners emerging from this buying frenzy?
 
It seems to me that several recent rally leaders are rolling over ugly today - HITK, LCI, ACET - while the indices power ahead, propelled by the most heavily shorted isues.
 
It is also baffling to me that the sectors that stand to benefit the most from coming increases in government spending - the defense and security sector - are watching this action from the sideline as well.
 
So am I mising the new leaders of the bull, or is this just shot-term traders using liquidity to squeeze heavily shorted positions? Opinions? Whither 'M'?
 
Ian


Bob Raible
Sunny San Jose,CA


Do you Yahoo!?
Yahoo! Mail Plus - Powerful. Affordable. Sign up now
- --Boundary_(ID_LQAdXxgq0l9jLwja2igtkg)-- - - - -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 #3049 ****************************** 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.