From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1619 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 Friday, August 17 2001 Volume 02 : Number 1619 In this issue: Re: [CANSLIM] Hi - low priced stocks Re: [CANSLIM] left side-RMD Re: [CANSLIM] Hi - low priced stocks [CANSLIM] IBD "All Clear" One page ad Re: [CANSLIM] Jans [CANSLIM] financial stocks Re: [CANSLIM] Hi - low priced stocks Re: [CANSLIM] Hi - low priced stocks ---------------------------------------------------------------------- Date: Fri, 17 Aug 2001 16:28:28 -0500 From: Gene Ricci Subject: Re: [CANSLIM] Hi - low priced stocks Tim, how's this for a deal... the winner declared the 2001 stock picker and the loser the keeper of swamp land in West Texas? Gene's Picks - -------------- Yesterday's Closing Price Closing Price in less than 12 months - ---------------------- -------------------------------------- BEAS $17.40 $34.80 CSCO $17.48 $34.96 SEBL $26.72 $52.44 Notice, I 'gave' you yesterday's close which was higher than todays......???? Now if you had 3 CANSLIM picks it would make this more interesting. But, I'll accept the wager just going with my three (value) picks to double - all three or I lose the bet and you become the stock picker and me the swamp land care taker.... course the reverse will likely happen and you might not be a keeper of a swamp???? Is it a deal? Gene - ----- Original Message ----- From: Tim Fisher To: canslim@lists.xmission.com Sent: Friday, August 17, 2001 4:00 PM Subject: Re: [CANSLIM] Hi - low priced stocks My point exactly. The property in question was not mine but I had assumed the news of the glacier that calved into the Nisqually and caused a debris torrent reached outside the NW. I.e. I was comparing the beautiful scenic property to CSCO. THeir technology could be supplanted by someone else's (i.e. JNPR, among dozens of others) tomorrow and CSCO would fade away just like the railroads did when the interstate highway system was built. Of course IT is and will continue to be a fast growing business. But CSCO isn't all of IT, their products are not necessarily the best, the cheapest, fastest, etc, nor is there no guarantee they will be so tomorrow. Don't you follow LU? Did you think it could have happened to them 2 years ago? Then again, I did not buy LU when they became a "value stock" either. I would put up real money that one or more of the stocks on your list will _never_ recover from their current prices. On 11:16 AM 8/17/01, Ernie Hill Said: >I obviously don't know or I would be rich by now. I agree with you about >sticking >to the subject matter (canslim, but I could not resist commenting on >Cisco). I am >not interested in your property, but I have done research into CSCO's >markets they >are huge and they are not saturated. Businesses are simple not investing in IT >infrastructure right now due to the fall-off in profits. But if you >believe that >they won't be investing again in IT infrastructure, then you must believe that >technological progress in the business world has peaked. I cannot accept >that view. >In three years I'll bet and investment in Cisco will have appreciated much >more >than your property, but less than high quality canslim stocks. > >Tim Fisher wrote: > > > How do you know? Are you traveling into the future? Sure it won't be bought > > out at so cheap a price? CANSLIM relies on a stock's past performance, not > > predications on what it "will do" in the future. CSCO's past performance is > > abysmal. Let's stick to the subject matter, which is CANSLIM stocks. Should > > have said that in my last post. I still have that property for sale... > > > > On 09:16 AM 8/17/01, Ernie Hill Said: > > >CSCO is definitely not a canslim stock, but it will certainly survive the > > >current telecom downturn. And yes it's next earnings report will > likely not > > >show improvement. However, CSCO will recover in price before it is > evident in > > >its quarterly reports. This stock is to widely covered for large fund > managers > > >to not be aware that the companies business has recovered before its > earnings > > >reports reflect that reality. CSCO is also the dominate company in a > business > > >sector that will again experience strong growth when the economy recovers > > >which it eventually will. Bottom line if you have a long term > perspective CSCO > > >will likely provide you with some impressive returns over the next few > years, > > >but its price may indeed go much lower than 8% below where it is now > before it > > >moves higher. > > > > > >It's not often you find a VALUE stock with CSCO's long term growth > potential! > > > > > >E > > > > > >Tim Fisher wrote: > > > > > > > Tell that to the guy in my office who thought those beaten down techs > > > > couldn't get any cheaper. He now has two under threat of delisting, one > > > > that was bought out for less than the current price (something like 92 > > > > cents, it was $150, OMKT I believe). As someone has said many > times, cheap > > > > stocks tend to get cheaper. What do you think will happen to CSCO > the next > > > > earnings report? Think it will shoot up? If you do, call me, I have > some > > > > property for sale, it's ideally located on the Nisqually River on the > > > > border of Mt Ranier NP! > > > > > > > > On 06:41 AM 8/17/01, Dennis Chia Said: > > > > > > > > >Thanks for the all replies, insights and advice :) Actually i'm > now in > > > > >the stage of learning and researching, no hurry to get *into* it > and end > > > > >up making the wrong decisions, the *down* market seems attractive > > > > >now though for tech stocks like CSCO, LU, NOK, etc that have been > beaten > > > > >down quite badly ... if you intend to buy and hold on the long > term .... > > > > >In slow times such as these, would Value investing be more appropriate > > > > >instead of the CANSLIM method? > > > > > > > > > >Regards, > > > > >Dennis > > > > > > > > > > > > > > > > > > > >- > > > > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > > > > >-In the email body, write "subscribe canslim" or > > > > >-"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > Tim Fisher > > > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > > > > > Tim@OreRockOn.com > > > > WWW: http://OreRockOn.com > > > > See naked fish and rocks! > > > > > > > > - > > > > -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. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > -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. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -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: Fri, 17 Aug 2001 17:33:50 EDT From: BIKEAR@aol.com Subject: Re: [CANSLIM] left side-RMD - --part1_a0.18ef0cd6.28aee7be_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit RMD is the right side of the cup and handle on 8/14 at 57.66 and it is forming a handle...what is the left side of the cup..it think the fundamentals are good on this except the float...comments..thanks - --part1_a0.18ef0cd6.28aee7be_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit RMD is the right side of the cup and handle on 8/14 at 57.66 and it is
forming a handle...what is the left side of the cup..it think the
fundamentals are good on this except the float...comments..thanks - --part1_a0.18ef0cd6.28aee7be_boundary-- - - - -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: Fri, 17 Aug 2001 16:55:52 -0500 From: Ernie Hill Subject: Re: [CANSLIM] Hi - low priced stocks - --------------BE9869B4E9A54587A49BB220 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Tim Fisher wrote: I would put up real money that one or more of the stocks on your list will _never_recover from their current prices. Tim, This exchange has been entertaining even though of the subject. This will be the last I have to say on the subject lest I be reprimanded for being off topic. Fist of all it wasn't my list, I merely commented on Cisco. I agree LU is a pig and Nokia will likely never surpass its old high. However, Cisco might, but it doesn't need to, to outperform your glacier. E - --------------BE9869B4E9A54587A49BB220 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  

Tim Fisher wrote:

I would put up real money that one or more of the stocks on your list will _never_recover from their current prices.

Tim,

This exchange has been entertaining even though of the subject.

This will be the last I have to say on the subject lest I be reprimanded for being off topic. Fist of all it wasn't my list, I merely commented on Cisco. I agree LU is a pig and Nokia will likely never surpass its old high. However, Cisco might, but it doesn't need to, to outperform your glacier.

E - --------------BE9869B4E9A54587A49BB220-- - - - -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: Fri, 17 Aug 2001 18:24:07 -0400 From: "Jim Fritsch" Subject: [CANSLIM] IBD "All Clear" One page ad Someone here mentioned an "All Clear" one page ad in IBD around the start of the April rally. I must have missed it. Does anyone know what issue it appeared in (and page if possible?) Thanx - --jjf - - - -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: Fri, 17 Aug 2001 19:48:03 -0500 From: Ernie Hill Subject: Re: [CANSLIM] Jans Jans, I tried to send you an offline email again it did not work. The first email I sent to you had multiple recipients. AOL must have me blocked from sending you email. It probably thinks I am a spammer. Can you clear my email address so that I will be able to send you an offline email. E Spencer48@aol.com wrote: > Ernie: > > I just returned from vacation today, and this is the first time I've > been on my own computer since the end of July. That's why I am replying so > late. I haven't had access to a computer since last Monday. > > Why your E-mail to me should be returned to you as undelivered, I have > no idea. My E-mail address is spencer48@aol.com . Try again; I'm curious > as to your missive (Perhaps there was something wrong with AOL's mail > delivery system on 8/15). > > jans > > In a message dated 8/15/2001 4:07:40 PM Eastern Daylight Time, ernieh@ev1.net > writes: > > << I tried to send you a message off-line but it was returned undelivered. > Could you send me a message off-line and let me know what you think the > problem might be. > > Thanks, > > E >> > > - > -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: Fri, 17 Aug 2001 22:21:26 -0400 From: "Ann Hollingworth" Subject: [CANSLIM] financial stocks I noticed that there are many financial stocks in the Wknd Rev this week. In IBD's Guide to the Markets (1996), (WON not specifically cited as author), there is a discussion of group rotation. It is said that interest-sensitive stocks and/including banks come into favor at the end of a downturn or beginning of a new bull. Could anyone comment on the significance of this?? Ann (own 2 financial stocks at the moment, so I am very interested in the replies!) - - - -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: Fri, 17 Aug 2001 22:25:35 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Hi - low priced stocks This is a multi-part message in MIME format. - ------=_NextPart_000_003B_01C1276B.89B4DC80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Gene, shouldn't that be $53.44 on SEBL if you are making it an even = double? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Friday, August 17, 2001 5:28 PM Subject: Re: [CANSLIM] Hi - low priced stocks Tim, how's this for a deal... the winner declared the 2001 stock = picker and the loser the keeper of swamp land in West Texas? Gene's Picks -------------- Yesterday's Closing Price Closing Price in less than 12 months ---------------------- -------------------------------------- BEAS $17.40 $34.80 CSCO $17.48 $34.96 SEBL $26.72 $52.44 Notice, I 'gave' you yesterday's close which was higher than todays......???? Now if you had 3 CANSLIM picks it would make this more interesting. = But, I'll accept the wager just going with my three (value) picks to double = - - all three or I lose the bet and you become the stock picker and me the = swamp land care taker.... course the reverse will likely happen and you = might not be a keeper of a swamp???? Is it a deal? Gene ----- Original Message ----- From: Tim Fisher To: canslim@lists.xmission.com Sent: Friday, August 17, 2001 4:00 PM Subject: Re: [CANSLIM] Hi - low priced stocks My point exactly. The property in question was not mine but I had = assumed the news of the glacier that calved into the Nisqually and caused a = debris torrent reached outside the NW. I.e. I was comparing the beautiful = scenic property to CSCO. THeir technology could be supplanted by someone = else's (i.e. JNPR, among dozens of others) tomorrow and CSCO would fade away = just like the railroads did when the interstate highway system was built. = Of course IT is and will continue to be a fast growing business. But CSCO isn't all of IT, their products are not necessarily the best, the = cheapest, fastest, etc, nor is there no guarantee they will be so tomorrow. = Don't you follow LU? Did you think it could have happened to them 2 years ago? = Then again, I did not buy LU when they became a "value stock" either. I = would put up real money that one or more of the stocks on your list will = _never_ recover from their current prices. On 11:16 AM 8/17/01, Ernie Hill Said: >I obviously don't know or I would be rich by now. I agree with you = about >sticking >to the subject matter (canslim, but I could not resist commenting on >Cisco). I am >not interested in your property, but I have done research into CSCO's >markets they >are huge and they are not saturated. Businesses are simple not = investing in IT >infrastructure right now due to the fall-off in profits. But if you >believe that >they won't be investing again in IT infrastructure, then you must = believe that >technological progress in the business world has peaked. I cannot = accept >that view. >In three years I'll bet and investment in Cisco will have appreciated = much >more >than your property, but less than high quality canslim stocks. > >Tim Fisher wrote: > > > How do you know? Are you traveling into the future? Sure it won't = be bought > > out at so cheap a price? CANSLIM relies on a stock's past = performance, not > > predications on what it "will do" in the future. CSCO's past = performance is > > abysmal. Let's stick to the subject matter, which is CANSLIM = stocks. Should > > have said that in my last post. I still have that property for = sale... > > > > On 09:16 AM 8/17/01, Ernie Hill Said: > > >CSCO is definitely not a canslim stock, but it will certainly = survive the > > >current telecom downturn. And yes it's next earnings report will > likely not > > >show improvement. However, CSCO will recover in price before it = is > evident in > > >its quarterly reports. This stock is to widely covered for large = fund > managers > > >to not be aware that the companies business has recovered before = its > earnings > > >reports reflect that reality. CSCO is also the dominate company = in a > business > > >sector that will again experience strong growth when the economy recovers > > >which it eventually will. Bottom line if you have a long term > perspective CSCO > > >will likely provide you with some impressive returns over the = next few > years, > > >but its price may indeed go much lower than 8% below where it is = now > before it > > >moves higher. > > > > > >It's not often you find a VALUE stock with CSCO's long term = growth > potential! > > > > > >E > > > > > >Tim Fisher wrote: > > > > > > > Tell that to the guy in my office who thought those beaten = down techs > > > > couldn't get any cheaper. He now has two under threat of = delisting, one > > > > that was bought out for less than the current price (something = like 92 > > > > cents, it was $150, OMKT I believe). As someone has said many > times, cheap > > > > stocks tend to get cheaper. What do you think will happen to = CSCO > the next > > > > earnings report? Think it will shoot up? If you do, call me, I = have > some > > > > property for sale, it's ideally located on the Nisqually River = on the > > > > border of Mt Ranier NP! > > > > > > > > On 06:41 AM 8/17/01, Dennis Chia Said: > > > > > > > > >Thanks for the all replies, insights and advice :) Actually = i'm > now in > > > > >the stage of learning and researching, no hurry to get *into* = it > and end > > > > >up making the wrong decisions, the *down* market seems = attractive > > > > >now though for tech stocks like CSCO, LU, NOK, etc that have = been > beaten > > > > >down quite badly ... if you intend to buy and hold on the = long > term .... > > > > >In slow times such as these, would Value investing be more appropriate > > > > >instead of the CANSLIM method? > > > > > > > > > >Regards, > > > > >Dennis > > > > > > > > > > > > > > > > > > > >- > > > > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > > > > >-In the email body, write "subscribe canslim" or > > > > >-"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > Tim Fisher > > > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > > > > > Tim@OreRockOn.com > > > > WWW: http://OreRockOn.com > > > > See naked fish and rocks! > > > > > > > > - > > > > -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. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > -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. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_003B_01C1276B.89B4DC80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Gene, shouldn't that be $53.44 on SEBL if you are = making it an=20 even double?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Gene = Ricci
To: canslim@lists.xmission.com =
Sent: Friday, August 17, 2001 = 5:28=20 PM
Subject: Re: [CANSLIM] Hi - low = priced=20 stocks

Tim, how's this for a deal... the winner declared the = 2001=20 stock picker and
the loser the keeper of swamp land in West=20 Texas?

Gene's Picks
--------------
Yesterday's Closing=20 Price        Closing Price in less = than 12=20 = months
----------------------       = ; =20 --------------------------------------
BEAS=20 = $17.40           &= nbsp;           &n= bsp;  =20 $34.80
CSCO=20 = $17.48           &= nbsp;           &n= bsp;  =20 $34.96
SEBL =20 = $26.72           &= nbsp;           &n= bsp; =20 $52.44

Notice, I 'gave' you yesterday's close which was higher=20 than
todays......????

Now if you had 3 CANSLIM picks it = would make=20 this more interesting. But,
I'll accept the wager just going with = my three=20 (value) picks to double - all
three or I lose the bet and you = become the=20 stock picker and me the swamp
land care taker.... course the = reverse will=20 likely happen and you might not
be a keeper of a = swamp????

Is it a=20 deal?
Gene



----- Original Message -----
From: Tim = Fisher
To: canslim@lists.xmission.com=
Sent:=20 Friday, August 17, 2001 4:00 PM
Subject: Re: [CANSLIM] Hi - low = priced=20 stocks


My point exactly. The property in question was not = mine but=20 I had assumed
the news of the glacier that calved into the = Nisqually and=20 caused a debris
torrent reached outside the NW. I.e. I was = comparing the=20 beautiful scenic
property to CSCO. THeir technology could be = supplanted by=20 someone else's
(i.e. JNPR, among dozens of others) tomorrow and = CSCO would=20 fade away just
like the railroads did when the interstate highway = system=20 was built. Of
course IT is and will continue to be a fast growing = business.=20 But CSCO
isn't all of IT, their products are not necessarily the = best, the=20 cheapest,
fastest, etc, nor is there no guarantee they will be so = tomorrow.=20 Don't you
follow LU? Did you think it could have happened to them 2 = years=20 ago? Then
again, I did not buy LU when they became a "value stock" = either.=20 I would
put up real money that one or more of the stocks on your = list will=20 _never_
recover from their current prices.

On 11:16 AM = 8/17/01,=20 Ernie Hill Said:
>I obviously don't know or I would be rich by = now. I=20 agree with you about
>sticking
>to the subject matter = (canslim,=20 but I could not resist commenting on
>Cisco). I am
>not = interested=20 in your property, but I have done research into CSCO's
>markets=20 they
>are huge and they are not saturated. Businesses are simple = not=20 investing in
IT
>infrastructure right now due to the fall-off = in=20 profits. But if you
>believe that
>they won't be investing = again=20 in IT infrastructure, then you must = believe
that
>technological=20 progress in the business world has peaked. I cannot accept
>that = view.
>In three years I'll bet and investment in Cisco will have = appreciated much
>more
>than your property, but less than = high=20 quality canslim stocks.
>
>Tim Fisher = wrote:
>
> >=20 How do you know? Are you traveling into the future? Sure it won't=20 be
bought
> > out at so cheap a price? CANSLIM relies on a = stock's=20 past performance,
not
> > predications on what it "will = do" in the=20 future. CSCO's past performance
is
> > abysmal. Let's = stick to the=20 subject matter, which is CANSLIM stocks.
Should
> > have = said that=20 in my last post. I still have that property for sale...
> = >
>=20 > On 09:16 AM 8/17/01, Ernie Hill Said:
> > >CSCO is = definitely=20 not a canslim stock, but it will certainly survive
the
> > = >current telecom downturn. And yes it's next earnings report = will
>=20 likely not
> > >show improvement. However, CSCO will = recover in=20 price before it is
> evident in
> > >its quarterly = reports.=20 This stock is to widely covered for large fund
> = managers
> >=20 >to not be aware that the companies business has recovered before=20 its
> earnings
> > >reports reflect that reality. = CSCO is=20 also the dominate company in a
> business
> > = >sector that=20 will again experience strong growth when the = economy
recovers
> >=20 >which it eventually will. Bottom line if you have a long = term
>=20 perspective CSCO
> > >will likely provide you with some = impressive=20 returns over the next few
> years,
> > >but its = price may=20 indeed go much lower than 8% below where it is now
> before = it
>=20 > >moves higher.
> > >
> > >It's not = often you=20 find a VALUE stock with CSCO's long term growth
> = potential!
>=20 > >
> > >E
> > >
> > >Tim = Fisher=20 wrote:
> > >
> > > > Tell that to the guy = in my=20 office who thought those beaten down
techs
> > > > = couldn't=20 get any cheaper. He now has two under threat of = delisting,
one
> >=20 > > that was bought out for less than the current price = (something=20 like
92
> > > > cents, it was $150, OMKT I believe). = As=20 someone has said many
> times, cheap
> > > > = stocks tend=20 to get cheaper. What do you think will happen to CSCO
> the = next
>=20 > > > earnings report? Think it will shoot up? If you do, = call me, I=20 have
> some
> > > > property for sale, it's = ideally=20 located on the Nisqually River on
the
> > > > border = of Mt=20 Ranier NP!
> > > >
> > > > On 06:41 AM = 8/17/01,=20 Dennis Chia Said:
> > > >
> > > > = >Thanks for=20 the all replies, insights and advice  :)  Actually = i'm
> now=20 in
> > > > >the stage of learning and researching, = no hurry=20 to get *into* it
> and end
> > > > >up making = the=20 wrong decisions, the *down* market seems attractive
> > > = >=20 >now though for tech stocks like CSCO, LU, NOK, etc that have = been
>=20 beaten
> > > > >down quite badly ... if you intend = to buy=20 and hold on the long
> term ....
> > > > >In = slow=20 times such as these, would Value investing be = more
appropriate
> >=20 > > >instead of the CANSLIM method?
> > > >=20 >
> > > > >Regards,
> > > >=20 >Dennis
> > > > >
> > > > = >
>=20 > > > >
> > > > >-
> > > = >=20 >-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > > >-In the email body, write "subscribe canslim" or
> = >=20 > > >-"unsubscribe canslim".  Do not use quotes in your=20 email.
> > > >
> > > > Tim = Fisher
> >=20 > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites
> = >=20 > >
> > > > Tim@OreRockOn.com
> > = > >=20 WWW: http://OreRockOn.com
> = > >=20 > See naked fish and rocks!
> > > >
> > = > >=20 -
> > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > > -In the email body, write "subscribe canslim" or
> = > >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.
>=20 > >
> > >
> > >-
> > >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >-In the email body, write "subscribe canslim" or
> >=20 >-"unsubscribe canslim".  Do not use quotes in your = email.
>=20 >
> > Tim Fisher
> > Ore-Rock-On and Pacific = Fishery=20 Biologists WWW Sites
> >
> > Tim@OreRockOn.com
> > = WWW: http://OreRockOn.com
> > = See naked=20 fish and rocks!
> >
> > -
> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = - -"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>
>
>-
>-To subscribe/unsubscribe, = email "majordomo@xmission.com"
>= ;-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.

Tim=20 Fisher
Ore-Rock-On and Pacific Fishery Biologists WWW = Sites

Tim@OreRockOn.com
WWW: http://OreRockOn.com
See naked = fish and=20 rocks!


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


-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email.
- ------=_NextPart_000_003B_01C1276B.89B4DC80-- - - - -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: Fri, 17 Aug 2001 22:50:26 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Hi - low priced stocks This is a multi-part message in MIME format. - ------=_NextPart_000_004E_01C1276F.020F6120 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Interesting discussion tonight, at a minimum shows that many of us have = a hard time letting go of our expectations for the future for the market = at large, and some well known names in particular. I confess that if I could afford it, I too would be tempted to pick up = some of these previously great names, and just stuff them in the = mattress or the next few years. But staying with Cisco as the example, = for those willing to speculate on what the future may hold, and how = quickly it will arrive, consider this.=20 CSCO sales and earnings will pick up once the major corps resume capital = spending. Let's assume they still have the competitive edge on their = primary products by the time that happens. But if you are willing to = speculate on all that, you must also consider the possibility that some = small company you had never heard of (how many had heard of Cisco even = six or seven years ago) has some young bright genius working for them, = and he develops leading edge technology that he plugs into a widget. = Once the widget is plugged into CSCO's routers, it increases capacity or = transmission speed or whatever a hundred fold. Now, instead of companies = simply already owning their excess capacity from the buildout over the = past several years, they can add a huge increase rather than upgrading = to CSCO's latest model. Point is, the reason tech stocks have done so well in the past decade is = due to new and emerging technology. It's still happening even now. None = of us are likely to know what new thing may come out in the next six = months or next two years that virtually wipes out the sales capacity of = a CSCO or SEBL or BEAS or AOL or YHOO or any number of other past great = performers. Yes, all these names will undoubtedly enjoy continued = institutional support, but that support will also flee them quickly if = this should happen. I would also note that, again using CSCO as the example, even tho it is = now 76% off its 12 month high, it is still trading at 41 times trailing = earnings. Using projected PE, it is trading at 92 times projected = earnings for the year just started 8/1/01. If those earnings forecasts = prove correct, and I think that is possible, this once great stock could = lose another half of its price today, and still be trading with a = trailing PE of over 40. That isn't a "value investing" scenario, it is a = severely over valued stock waiting to be shorted (not that I could bring = myself to short it either). Those are extraordinary high PE numbers = (whether trailing or projected) for such an ugly "M" as we have today. Not even the market knows what it will do next week, or next month. We = certainly do not. Speculating on what it "might" do only serves to cloud = your judgment on what it actually is doing now. I am going to stick to my small caps, and keep trying to find the = company with that young bright genius hard at work. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, August 17, 2001 3:33 PM Subject: Re: [CANSLIM] Hi - low priced stocks Ernie: Cisco sells commodity products - the Internet has been such a success because the networking is so standardized. The recent bubble served to = pour billions of $$$ of capital into the industry, creating a huge excess = of capacity for those commodities. Even if businesses do continue to = invest, there are no guarantees that they wont have the option of being = extremely price-sensitive. What this means is that although Cisco and their ilk = will continue to move product, they might do it at a profitability rate = just a fraction of that during the boom years. CANSLIM insists that we are proven right BEFORE we invest (with = growing EPS) - in an effort to ensure this kind of no-profit scenario doesn't = play out. Remember, Visteon (VC-NYSE) sells to a market larger than Cisco, with similar annual sales, yet their market cap is 1/70th that of CSCO - = because margins are so thin. Ian ----- Original Message ----- From: Ernie Hill To: Sent: Friday, August 17, 2001 11:16 AM Subject: Re: [CANSLIM] Hi - low priced stocks > I obviously don't know or I would be rich by now. I agree with you = about sticking > to the subject matter (canslim, but I could not resist commenting on Cisco). I am > not interested in your property, but I have done research into = CSCO's markets they > are huge and they are not saturated. Businesses are simple not = investing in IT > infrastructure right now due to the fall-off in profits. But if you believe that > they won't be investing again in IT infrastructure, then you must = believe that > technological progress in the business world has peaked. I cannot = accept that view. > In three years I'll bet and investment in Cisco will have = appreciated much more > than your property, but less than high quality canslim stocks. > > Tim Fisher wrote: > > > How do you know? Are you traveling into the future? Sure it won't = be bought > > out at so cheap a price? CANSLIM relies on a stock's past = performance, not > > predications on what it "will do" in the future. CSCO's past = performance is > > abysmal. Let's stick to the subject matter, which is CANSLIM = stocks. Should > > have said that in my last post. I still have that property for = sale... > > > > On 09:16 AM 8/17/01, Ernie Hill Said: > > >CSCO is definitely not a canslim stock, but it will certainly = survive the > > >current telecom downturn. And yes it's next earnings report will = likely not > > >show improvement. However, CSCO will recover in price before it = is evident in > > >its quarterly reports. This stock is to widely covered for large = fund managers > > >to not be aware that the companies business has recovered before = its earnings > > >reports reflect that reality. CSCO is also the dominate company = in a business > > >sector that will again experience strong growth when the economy recovers > > >which it eventually will. Bottom line if you have a long term perspective CSCO > > >will likely provide you with some impressive returns over the = next few years, > > >but its price may indeed go much lower than 8% below where it is = now before it > > >moves higher. > > > > > >It's not often you find a VALUE stock with CSCO's long term = growth potential! > > > > > >E > > > > > >Tim Fisher wrote: > > > > > > > Tell that to the guy in my office who thought those beaten = down techs > > > > couldn't get any cheaper. He now has two under threat of = delisting, one > > > > that was bought out for less than the current price (something = like 92 > > > > cents, it was $150, OMKT I believe). As someone has said many = times, cheap > > > > stocks tend to get cheaper. What do you think will happen to = CSCO the next > > > > earnings report? Think it will shoot up? If you do, call me, I = have some > > > > property for sale, it's ideally located on the Nisqually River = on the > > > > border of Mt Ranier NP! > > > > > > > > On 06:41 AM 8/17/01, Dennis Chia Said: > > > > > > > > >Thanks for the all replies, insights and advice :) Actually = i'm now in > > > > >the stage of learning and researching, no hurry to get *into* = it and end > > > > >up making the wrong decisions, the *down* market seems = attractive > > > > >now though for tech stocks like CSCO, LU, NOK, etc that have = been beaten > > > > >down quite badly ... if you intend to buy and hold on the = long term .... > > > > >In slow times such as these, would Value investing be more appropriate > > > > >instead of the CANSLIM method? > > > > > > > > > >Regards, > > > > >Dennis > > > > > > > > > > > > > > > > > > > >- > > > > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > > > > >-In the email body, write "subscribe canslim" or > > > > >-"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > Tim Fisher > > > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > > > > > Tim@OreRockOn.com > > > > WWW: http://OreRockOn.com > > > > See naked fish and rocks! > > > > > > > > - > > > > -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. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_004E_01C1276F.020F6120 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Interesting discussion tonight, at a minimum shows = that many=20 of us have a hard time letting go of our expectations for the future for = the=20 market at large, and some well known names in particular.
 
I confess that if I could afford it, I too would be = tempted to=20 pick up some of these previously great names, and just stuff them in the = mattress or the next few years. But staying with Cisco as the example, = for those=20 willing to speculate on what the future may hold, and how quickly it = will=20 arrive, consider this.
 
CSCO sales and earnings will pick up once the major = corps=20 resume capital spending. Let's assume they still have the competitive = edge on=20 their primary products by the time that happens. But if you are willing = to=20 speculate on all that, you must also consider the possibility that some = small=20 company you had never heard of (how many had heard of Cisco even six or = seven=20 years ago) has some young bright genius working for them, and he = develops=20 leading edge technology that he plugs into a widget. Once the widget is = plugged=20 into CSCO's routers, it increases capacity or transmission speed or = whatever a=20 hundred fold. Now, instead of companies simply already owning their = excess=20 capacity from the buildout over the past several years, they can add a = huge=20 increase rather than upgrading to CSCO's latest model.
 
Point is, the reason tech stocks have done so well = in the past=20 decade is due to new and emerging technology. It's still happening even = now.=20 None of us are likely to know what new thing may come out in the next = six months=20 or next two years that virtually wipes out the sales capacity of a CSCO = or SEBL=20 or BEAS or AOL or YHOO or any number of other past great performers. = Yes, all=20 these names will undoubtedly enjoy continued institutional support, but = that=20 support will also flee them quickly if this should happen.
 
I would also note that, again using CSCO as the = example, even=20 tho it is now 76% off its 12 month high, it is still trading at 41 times = trailing earnings. Using projected PE, it is trading at 92 times = projected=20 earnings for the year just started 8/1/01. If those earnings forecasts = prove=20 correct, and I think that is possible, this once great stock could lose = another=20 half of its price today, and still be trading with a trailing PE of over = 40.=20 That isn't a "value investing" scenario, it is a severely over valued = stock=20 waiting to be shorted (not that I could bring myself to short it = either). Those=20 are extraordinary high PE numbers (whether trailing or projected) for = such an=20 ugly "M" as we have today.
 
Not even the market knows what it will do next week, = or next=20 month. We certainly do not. Speculating on what it "might" do only = serves to=20 cloud your judgment on what it actually is doing now.
 
I am going to stick to my small caps, and keep = trying to find=20 the company with that young bright genius hard at work.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ian =
To: canslim@lists.xmission.com =
Sent: Friday, August 17, 2001 = 3:33=20 PM
Subject: Re: [CANSLIM] Hi - low = priced=20 stocks

Ernie:

Cisco sells commodity products - the = Internet has=20 been such a success
because the networking is so standardized. The = recent=20 bubble served to pour
billions of $$$ of capital into the industry, = creating a huge excess of
capacity for those commodities. Even if=20 businesses do continue to invest,
there are no guarantees that they = wont=20 have the option of being extremely
price-sensitive. What this means = is that=20 although Cisco and their ilk will
continue to move product, they = might do=20 it at a profitability rate just a
fraction of that during the boom=20 years.

CANSLIM insists that we are proven right BEFORE we = invest (with=20 growing
EPS) - in an effort to ensure this kind of no-profit = scenario=20 doesn't play
out.

Remember, Visteon (VC-NYSE) sells to a = market=20 larger than Cisco, with
similar annual sales, yet their market cap = is=20 1/70th that of CSCO - because
margins are so=20 thin.

Ian



----- Original Message -----
From: = Ernie=20 Hill <ernieh@ev1.net>
To: <canslim@lists.xmission.com= >
Sent:=20 Friday, August 17, 2001 11:16 AM
Subject: Re: [CANSLIM] Hi - low = priced=20 stocks


> I obviously don't know or I would be rich by = now. I=20 agree with you about
sticking
> to the subject matter = (canslim, but I=20 could not resist commenting on
Cisco). I am
> not interested = in your=20 property, but I have done research into CSCO's
markets they
> = are=20 huge and they are not saturated. Businesses are simple not = investing
in=20 IT
> infrastructure right now due to the fall-off in profits. = But if=20 you
believe that
> they won't be investing again in IT=20 infrastructure, then you must believe
that
> technological = progress=20 in the business world has peaked. I cannot accept
that = view.
> In=20 three years I'll bet and investment in Cisco will have appreciated=20 much
more
> than your property, but less than high quality = canslim=20 stocks.
>
> Tim Fisher wrote:
>
> > How do = you=20 know? Are you traveling into the future? Sure it won't = be
bought
>=20 > out at so cheap a price? CANSLIM relies on a stock's past=20 performance,
not
> > predications on what it "will do" in = the=20 future. CSCO's past performance
is
> > abysmal. Let's = stick to the=20 subject matter, which is CANSLIM stocks.
Should
> > have = said that=20 in my last post. I still have that property for sale...
> = >
>=20 > On 09:16 AM 8/17/01, Ernie Hill Said:
> > >CSCO is = definitely=20 not a canslim stock, but it will certainly survive
the
> > = >current telecom downturn. And yes it's next earnings report will=20 likely
not
> > >show improvement. However, CSCO will = recover in=20 price before it is
evident in
> > >its quarterly = reports. This=20 stock is to widely covered for large fund
managers
> > = >to not=20 be aware that the companies business has recovered before=20 its
earnings
> > >reports reflect that reality. CSCO is = also=20 the dominate company in a
business
> > >sector that = will again=20 experience strong growth when the economy
recovers
> > = >which=20 it eventually will. Bottom line if you have a long term
perspective = CSCO
> > >will likely provide you with some impressive = returns=20 over the next few
years,
> > >but its price may indeed = go much=20 lower than 8% below where it is now
before it
> > = >moves=20 higher.
> > >
> > >It's not often you find a = VALUE=20 stock with CSCO's long term growth
potential!
> > = >
>=20 > >E
> > >
> > >Tim Fisher = wrote:
> >=20 >
> > > > Tell that to the guy in my office who = thought=20 those beaten down
techs
> > > > couldn't get any = cheaper. He=20 now has two under threat of delisting,
one
> > > > = that was=20 bought out for less than the current price (something = like
92
> >=20 > > cents, it was $150, OMKT I believe). As someone has said = many=20 times,
cheap
> > > > stocks tend to get cheaper. = What do you=20 think will happen to CSCO
the next
> > > > earnings = report?=20 Think it will shoot up? If you do, call me, I have
some
> = > >=20 > property for sale, it's ideally located on the Nisqually River=20 on
the
> > > > border of Mt Ranier NP!
> > = >=20 >
> > > > On 06:41 AM 8/17/01, Dennis Chia = Said:
>=20 > > >
> > > > >Thanks for the all replies, = insights=20 and advice  :)  Actually i'm
now in
> > > = >=20 >the stage of learning and researching, no hurry to get *into* = it
and=20 end
> > > > >up making the wrong decisions, the = *down*=20 market seems attractive
> > > > >now though for tech = stocks=20 like CSCO, LU, NOK, etc that have been
beaten
> > > = >=20 >down quite badly ... if you intend to buy and hold on the long=20 term
....
> > > > >In slow times such as these, = would=20 Value investing be more
appropriate
> > > > = >instead of=20 the CANSLIM method?
> > > > >
> > > > = >Regards,
> > > > >Dennis
> > > >=20 >
> > > > >
> > > > >
> = > >=20 > >-
> > > > >-To subscribe/unsubscribe, email = "majordomo@xmission.com"
>= ; >=20 > > >-In the email body, write "subscribe canslim" or
> = >=20 > > >-"unsubscribe canslim".  Do not use quotes in your=20 email.
> > > >
> > > > Tim = Fisher
> >=20 > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites
> = >=20 > >
> > > > Tim@OreRockOn.com
> > = > >=20 WWW: http://OreRockOn.com
> = > >=20 > See naked fish and rocks!
> > > >
> > = > >=20 -
> > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > > -In the email body, write "subscribe canslim" or
> = > >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.
>=20 > >
> > >
> > >-
> > >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >-In the email body, write "subscribe canslim" or
> >=20 >-"unsubscribe canslim".  Do not use quotes in your = email.
>=20 >
> > Tim Fisher
> > Ore-Rock-On and Pacific = Fishery=20 Biologists WWW Sites
> >
> > Tim@OreRockOn.com
> > = WWW: http://OreRockOn.com
> > = See naked=20 fish and rocks!
> >
> > -
> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = - -"unsubscribe=20 canslim".  Do not use quotes in your = email.
>
>
>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_004E_01C1276F.020F6120-- - - - -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 #1619 ****************************** 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.