Meanings for the Fifth Letter of Nasdaq® Ticker Symbols

From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #153 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Wednesday, March 18 1998 Volume 02 : Number 153 In this issue: Re: [CANSLIM] ZOMX Re: [CANSLIM] FTIC up on high volume Re: [CANSLIM] CRLBF Re: [CANSLIM] AMES appears ready to break Re: [CANSLIM] ZOMX [CANSLIM] Disclosure: MDLK Re: [CANSLIM] CRLBF Re: [CANSLIM] ZOMX Re: [CANSLIM] ZOMX et al [CANSLIM] TWLB and ANEN [CANSLIM] SHOO Re: [CANSLIM] CRLBF [CANSLIM] Distribution day [CANSLIM] CGX Was ->Re: [CANSLIM] CRLBF - 5 letter stocks. Re: [CANSLIM] TWLB and ANEN [CANSLIM] Re: WATR [CANSLIM] Meanings for the Fifth Letter of Nasdaq® Ticker Symbols Re: [CANSLIM] SYB Breakout Re: [CANSLIM] ZOMX BILL GNTX [CANSLIM] Re:FSFH Re: [CANSLIM] TWLB and ANEN Re: [CANSLIM] CGX [CANSLIM] Re. Acceleration of Earnings Re: [CANSLIM] Re: WATR Re: [CANSLIM] Re. Acceleration of Earnings Re: [CANSLIM] TWLB and ANEN Re: [CANSLIM] TWLB and ANEN Re: [CANSLIM] NASDAQ distribution day Re: [CANSLIM] NASDAQ distribution day ---------------------------------------------------------------------- Date: Wed, 18 Mar 1998 18:51:48 -0600 From: "Joe Scott" Subject: Re: [CANSLIM] ZOMX This is a multi-part message in MIME format. - ------=_NextPart_000_000E_01BD529E.E826A8C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom Is the (pivot point) you speak of the best price that you would want to = pay on a "breaking out of base" stock? Please explain. Here are a few that seem to be canslim candidates, haven't looked past = the surface yet, and they may have been mentioned here before. AMBC, = CBXC, EFTC, CORE, COLB, GSMS. Another nice day for EQNX, *smile*, any opinion on where its going? don't know a thing, that's why I'm here joe - ------=_NextPart_000_000E_01BD529E.E826A8C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Tom

Is the (pivot point) you speak of the best = price that=20 you would want to pay on a "breaking out of base" stock? = Please=20 explain.

Here are a few that seem to be canslim candidates, haven't looked = past the=20 surface yet, and they may have been mentioned here before. AMBC, CBXC, = EFTC,=20 CORE, COLB, GSMS.

Another nice day for EQNX, *smile*, any opinion on where its = going?

don't know a thing,
that's why I'm = here
joe

- ------=_NextPart_000_000E_01BD529E.E826A8C0-- - - ------------------------------ Date: Wed, 18 Mar 1998 19:52:48 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] FTIC up on high volume I am now. Looks good. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Bud Barton To: canslim Date: Wednesday, March 18, 1998 12:59 PM Subject: [CANSLIM] FTIC up on high volume Is this on anyone elses watch list? - - ------------------------------ Date: Wed, 18 Mar 1998 20:02:32 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] CRLBF I don't like the 2:1 split taking place so quickly after they did a secondary offering. Aside from that I found little wrong, aside from my usual bias against stocks with more than four letters, My cerebral storage 4 character capacity is old fashioned, really need to upgrade, it can't remember the symbol on the 5 letter ones! Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Joe Scott To: CANSLIM Date: Wednesday, March 18, 1998 4:40 PM Subject: [CANSLIM] CRLBF Members; For what its worth, one I've been looking at CRLBF, I didn't buy today, maybe tomorrow, need to look at closer. don't listen to me, don't know a thing, that's why I'm here joe - - ------------------------------ Date: Wed, 18 Mar 1998 20:04:31 EST From: DCSquires Subject: Re: [CANSLIM] AMES appears ready to break In a message dated 98-03-18 17:35:17 EST, you write: << I have some of the uneasiness that I had years ago when I began trading. When a trader or an investor has this uneasiness, it is best to cut down on the number of trades, or perhaps even step away. >> Amen! Same here, I have a quick trigger in this market. DSquires - - ------------------------------ Date: Wed, 18 Mar 1998 20:26:37 EST From: DCSquires Subject: Re: [CANSLIM] ZOMX In a message dated 98-03-18 19:37:29 EST, you write: << The pivot point IMHO was about 13.5, happened yesterday, when it began to break out on heavy volume from a small base. >> Tom, Would mind elaborating on your thinking. I see a volume spike in the begining of March that brought ZOMX to 14.50. That is the tightest buy point I can see. DSquires - - ------------------------------ Date: Wed, 18 Mar 1998 20:27:03 -0500 From: "Tom Worley" Subject: [CANSLIM] Disclosure: MDLK Bot MDLK today at 16.625. I'm probably a little too early on it, but small float so decided to sneak up on it. Ended up trading about 2X ADV. Not entirely comfortable with it, but you pay your money and take your chances! Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - - ------------------------------ Date: Wed, 18 Mar 1998 20:30:57 EST From: DCSquires Subject: Re: [CANSLIM] CRLBF In a message dated 98-03-18 20:07:38 EST, you write: << it can't remember the symbol on the 5 letter ones! >> Weird, isn't it! I have the same problem. DSquires - - ------------------------------ Date: Wed, 18 Mar 1998 20:37:39 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] ZOMX I first looked at this one only a few days ago when a member posted it. I noted that back in early Feb, it jumped from about 11.5 to 13 on heavy vol. Subsequently, in early March, after a gradual move up to about 14.5, it corrected back to around 13, but on lighter vol than it had been showing. At the point it was first mentioned here, it was in a short base, and as I have previously posted, I favor buying micro caps (this one has a float of only 2.5 mil shares) off short bases (which this one had). You had to be quick to buy it at the pivot point on Tuesday, but the opportunity was there as the volume suddenly came in on it. The follow thru today was a good confirmation. There were definitely earlier buy points, but Tuesday was the first one since I first saw the chart. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: DCSquires To: canslim@lists.xmission.com Date: Wednesday, March 18, 1998 8:25 PM Subject: Re: [CANSLIM] ZOMX >In a message dated 98-03-18 19:37:29 EST, you write: > ><< The pivot point IMHO was about 13.5, happened yesterday, when it began to > break out on heavy volume from a small base. >> > >Tom, > >Would mind elaborating on your thinking. I see a volume spike in the begining >of March that brought ZOMX to 14.50. That is the tightest buy point I can see. > >DSquires > >- > - - ------------------------------ Date: Wed, 18 Mar 1998 20:52:14 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] ZOMX et al I already posted on another response on ZOMX, so will not repeat myself here. If I didn't answer all your questions on it, email me back. On your list, a number show very low volume, and considering the mkt favoring liquidity, they are less likely to break out right now. Some of them are banks or financials, and barring a buyout or a major interest rate drop (the latter at least is unlikely) I doubt that news will break them out. The CS elements on all appear favorable, so this is not to say they won't make money for the patient investor. On EQNX, you will have to try and let the stock tell you. Another good day today, up strongly on nearly 4X ADV. I missed it, but still watch to try and learn. Trailing PE even at this level still a low 19, less on a projected basis, so can still have some upside to it. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Joe Scott To: canslim@lists.xmission.com Date: Wednesday, March 18, 1998 7:51 PM Subject: Re: [CANSLIM] ZOMX Tom Is the (pivot point) you speak of the best price that you would want to pay on a "breaking out of base" stock? Please explain. Here are a few that seem to be canslim candidates, haven't looked past the surface yet, and they may have been mentioned here before. AMBC, CBXC, EFTC, CORE, COLB, GSMS. Another nice day for EQNX, *smile*, any opinion on where its going? don't know a thing, that's why I'm here joe - - ------------------------------ Date: Wed, 18 Mar 1998 18:58:49 -0800 From: "John Iding" Subject: [CANSLIM] TWLB and ANEN This is a multi-part message in MIME format. - ------=_NextPart_000_000B_01BD529F.E2A9D2E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Typical Canslim situation ... winner and loser ... trying to decide when = to sell both stocks ... ANEN in at 28 and now 22.3 ... looks like it may = be forming a reasonable chart pattern ... hold or dump ... I was ready = to dump until I spent time looking at chart ... TWLB ... in at 27 and = now 36.9 ... sell ??? Not finding anything in chart that gives me a clue = ... industry looks strong .. inclined to sell and lock in profits ... = why didn't I get out of ANEN at -10% ... those of you who are busy with = full time work in non-securities industry know ... it happens ... = appreciate opinions ... John jfinet@crl.com - ------=_NextPart_000_000B_01BD529F.E2A9D2E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Typical Canslim situation ... winner = and loser=20 ... trying to decide when to sell both stocks ... ANEN in at 28 and now = 22.3 ...=20 looks like it may be forming a reasonable chart pattern ... hold or dump = ... I=20 was ready to dump until I spent time looking at chart ... TWLB ... in at = 27 and=20 now 36.9 ... sell ??? Not finding anything in chart that gives me a clue = ...=20 industry looks strong .. inclined to sell and lock in profits ... why = didn't I=20 get out of ANEN at -10% ... those of you who are busy with full time = work in=20 non-securities industry know ... it happens ... appreciate opinions ...=20 John

jfinet@crl.com

- ------=_NextPart_000_000B_01BD529F.E2A9D2E0-- - - ------------------------------ Date: Wed, 18 Mar 1998 21:45:05 -0500 From: "James Adams" Subject: [CANSLIM] SHOO NASDAQ (SHOO) Steve Madden, LTD Today: Close: 9 1/8 +1/8 +1.39% Vol: 91,400 Adv: 127,000 52:3 1/4 - 10 1/8 EPS: 93 RS:88 A/D: B Float: 8.3 Proj Growth for 1998 20% Industry 11% Proj Growth for 1999 28% Zack's Industry: Shoes&REL Appr; Mean Recommendation: Strong Buy Estimates Upgraded in last 30days of trading. Chart Analysis: (This is where I really need help) It appears to me to be consolidating, started on 2/19 between 8.5 & 9.0. Volume drying up since 3/9, while price moving sideways. The 50dma has been trending upward for the past 6 weeks. Possible Buy Point: (Please help here) TIA James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ Date: Wed, 18 Mar 1998 19:29:43 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] CRLBF > From: "Tom Worley" > usual bias against stocks with more than four letters, My cerebral storage 4 > character capacity is old fashioned, really need to upgrade, it can't I hope your brain doesn't have a year 2000 problem ;) - - ------------------------------ Date: Wed, 18 Mar 1998 22:34:04 -0500 From: Jeffry White <"postwhit@sover.net"@sover.net> Subject: [CANSLIM] Distribution day Johan, you wrote: > Date: Wed, 18 Mar 1998 11:53:58 +0100 > From: Johan Van Houtven > Subject: [CANSLIM] NASDAQ distribution day > > Tuesday was clearly a distribution day for the NASDAQ. We closed lower on > significantly higher volume than the previous day. > > The new high on Monday was on low volume. > > We have also had a few other distribution days the last 2 -3 weeks. > > Anyone reading the market different? > > > > - --- Johan Van Houtven > In my reading of HTMMIS, there are two types of distribution days. First a higher open, with a lower close on higher daily volume. I don't think we went higher on Tuesday, but the volume was there. This type of day is pretty typical, and not all that alarming after we've had a follow through day off a low, like we did on 3/10. The second, a higher volume day with no appreciable price improvement. These generally occur after a sustained move or floating along a consolidation formation near the highs. This is the type that should get your attention. We saw this type of distribution on October 6, and we saw it again on Feb. 27. I do not read this Tuesday as either type of "distribution day" as referred to in HTMMIS, unless we went higher that Monday. Sentiment is getting extreme, however, and a "compression" type distribution day (the second type) will certainly have me reevaluating the "M" and tightening stops or moving to cash at the first opportunity. Regards, jeffry - - ------------------------------ Date: Wed, 18 Mar 1998 19:37:17 -0800 From: "Patrick Wahl" Subject: [CANSLIM] CGX Consolidated Graphics (CGX) seems to have broken out of some sort of base/consolidation area, although volume not too impressive today. EPS & RS > 90, GRS a little low. - - ------------------------------ Date: Wed, 18 Mar 1998 22:46:16 -0500 From: "Frank V. Wolynski" Subject: Was ->Re: [CANSLIM] CRLBF - 5 letter stocks. At 20:30 3/18/98 EST, DCSquires wrote: >In a message dated 98-03-18 20:07:38 EST, you write: ><< it can't > remember the symbol on the 5 letter ones! >Weird, isn't it! I have the same problem. > >DSquires > I third that! Must be in the Water! Not to be confused with WATR, Tetra Technology EPS 91 RS 81 Group RS 49 Mgmt owns 25%. Instits own 14% 16.7 mil float 22.2 mil outstanding. Nice slow up trend, expanding my chart the volume has been in a nice uptrend also. Just a day or two off its uptrend line. Good 2 year chart. Frank Wolynski (I am often wrong, plan accordingly.) - - ------------------------------ Date: Wed, 18 Mar 1998 19:52:24 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] TWLB and ANEN > From: "John Iding" > To: > Subject: [CANSLIM] TWLB and ANEN > Date: Wed, 18 Mar 1998 18:58:49 -0800 > Reply-to: canslim@lists.xmission.com > Typical Canslim situation ... winner and loser ... trying to decide when to sell both stocks ... ANEN in at 28 and now 22.3 ... looks like it may be forming a reasonable chart pattern ... hold or dum> I don't know if you are asking a question or not, but if so, sell ANEN now. 8%, remember. You can't try to rationalize holding a losing position, you have to be pretty ruthless about this. Of course, I just held a stock about 4 days too long, cost me extra, someone should have told me to sell. - - ------------------------------ Date: Wed, 18 Mar 1998 19:56:46 -0700 From: Tim Fisher Subject: [CANSLIM] Re: WATR At 10:46 PM 3/18/98 -0500, you wrote: >Not to be confused with WATR, Tetra Technology >EPS 91 RS 81 Group RS 49 >Mgmt owns 25%. Instits own 14% 16.7 mil float 22.2 mil outstanding. >Nice slow up trend, expanding my chart the volume has been in a nice uptrend >also. Just a day or two off its uptrend line. Good 2 year chart. > Being a competitior, and therefore biased, I feel that that nice slow uptrend will continue to be a nice slow uptrend. There is no room for explosive growth in our business these days (environmental consulting) except through acquisition, which is what they did to get that boost (bot Haliburton's env. arm). And acquisitions are few and far between. I'd take the GRS with a grain of salt since their "real" group, purely _environmental_ consulting businesses, is very small, and the real movers in the "industry group" are heavily weighted toward hazmat, sanitary, and other engineering-related aspects of the business. Tetra is heavily focused on water testing and other aquatic aspects, (like me!) hence the symbol. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information tfish@spiritone.com WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! - - ------------------------------ Date: Thu, 19 Mar 1998 12:25:28 +0800 From: viv Subject: [CANSLIM] Meanings for the Fifth Letter of Nasdaq® Ticker Symbols This is a multi-part message in MIME format. - --------------90EDED7B5ABB4C6B5CCB8FB8 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit http://www.smallcapinvestor.com/symbol.htm - --------------90EDED7B5ABB4C6B5CCB8FB8 Content-Type: text/html; charset=us-ascii; name="symbol.htm" Content-Transfer-Encoding: 7bit Content-Disposition: inline; filename="symbol.htm" Content-Base: "http://www.smallcapinvestor.com/symbol .htm" Meanings for the Fifth Letter of Nasdaq® Ticker Symbols

The SmallCap Investor

All Nasdaq stocks have either a four or five letter ticker symbol. The list below summarizes the meanings of the fifth letter:

A	Class A.
B	Class B.
C	Exempt from Nasdaq® listing requirements for a limited period of time.
D	A new issue of an existing stock. (Often the result of a reverse split.)
E	Delinquent in required filings with the SEC as determined by the NASD®.
F	Foreign.
G	First Convertible Bond.
H	Second Convertible Bond, same company.
I	Third Convertible Bond, same company.
J	Voting.
K	Non-voting.
L	Miscellaneous situations such as foreign preferred, preferred when-issued, a second class of units, a third class of warrants, or a sixth class of preferred stock.
M	Fourth preferred, same company.
N	Third preferred, same company.
O	Second preferred, same company.
P	First preferred.
Q	In bankruptcy proceedings.
R	Rights.
S	Shares of beneficial interest.
T	With warrants or with rights.
U	Units.
V	When-issued and when-distributed.
W	Warrants.
X	Mutual Fund.
Y	ADR (American Depositary Receipts).
Z	Miscellaneous situations such as a second class of warrants, a fifth class of preferred stock, a stub, a foreign preferred when-issued, or any unit, receipt, or certificate representing a limited partnership interest.

Copyright © 1995-98 Axxess, Inc. All rights reserved. The SmallCap Investor is a trademark of Axxess, Inc. The content within The SmallCap Investor web site is provided for informational purposes only and should not be construed as investment advice. At no such time should information contained in The SmallCap Investor be considered an offer to buy or sell securities. Employees of Axxess, Inc. may, from time to time, buy or sell securities mentioned in The SmallCap Investor.
Nasdaq® and NASD® are registered service marks of The Nasdaq Stock Market, Inc.

- --------------90EDED7B5ABB4C6B5CCB8FB8-- - - ------------------------------ Date: Wed, 18 Mar 1998 22:52:18 -0600 From: Dave Cameron Subject: Re: [CANSLIM] SYB Breakout Tim Fisher wrote (4 trading days ago): > > SYB broke out yesterday on good volume. LLUR stock courtesy of Mike > Artobello's scan. I'm in this morning. Just curious, have you bailed out? Or did you set a stop around 26. Dave Cameron > > Tim Fisher / tfish@spiritone.com > Ore-Rock-On and Pacific Fishery Biologists WWW Sites: > http://www.spiritone.com/~tfish > See naked fish and rocks! > > - - - ------------------------------ Date: Wed, 18 Mar 1998 22:55:20 -0600 From: Dave Cameron Subject: Re: [CANSLIM] ZOMX BILL GNTX > Bud Barton wrote: > > These 3 made it through my filter for fridays IBD Interesting, it is now late Wednesday night. ZOMX has gone nuts. GNTX continues to climb. BILL is retreating. 2 out of 3 - almost like you scripted it. Dave Cameron > > ZOMX - EPS 99 RS 96 Growth Rate 53% Earning Stability 18 Funds 8% Mgmt > 41% > > This chart looks like a cup with handle forming to me. Nice base back in > Aug/Sep. Any comments? > > BILL - EPS 93 RS 92 Growth Rate 32% Earning Stability 9 Funds 27% Mgmt 8% > > appears to be basing near 27. Had some problems end of Jan when an analyst > said quarter was not going well but the company refuted this. > > GNTX - EPS 96 RS 85 Growth Rate 39% Earning Stability 12 Funds 17% Mgmt > 10% > > appears to be basing 31/32 but volume seems to be drying up. - - ------------------------------ Date: Wed, 18 Mar 1998 22:59:36 -0600 From: Dave Cameron Subject: [CANSLIM] Re:FSFH Johan Van Houtven wrote (on Sunday) : > > FSFH 75 91 A. > Basing near high. And broke out 1 day later! Are you always so prophetic! Dave Cameron - - ------------------------------ Date: Wed, 18 Mar 1998 23:05:24 -0600 From: Dave Cameron Subject: Re: [CANSLIM] TWLB and ANEN > John Iding wrote: > > Typical Canslim situation ... winner and loser ... trying to decide when to > sell both stocks ... ANEN in at 28 and now 22.3 ... looks like it may be > forming a reasonable chart pattern ... hold or dump ... I was ready to dump At this point, I'd hold ANEN until it either broaches 20 on the downside, or climbs to a reasonable point. It may just base for a long time. I look at it since you didn't sell when it dropped under $24, you may as well wait. I've had this happen. I will warn you its just as likely to hit 19 as 29, but the chart pattern looks decent over the last couple of months. > until I spent time looking at chart ... TWLB ... in at 27 and now 36.9 ... > sell ??? Not finding anything in chart that gives me a clue ... industry looks > strong .. inclined to sell and lock in profits ... why didn't I get out of > ANEN at -10% ... those of you who are busy with full time work in > non-securities industry know ... it happens ... appreciate opinions ... John > > jfinet@crl.com - - ------------------------------ Date: Wed, 18 Mar 1998 23:06:55 -0600 From: Dave Cameron Subject: Re: [CANSLIM] CGX I guess... but I'd like a little more than the 3 week base it showed after its recent run-up given (as you mentioned) the barely above average volume. Patrick Wahl wrote: > > Consolidated Graphics (CGX) seems to have broken out of some sort of > base/consolidation area, although volume not too impressive today. > EPS & RS > 90, GRS a little low. > > - - - ------------------------------ Date: Thu, 19 Mar 1998 00:28:49 EST From: JANSI1AUG1 Subject: [CANSLIM] Re. Acceleration of Earnings DC Squires: I believe you asked for a Web Site which has acceleration of earnings. I don't have a Web Site for you (exactly), but in Tuesday's IBD there is an article in Investor's Corner entitled "Peddle to the Metal" on why acceleration is important and how to determine it. It also gives about 50 companies under $1 billion in capitalization which have accelerated the most in the last 2 quarters. I believe IBD has a Web Site (and AOL also has an IBD channel for those who use it as their ISP). I believe this is the Web's IBD address: http://www.investors.com/web_edition/today/welcome.html - - ------------------------------ Date: Thu, 19 Mar 1998 00:39:27 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Re: WATR Not that I am forcasting an explosion in your business, which I'm sure you wouldn't mind, but I heard a news item two days ago about deformed frogs being found, in locations in the US, which I can't remember. They weren't sure what was causing it, but it was causing quite a stir. More testing and research needed was the "Tag Line". Not that this is any basis on which to buy the stock, but if the Presidency is in real trouble, Al Gore is known to have a burr in his shorts for the environmental issues. Just a nice speculative edge, even if not true. Heck what is in the markets? Reasonable Canslim, the volume expanding on the upside is what really caught my attention. You are probably right, there are bigger toads to chase! At least recently anyway! The ADX/R is flashing a move into the tradeable range, if you put any faith in those sort of things. (ADX/R = Average Directional Movement Index). Does your firm test for that sort of thing? Sometimes the water in Hillsborough County, Florida tastes like deformed frogs have been living in it! Frank Wolynski (Mostly wrong, gotta love it!) P.S. None of my remarks are intended as recommendations for action of any sort, unless we encompass counseling! They are meant as observations intended to elicit responses in an attempt to learn how not to loose my butt in the markets! At 19:56 3/18/98 -0700, Tim Fisher wrote: >At 10:46 PM 3/18/98 -0500, you wrote: >>Not to be confused with WATR, Tetra Technology >>EPS 91 RS 81 Group RS 49 >>Mgmt owns 25%. Instits own 14% 16.7 mil float 22.2 mil outstanding. >>Nice slow up trend, expanding my chart the volume has been in a nice uptrend >>also. Just a day or two off its uptrend line. Good 2 year chart. >> >Being a competitior, and therefore biased, I feel that that nice slow >uptrend will continue to be a nice slow uptrend. There is no room for >explosive growth in our business these days (environmental consulting) >except through acquisition, which is what they did to get that boost (bot >Haliburton's env. arm). And acquisitions are few and far between. I'd take >the GRS with a grain of salt since their "real" group, purely >_environmental_ consulting businesses, is very small, and the real movers in >the "industry group" are heavily weighted toward hazmat, sanitary, and other >engineering-related aspects of the business. Tetra is heavily focused on >water testing and other aquatic aspects, (like me!) hence the symbol. > >Tim Fisher, 1995 President, Pacific Fishery Biologists >Ore-ROCK-On Rockhounding Web Site >PFB Information >tfish@spiritone.com >WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! > > >- > > - - ------------------------------ Date: Thu, 19 Mar 1998 00:42:36 -0500 From: "anthony boone" Subject: Re: [CANSLIM] Re. Acceleration of Earnings I would like to read it, but the URL below does not work for me. Please copy and paste into an email to me. Thanx in advance anthony boonean@nwga.com - ---------- > From: JANSI1AUG1 > To: CANSLIM@xmission.com > Subject: [CANSLIM] Re. Acceleration of Earnings > Date: Thursday, March 19, 1998 12:28 AM > > DC Squires: > > I believe you asked for a Web Site which has acceleration of earnings. I > don't have a Web Site for you (exactly), but in Tuesday's IBD there is an > article in Investor's Corner entitled "Peddle to the Metal" on why > acceleration is important and how to determine it. It also gives about 50 > companies under $1 billion in capitalization which have accelerated the most > in the last 2 quarters. I believe IBD has a Web Site (and AOL also has an IBD > channel for those who use it as their ISP). I believe this is the Web's IBD > address: http://www.investors.com/web_edition/today/welcome.html > > - - - ------------------------------ Date: Thu, 19 Mar 1998 01:11:54 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] TWLB and ANEN At 18:58 3/18/98 -0800, John Iding wrote: >>>> Typical Canslim situation ... winner and loser ... trying to decide when to sell both stocks ... ANEN in at 28 and now 22.3 ... looks like it may be forming a reasonable chart pattern ... hold or dump ... I was ready to dump until I spent time looking at chart ... TWLB ... in at 27 and now 36.9 ... sell ??? Not finding anything in chart that gives me a clue ... industry looks strong .. inclined to sell and lock in profits ... why didn't I get out of ANEN at -10% ... those of you who are busy with full time work in non-securities industry know ... it happens ... appreciate opinions ... John <jfinet@crl.com <<<<<<<< TWLB is in a good accelerating group. Don't know the Fundies. ANEN looks to me like a good little company. EPS 74, RS 92 Timeliness Rank A Acc/Dist A PE=29 ( 5yr PE range 15-188) Float 4.3 million, 5.2 million outstanding Funds own 4%, mgmt 16% Accelerating estimated earnings for the next two years. Up/Dwn ratio 2.9 This group gained 31 last week in ranking. Now group 90. Looks like it could have gotten trashed with the other technical groups, but has now separated from the Semiconductor manufacturers and computer makers. It would make since. The wireless technology stocks have yet to really get started. Spectrum space is being released for more of this technology and there is alot of R&D and startups getting in the wireless business. Big venture type arrangements are being concocted on the wet and soggy Golf courses! ( My opinion!) I think more will come to realize that technology extends well beyond the low margin business of microprocessors and computers! Wireless technology has been featured in all the communications magazines as the next frontier! I believe 'em. I work in telecommunications and the FCC is making way for substantial spectrum space for, guess what, wireless communications. Should be good for the component manufacturers. The Telecommunications Services group is ranked as # 2 out of 197 groups. The Telecomm Equip group should come along soon. I'm adding them to my watch list! Frank Wolynski ( I'm mostly wrong, plan accordingly.) - - ------------------------------ Date: Thu, 19 Mar 1998 01:11:54 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] TWLB and ANEN At 18:58 3/18/98 -0800, John Iding wrote: >>>> Typical Canslim situation ... winner and loser ... trying to decide when to sell both stocks ... ANEN in at 28 and now 22.3 ... looks like it may be forming a reasonable chart pattern ... hold or dump ... I was ready to dump until I spent time looking at chart ... TWLB ... in at 27 and now 36.9 ... sell ??? Not finding anything in chart that gives me a clue ... industry looks strong .. inclined to sell and lock in profits ... why didn't I get out of ANEN at -10% ... those of you who are busy with full time work in non-securities industry know ... it happens ... appreciate opinions ... John <jfinet@crl.com <<<<<<<< TWLB is in a good accelerating group. Don't know the Fundies. ANEN looks to me like a good little company. EPS 74, RS 92 Timeliness Rank A Acc/Dist A PE=29 ( 5yr PE range 15-188) Float 4.3 million, 5.2 million outstanding Funds own 4%, mgmt 16% Accelerating estimated earnings for the next two years. Up/Dwn ratio 2.9 This group gained 31 last week in ranking. Now group 90. Looks like it could have gotten trashed with the other technical groups, but has now separated from the Semiconductor manufacturers and computer makers. It would make since. The wireless technology stocks have yet to really get started. Spectrum space is being released for more of this technology and there is alot of R&D and startups getting in the wireless business. Big venture type arrangements are being concocted on the wet and soggy Golf courses! ( My opinion!) I think more will come to realize that technology extends well beyond the low margin business of microprocessors and computers! Wireless technology has been featured in all the communications magazines as the next frontier! I believe 'em. I work in telecommunications and the FCC is making way for substantial spectrum space for, guess what, wireless communications. Should be good for the component manufacturers. The Telecommunications Services group is ranked as # 2 out of 197 groups. The Telecomm Equip group should come along soon. I'm adding them to my watch list! Frank Wolynski ( I'm mostly wrong, plan accordingly.) - - ------------------------------ Date: Thu, 19 Mar 1998 06:28:15 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] NASDAQ distribution day Tom, You have every right to differ...no begging necessary. I believe, however, that some technology stocks have more *Asian exposure* than others. Analysts are constantly speaking of this exposure in relative terms and on a case by case basis for different stocks. Case in point, TMBS, a software company, has relatively little. Look at it's chart from early October until now -- it barely blipped for that correction and deflation of the technology sector. Software companies (I believe) are relatively immune -- especially when they are a leader in their niche/sector. Dan On Wed, 18 Mar 1998 19:01:00 -0500, you wrote: :Beg to differ. If you focus only on NASDAQ, you are by definition = focusing :on technology and technology related stocks far more than any other :exchange. And the bigger tech stocks there, as well as on NYSE, have sig :Asian exposure. Even some of the smaller ones, as I discovered too late :(shoulda done my due diligence!!) like SOCR have sizable Asian exposure.= In :some cases, they buy components there, and this may help their profits = by :offsetting some of the price cuts. But if their contracts called for = payment :in US dollars, then this won't help either. And many of them have major :marketing interests in Asia. - - ------------------------------ Date: Thu, 19 Mar 1998 06:34:22 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] NASDAQ distribution day Tom, On Wed, 18 Mar 1998 19:18:19 -0500, you wrote: :Watch the upside volume, I think that will be the :clue. You mean watch for increased volume without commensurate advances in the major indexes =3D sign of distribution? Is this substantially and accurately your meaning? Dan - - ------------------------------ End of canslim-digest V2 #153 ***************************** 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.