Re: [CANSLIM] Intro: Ted Snyder

From: "Patrick Wahl" <pwahl@postoffice.worldnet.att.net>
Subject: Re: [CANSLIM] Intro: Ted Snyder
Date: Wed, 8 Apr 1998 06:57:48 -0800

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> From:          "T. Snyder" <cub4u2@email.msn.com>
> To:            <canslim@xmission.com>

> Second, Cell Robotics International, Inc. (OTC:  CRII).  I bought this after
> learning about CANSLIM.  Although CRII has some C and A problems, it's
> potential strength with the other factors seemed so great that I bought it

I shouldn't even think of making a comment to someone who has been 
smart enough to own MSFT for the last two years, but I will anyway -

CRII doesn't seem to qualify as CANSLIM on several counts - one, 
William O'Neil is adamant about not buying stocks under 10 a share, 
I've heard him say this many times.  He feels stocks priced that low 
are generally lower quality and you decrease your odds of finding a 
good company.  Also, as you say, no C and no A. This doesn't mean 
you shouldn't own the stock if you are confident of the fundamentals, 
just that you aren't applying CANSLIM principles. 



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