From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #602 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, May 15 1999 Volume 02 : Number 602 In this issue: [CANSLIM] FDS [CANSLIM] psun [CANSLIM] Breakout SANM (was Re: [CANSLIM] Breakout) Re: [CANSLIM] FDS Re: [CANSLIM] psun + "Price Target"? [CANSLIM] ETH B/O [CANSLIM] "Price Target"? Re: [CANSLIM] "Price Target"? [CANSLIM] Totally off topic [CANSLIM] Changing your canslim subscription ---------------------------------------------------------------------- Date: Thu, 13 May 1999 23:58:12 -0400 From: "David Barash" Subject: [CANSLIM] FDS FDS looks like a perfect cup and handle. Any views from the group? EPS 98 RS 93. Is it a CANSLIM? David Barash dbarash@massmed.org - - ------------------------------ Date: Thu, 13 May 1999 22:14:43 -0800 From: "Patrick Wahl" Subject: [CANSLIM] psun Noticed that Pacific Sunwear (PSUN) is forming a constructive chart pattern, although the cup is deeper than it should be. The numbers in the IBD were all good, with 3 A's in the GRS, A/D, and Sales etc. columns. They reported earning this week, don't have the numbers, but pretty good. - - ------------------------------ Date: Fri, 14 May 1999 07:06:25 +0100 From: "Marc Laniado" Subject: [CANSLIM] Breakout Hi guy's, take a look at SANM which broke out Marc E Laniado marclaniado@msn.com - - ------------------------------ Date: Fri, 14 May 1999 06:50:53 -0400 From: "Tom Worley" Subject: SANM (was Re: [CANSLIM] Breakout) Hi Marc, One thing I noticed is that sales are growing much faster than earnings/share. There may have been a stock split that would account for this, but I would want to be able to answer this before buying. Example: for the current qtr (3rd) last year, they earned 40 cents on 114 mil in sales. For the just ended Q2 this year, they earned 47 cents on 281 mil in sales. Year to year growth still respectable, however you may want to check the actual dollar amount of sales (as opposed to per share amounts) and verify that the earnings efficiency hasn't deteriorated. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Marc Laniado To: CANSLIM DISCUSSION LIST Date: Friday, May 14, 1999 2:00 AM Subject: [CANSLIM] Breakout Hi guy's, take a look at SANM which broke out Marc E Laniado marclaniado@msn.com - - - - ------------------------------ Date: Fri, 14 May 1999 07:03:20 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] FDS Hi David, I agree, this one looks good. I also agree that, having gone from around 18 last Oct to a recent high of 54, the cup is about twice as deep as I would prefer. However, it has completely recovered from that correction/profit taking, and is forming a nice handle with volume appropriately drying up. Funds own more (25%) than I would prefer, but that is of an already reduced float (9.2 mil shares) as management still is reported owned 39% of the total issue. Well worth watching for a breakout, good find. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: David Barash To: canslim@lists.xmission.com Date: Friday, May 14, 1999 12:00 AM Subject: [CANSLIM] FDS FDS looks like a perfect cup and handle. Any views from the group? EPS 98 RS 93. Is it a CANSLIM? David Barash dbarash@massmed.org - - - - ------------------------------ Date: Fri, 14 May 1999 13:00:26 GMT From: musicant@pacbell.net (Dan Musicant) Subject: Re: [CANSLIM] psun + "Price Target"? On Thu, 13 May 1999 22:14:43 -0800, you wrote: :Noticed that Pacific Sunwear (PSUN) is forming a constructive=20 :chart pattern, although the cup is deeper than it should be. The=20 :numbers in the IBD were all good, with 3 A's in the GRS, A/D, and=20 :Sales etc. columns. They reported earning this week, don't have=20 :the numbers, but pretty good. : Depends what you call the cup. If you mean that dip around the end of 1998, it looks like the company almost went under. :) Really, that looks scary. However, it does look promising now. I just looked at the earnings news and it's good. http://biz.yahoo.com/rf/990512/bjh.html Another question: An analyst has put a "price target" on this stock at $50/share. I've seen this type of info bandied about for some time, and I've never seen a definition of what a price target is. Obviously, saying the xyz stock at $57/share is price targeted at $80 means little if you do not have a time frame. Is there an implicit end of year or one year time frame when such *predictions* are made?=20 Dan - - ------------------------------ Date: Fri, 14 May 1999 09:16:11 -0700 From: "Peter Newell" Subject: [CANSLIM] ETH B/O Ethan Allen Broke out yesterday its EPS 90 RS 84 GS 65 and moving up - -----Original Message----- From: Dan Musicant To: canslim@lists.xmission.com Date: Friday, May 14, 1999 6:01 AM Subject: Re: [CANSLIM] psun + "Price Target"? On Thu, 13 May 1999 22:14:43 -0800, you wrote: :Noticed that Pacific Sunwear (PSUN) is forming a constructive :chart pattern, although the cup is deeper than it should be. The :numbers in the IBD were all good, with 3 A's in the GRS, A/D, and :Sales etc. columns. They reported earning this week, don't have :the numbers, but pretty good. : Depends what you call the cup. If you mean that dip around the end of 1998, it looks like the company almost went under. :) Really, that looks scary. However, it does look promising now. I just looked at the earnings news and it's good. http://biz.yahoo.com/rf/990512/bjh.html Another question: An analyst has put a "price target" on this stock at $50/share. I've seen this type of info bandied about for some time, and I've never seen a definition of what a price target is. Obviously, saying the xyz stock at $57/share is price targeted at $80 means little if you do not have a time frame. Is there an implicit end of year or one year time frame when such *predictions* are made? Dan - - - - ------------------------------ Date: Fri, 14 May 1999 13:55:05 GMT From: musicant@pacbell.net (Dan Musicant) Subject: [CANSLIM] "Price Target"? Question: An analyst has put a "price target" on PSUN at $50/share. I've seen this type of info bandied about for some time, and I've never seen a definition of what a price target is. Obviously, saying the xyz stock at $57/share is price targeted at $80 means little if you do not have a time frame. Is there an implicit end of year or one year time frame when such *predictions* are made?=20 Dan - - ------------------------------ Date: Fri, 14 May 1999 19:16:47 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] "Price Target"? Hi Dan, Most analyst's set their price target on what they "think" the stock will be "worth" in one year from the forecast. This, of course, assumes a lot, ranging from how accurate they are in the company's future sales and earnings to how "M" behaves. Since such analyst's announcements alone can often create buying pressure that may eat up 20% or more of the price gain suggested for a year's time, I would be leary of allowing such announcements to bear any weight at all in a buy/sell/hold decision making process. It's one of the many reasons I am so critical of those analysts that simply cut their "rating" on a stock when it reaches their "target" "prematurely" without going back and reassessing their assumptions made at the time in light of subsequent events, earnings results, "M", etc. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Dan Musicant To: canslim@lists.xmission.com Date: Friday, May 14, 1999 9:56 AM Subject: [CANSLIM] "Price Target"? Question: An analyst has put a "price target" on PSUN at $50/share. I've seen this type of info bandied about for some time, and I've never seen a definition of what a price target is. Obviously, saying the xyz stock at $57/share is price targeted at $80 means little if you do not have a time frame. Is there an implicit end of year or one year time frame when such *predictions* are made? Dan - - - - ------------------------------ Date: Fri, 14 May 1999 21:44:35 -0400 From: "Tom Worley" Subject: [CANSLIM] Totally off topic Looking for any members in Vietnam, or at least in the Far East Asia region. Trying to research a small piece of my role in the Vietnam war, serving onboard a Coast Guard cutter subsequently turned over to the Rep of Vietnam Navy. Any specific help or info appreciated, or any suggestions on how to research it on the net appreciated at stkguru@netside.net. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ Date: 15 May 1999 08:00:02 -0600 From: owner-canslim@lists.xmission.com (Jeff Salisbury) Subject: [CANSLIM] Changing your canslim subscription This is a monthly posting to the CANLSLIM group. Frequently, people sign up for the canslim list and then are overwhelmed by the volume of the email. There are two remedies for this problem: 1) You can leave our group, or 2) you can switch to the digest version which "conglomerates" many canslim messages into one large message. To change your configuration, email a message to: majordomo@xmission.com The remove yourself from the canslim list, write in the body of the email: unsubscribe canslim To add yourself to the digest version of the canslim list, write in the body of the email: subscribe canslim-digest For general help with majordomo commands, write in the body of the email: help If you need further clarification, write me directly at: canslim-owner@lists.xmission.com Best Regards, Jeff Salisbury - CANSLIM list admin / owner - - ------------------------------ End of canslim-digest V2 #602 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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