RE: UOPX (was: [CANSLIM] VectorVest fundies)

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: RE: UOPX (was: [CANSLIM] VectorVest fundies)
Date: Tue, 12 Mar 2002 08:42:45 -0700

Next Article (by Subject): [CANSLIM] Microcap Question "Rob Miller"
Previous Article (by Subject): RE: UOPX (was: [CANSLIM] VectorVest fundies) "Duke Miller"
Top of Thread: RE: UOPX (was: [CANSLIM] VectorVest fundies) "Duke Miller"
Articles sorted by: [Date] [Author] [Subject]

I didn't get into UOPX, couldn't convince myself it was a great industry.  I have also 
been avoiding breakouts for the most part.  If a stock I like breaks out, I have been 
watching it and seeing if it pulls back and how it acts, then I might get in, but I see 
too many breakouts fail lately to get in on the initial breakout.  (like I said a couple 
months ago, you could make more money shorting breakouts than buying them)

Interesting industry grouping....

On 12 Mar 2002 at 10:27, Duke Miller wrote:

> Patrick & Katherine:
> 
> I got stopped out as well.
> 
> Upon heeding your advice Katherine, a glance at IBD Industry Group lists the
> following:
>  U of Phnx Onln
>       Ticktmstr CIB
>       Hotel Rsrv Nwk
>       Net Bank Inc.
>       Neoforma Inc
>       Global Sports
>       Getty Images
>       1800Flowers.cm
>       Expedia Inc
>       eBay Inc.
>       Digital River
>       DoubleClick
>       Cryptologic
>       Amazon Comm
> 
> 
> What in the name of WON do post-secondary education companies like UOPX have
> in common with Ticketmaster?!?!  At Multex (you can register for free) they
> have a 54 page Piper-Jaffrey report on the industry and feature the
> following companies in the report:
> 
>        In This Report:
>       APOL, CECO, COCO, DTHK, EDMC, EDSN, LSPN, LTRE, REVU, RLRN, SCHS,
> SLVN, SMTF, UOPS
> 
> 
> 
> 
> Certainly worth a look-see.  And further testimony that IBD needs to
> continue refining its industry groups.
> 
> Duke
>   -----Original Message-----
>   From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
>   Sent: Monday, March 11, 2002 12:01 AM
>   To: canslim@lists.xmission.com
>   Subject: Re: UOPX (was: [CANSLIM] VectorVest fundies)
> 
> 
>   Hi Patrick,
> 
>   Three essential reasons:
> 
>   (1) APOL, the parent, owns the lion's share of outstanding shares. As goes
> APOL, so goes UOPX. APOL made a feeble attempt at breaking out of a cup with
> no handle 2/26. Immediately tailed down the following day. No valid handle
> to go with the rest of the cup, so APOL's breakout on 3/4 was bogus in my
> mind. UOPX gapped and staged an attempted B/O on the same day, but given
> APOL's lousy chart, I put the odds of UOPX's B/O succeeding at very low.
> 
>   (2) At the time I saw UOPX setting up, its forward PE (not trailing) based
> on EPS estimates and growth rate had it at 2 times the industry average. In
> a market where value has been steadily outperforming growth, I know that no
> stock that is so significantly overpriced by comparison has a chance of
> going anywhere.
> 
>   (3) The rest of the stocks in the industry are also setting up, so the
> industry is strong. I would rather choose another stock in the same industry
> with a better "story", technicals and valuation as a result.
> 
>   Katherine
>     ----- Original Message -----
>     From: Patrick Wahl
>     To: canslim@lists.xmission.com
>     Sent: Sunday, March 10, 2002 1:05 PM
>     Subject: Re: [CANSLIM] VectorVest fundies
> 
> 
>     If you don't mind one more question, just briefly why did you say a day
> or two ago
>     that you thought UOPX was not a suitable Canslim buy candidate?
> 
>     My limited examination of the fundamentals didn't turn up any obvious
> problems,
>     and technically I thought it looked ok.  As I mentioned last week, I had
> questions
>     about its longer term potential, but short term could not see anything
> wrong.
> 



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

Go to Jeff Salisbury LWGate Home Page.