From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #790 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, January 8 2000 Volume 02 : Number 790 In this issue: [CANSLIM] CHA breakout Re: [CANSLIM] Reprint Re: [CANSLIM] CHA breakout Re: [CANSLIM] Problems with Quote Tracker Re: [CANSLIM] Ouch! [CANSLIM] Has the list died? Re: [CANSLIM] Reprint [CANSLIM] Here is some of my hopeful portfolio picks Re: [CANSLIM] Has the list died? [CANSLIM] Acc/Dis Numbers Re: [CANSLIM] Has the list died? [CANSLIM] WON's new book RE: [CANSLIM] WON's new book [CANSLIM] Fwd: HGS analysis ---------------------------------------------------------------------- Date: Fri, 7 Jan 2000 06:29:42 -0000 From: "Marc Laniado" Subject: [CANSLIM] CHA breakout Take a look at this cyclical breakout which looks good - personally, I'm not buying till the major growth stocks look good again. - - ------------------------------ Date: Fri, 7 Jan 2000 01:22:24 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Reprint Hi Erik, I see several serious flaws in Uniroyal Tech (UTCI). Three of the four most recent qtrs showed a decline in earnings on a year to year basis. Only the most recent was positive, and by only 19%. EPS is a lowly 30. Sales are growing slightly sequentially, but still down on a year to year basis. Because of an overall drop in earnings in the past year, and prior losses, it does not show an earnings growth rate at all, tho it does show a 22% ROE. It also has huge debt to service (303%). It is in the process of a conversion of preferred stock, which will net it a one time gain over $1 million (I have not read the news but presume that is a conversion into common at favorable pricing, thus diluting the present common stockholders EPS). Trailing PE (56) is also high by my standards for a company with few analysts following it. GRS is also essentially neutral at 57. I think I would want to see two or three more quarters of earnings growth at least as good as the latest, and also see some acceleration of sales growth, Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: eharris@harland.net To: canslim@xmission.com Date: Thursday, January 06, 2000 10:15 AM Subject: [CANSLIM] Reprint I was just made aware that a stock I mentioned in my earlier post had a typo. Should be UTCI (I typed UTIC). Sorry for the confusion. Erik - - - - ------------------------------ Date: Fri, 7 Jan 2000 02:33:41 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] CHA breakout Hi Marc, With both an RS and an EPS below 80, it would not make my radar. And with earnings up in three of the past four quarters at the same time that sales are down for four of four qtrs would make me suspicious on how they're boosting earnings. The chart isn't bad, but the fundies more than offset that. 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 Date: Friday, January 07, 2000 1:55 AM Subject: [CANSLIM] CHA breakout Take a look at this cyclical breakout which looks good - personally, I'm not buying till the major growth stocks look good again. - - - - ------------------------------ Date: Fri, 07 Jan 2000 06:23:10 -0500 From: inderjit singh Subject: Re: [CANSLIM] Problems with Quote Tracker the correct address is www.quotetracker.com. rolatzi wrote: > Quote Tracker is a no cost stand alone program that gives you > quotes on your stock lists. It can be downloaded at: > www.stocktracker.com > It uses your choice of sources of the quotes. For example......... - - ------------------------------ Date: Fri, 07 Jan 2000 08:31:57 -0500 From: Sam Funchess Subject: Re: [CANSLIM] Ouch! As for APEX, I would even venture to say it has broken out of a C&H on 5x volume. THis is via Yahoo charts which I have determined not to be accurate to the specific detail. It has done this in an extremely volatile market. I am looking for the new leaders about now. I am still about 10% in margin right now and would be willing to put the rest to work as soon as I see leadership. If IDPH starts acting up I will be about 80% cash after the sale. Sam Earl Setser wrote: > Well, another "ouch" day for my holdings. I let go of Legato (hehe) at a > loss, and probably will grab my profits on CMVT in the morning. That will > put me about 40% in cash with 2 holdings left. QLGC has been really > volatile and may hit my sellpoint tomorrow or soon, time will tell. APEX is > moving up and hit a new 52 week high today, so I'm hanging onto it as long > as it says to!! > > - - - ------------------------------ Date: 7 Jan 2000 14:04:13 -0800 From: "Tim Fisher" Subject: [CANSLIM] Has the list died? Is everyone waiting for the follow-through day? Personally my bloodbath climaxed at the open this AM with the sale of RFMD, putting me near 50% cash, then I decided to look to see if I sold anything else about 6:45 Pacific time & some of the stocks I had sold were already up 10-20%. So I jumped back in with both feet. Bought some of "Ian's Warriors" - it was frightening how fast they were charging up - I had to be real careful with the realtime quotes & order confirmations or I would have spent more than was in my account! Anyway of what I held at the beginning of the week, only AMGN, BBRC, BVF and VARL behaved well this week. Some of the rest behaved on a closing basis but unfortunately stops don't work that way (Don't you wish they did?). Anyway picked up SDLI JSDU EMLX CMVT and BVSN at relative bargain prices by 7 AM. Dunno whether this was a smart or stupid move yet, but it has given me my biggest one-day pop ever. P.S. I can't believe that DELL traded down to my stop (44 7/8) and didn't trigger it. Anyone know why that might be? Shouldn't my stop have become a market order after that trade? Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Fri, 07 Jan 2000 17:06:15 -0500 From: inderjit singh Subject: Re: [CANSLIM] Reprint I thought it was OCLI ;-) eharris@harland.net wrote: > I was just made aware that a stock I mentioned in my earlier post had a typo. > Should be UTCI (I typed UTIC). Sorry for the confusion. > > Erik > > - - - ------------------------------ Date: Sat, 08 Jan 2000 00:08:11 GMT From: "Poncho Dasantos" Subject: [CANSLIM] Here is some of my hopeful portfolio picks These are really high risk but all have a big rainbow at the end of the tunnel if you see the big picture you might see why I'm a buyer of these stocks. Price Manufacturing (V.PRC)- They make airbeds under exclusive license from Simmons (the number 2 bedding maker in N.America)they are know solidly in place at most of Simmons retailers like Sears. They are currently being sued by Select Comfort the airbed leader with sales of 200million but Select made a big mistake they decided to open there own retail outlets and didn't count on how big of a cash cow there own stores would be. IMHO, this is why they are suing Price and Simmons for Patent infringement because they are trying to get into big retailers, but cant because Simmons and Price are already there. The lawsuit stems from the remote control being the same as Selects. Looks to me like Select Comfort is fishing for a way to slow down there compitition and get a edge to get themselves into the big stores. It also says that Price is getting big in this 200million market and will either be number one or two. If it can hang on. I also think its a good takeover target for another minor bedding maker who wants to be public or maybe even Simmons. I know its really risky but the what ifs are huge, they are going to get national newspaper coverage when word spreads about the lawsuit....so a lot of people are going to be watching this soon, all that is needed is some big positive news releases (strong sales figures),so this could take off. Dynatec- I know its been a dog but this dog has the right connections in the minning biz as a consulting firm to aline themselves with some big players as a minning operation. One succsessful drill and this baby is going way up from its current 0.35.Its a bargain thats pretty safe. Emergo Software V.ETV internet television broadcast software maker that only needs a good news release to break out and fly, it wants to on its own just look at how its been traded lately. 0.55 to 0.61. I'm betting that there is some big things brewing and when it hits the wire we should see at least a 1.00 to 2.00 very soon. Ok so your thinking this guy is nuts but there is a method to my madness. Sorry for the kinda poorly written explantion on Price but I did not want it to be a long one condensed the best I could but I think we all get what I'm thinking on it. Next post my short list wich is a little bit more sane. Do some DD and then see if I'm truely nuts, a gambler or just plainly misunderstood. ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Fri, 7 Jan 2000 17:42:12 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] Has the list died? I'm holding only one issue - ETEK. Sold SYMC last week and VARL the week before. What a wild ride this week. I watched ETEK plummet only to do a 25% bounce up today! I was so close to pulling the sell trigger last night but thought, "maybe it'll bounce off the 50dma". Boy did it! I was looking Mon. at RFMD for a next day pullback, then did it! Looks like it might be a buy - if one leaves out the Tues-Thur noise. (g) I'm not sure we should be looking for the normal follow throughs given that money has been going from the NAZ to the NYSE as opposed to just cash. Next week should be interesting indeed... - -Bill Triffet - ----- Original Message ----- From: Tim Fisher To: Sent: Friday, January 07, 2000 2:04 PM Subject: [CANSLIM] Has the list died? > Is everyone waiting for the follow-through day? Personally my bloodbath > climaxed at the open this AM with the sale of RFMD, putting me near 50% > cash, then I decided to look to see if I sold anything else about 6:45 > Pacific time & some of the stocks I had sold were already up 10-20%. So I > jumped back in with both feet. Bought some of "Ian's Warriors" - it was > frightening how fast they were charging up - I had to be real careful with > the realtime quotes & order confirmations or I would have spent more than > was in my account! Anyway of what I held at the beginning of the week, only > AMGN, BBRC, BVF and VARL behaved well this week. Some of the rest behaved > on a closing basis but unfortunately stops don't work that way (Don't you > wish they did?). Anyway picked up SDLI JSDU EMLX CMVT and BVSN at relative > bargain prices by 7 AM. Dunno whether this was a smart or stupid move yet, > but it has given me my biggest one-day pop ever. > > P.S. I can't believe that DELL traded down to my stop (44 7/8) and didn't > trigger it. Anyone know why that might be? Shouldn't my stop have become a > market order after that trade? > > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > - - ------------------------------ Date: Fri, 7 Jan 2000 22:19:41 -0500 From: Robert Subject: [CANSLIM] Acc/Dis Numbers Here are the latest Acc/Dis Numbers Spreadsheet version: Date,A,B,C,D,E,AB/A:E,%E 12/20/1999,1519,2175,1139,1146,701,55%,10% 12/21/1999,1500,2228,1134,1151,673,56%,10% 12/22/1999,1483,2215,1162,1139,671,55%,10% 12/23/1999,1538,2183,1121,1158,668,56%,10% 12/27/1999,1536,2172,1126,1166,665,56%,10% 12/28/1999,1557,2233,1122,1141,620,57%,9% 12/29/1999,1558,2214,1142,1116,635,57%,10% 12/30/1999,1576,2212,1160,1127,592,57%,9% 12/31/1999,1621,2214,1179,1118,560,57%,8% 1/3/2000,1605,2300,1174,1110,523,58%,8% 1/4/2000,1655,2374,1130,1103,488,60%,7% 1/5/2000,1624,2297,1154,1178,510,58%,8% 1/6/2000,1402,2325,1242,1209,582,55%,9% 1/7/2000,1369,2389,1269,1200,549,55%,8% Robert - - ------------------------------ Date: Fri, 07 Jan 2000 23:32:58 -0500 From: Walter Stock Subject: Re: [CANSLIM] Has the list died? Had planned to buy CRA [3/99/A/-/A] and ALKS [7/88/A/E/B] today (both are strong biotechs). Wound up buying just ALKS, which had shown a lot of strength during this week's selloff, and just set a new high today on more than 2 x ADV. I'm not sure how long this rotation into non-tech lasts. We'll have to judge by the indices and the leadership stocks. I do know that my lone turkey cyclical (AL) sits there and gobbles precious capital and to what effect? None. Almost unchanged from where I bought it. Get out the cranberry sauce. This bird gets the 12-gauge on Monday. Walter Stock Oakville, ON, Canada Bill Triffet wrote: > I'm holding only one issue - ETEK. Sold SYMC last week and VARL the week > before. > What a wild ride this week. I watched ETEK plummet only to do a 25% bounce > up today! > I was so close to pulling the sell trigger last night but thought, "maybe > it'll bounce off the 50dma". Boy did it! > > I was looking Mon. at RFMD for a next day pullback, then did it! Looks like > it might be a buy - if one leaves out the Tues-Thur noise. (g) > > I'm not sure we should be looking for the normal follow throughs given that > money has been going from the NAZ to the NYSE as opposed to just cash. Next > week should be interesting indeed... > > -Bill Triffet - - ------------------------------ Date: Fri, 07 Jan 2000 23:51:39 -0500 From: Walter Stock Subject: [CANSLIM] WON's new book Kevin Marder, who is now the Editor-in-Chief at Tradehard.com, will do a review of WON's new book "24 Essential Lessons for Investment Success", available on the Tradehard site tomorrow (Saturday the 8th). Although the book sounds the same as the IBD series, it should be interesting to hear Marder's thoughts on old-Canslim versus new-Canslim investing. Greg Kuhn, managing director of Kamco Capital Management, is definitely worth a read on the same site. Kuhn and Marder both follow the WON methods, and all of their recent articles are archived at Tradehard. If you haven't taken out the free trial, Tradehard is worth a look. In the meantime I have caved in and bought a one-year membership. Walter Stock Oakville, ON, Canada - - ------------------------------ Date: Fri, 07 Jan 2000 21:27:33 -0800 From: Michael McCoy Subject: RE: [CANSLIM] WON's new book I would just like to add that I too have been embolden in the Canslim/IBD approach to investing by reading both Kuhn and Marder on Tradehard. I recently told a friend that I compared it to a IBD "boot-camp." - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Walter Stock Sent: Friday, January 07, 2000 8:52 PM To: Canslim Group Subject: [CANSLIM] WON's new book Kevin Marder, who is now the Editor-in-Chief at Tradehard.com, will do a review of WON's new book "24 Essential Lessons for Investment Success", available on the Tradehard site tomorrow (Saturday the 8th). Although the book sounds the same as the IBD series, it should be interesting to hear Marder's thoughts on old-Canslim versus new-Canslim investing. Greg Kuhn, managing director of Kamco Capital Management, is definitely worth a read on the same site. Kuhn and Marder both follow the WON methods, and all of their recent articles are archived at Tradehard. If you haven't taken out the free trial, Tradehard is worth a look. In the meantime I have caved in and bought a one-year membership. Walter Stock Oakville, ON, Canada - - - - ------------------------------ Date: 8 Jan 2000 10:04:32 -0800 From: "Tim Fisher" Subject: [CANSLIM] Fwd: HGS analysis Interesting analysis from the HGS investor site... >Ianforum.com - http://www.ianforum.com > >It was a violent and dangerous week for the Nasdaq. At one point, it was >down nearly 10%. The past week illustrates the value of having trailing >stops in place, especially on the large caps. For an exampe, take a look >at Yahoo which traded in a range from a high of $500 to a low of $361. >One analyst put a $600 price target on it for the YEAR, and traders tried >to take it there in a day! Froth at its worst. > >The market is broadening into other groups on the beaten down NYA. Even >though the number of $8 stocks trading above their 200 day MA was down 1%, >the McClellan Oscillator is positive and gaining strength, and the A/D >line is breaking out to the upside. If the markets continue to rotate >into some of the beaten down stocks, the correction could be over and we >could break out to new highs. A new high in the NYA along with more stocks >trading above their 200 day MA would be extremely positive. > >See the NYA chart at http://www.ianforum.com/base_low.htm > >Have a good week, and be careful. The Nasdaq is still due for a further >correction. > >Ron Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ End of canslim-digest V2 #790 ***************************** 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.