Go to Jeff Salisbury LWGate Home Page.From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] MicroCaps
Date: Fri, 22 Mar 2002 07:03:04 -0800
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IMHO, ACMR had its CANSLIM volume breakout in October at $18. My experience in this market is that once the secondary hits (after the shares have doubled in 5 months, and are up 300%+ on the year), it is time to be very cautious. Personally, I will use very tight stops (much less than 7%) if I ever buy a stock thats just done a secondary after a big run. Some even make it to my short-sell watch list. Also, I saw some real weakness in retailers the last couple of days.
Just my 2 cents - worth waht you paid for it,
Ian
----- Original Message -----
From: Robert Hodes
To: canslim@lists.xmission.com
Sent: Thursday, March 21, 2002 8:19 PM
Subject: Re: [CANSLIM] MicroCaps
Tom: Thanks for your comments. Here's one more for the mix ACMR. It has a nicer 3 year growth rate for earnings and revenue. Projected earnings growth of 26%. Sector is rated #2. May be little extended past it's pivot point. As I read the chart, pp is 34.
Bob Hodes
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Thursday, March 21, 2002 5:51 AM
Subject: Re: [CANSLIM] MicroCaps
Hi Robert,
Some quick comments:
INT - both sales and earnings stagnant on sequential basis, weak forecasts, very weak industry
MIMS - same thing, despite a 34% earnings growth forecast for present year
RACN - nice chart and growing fundies, may be developing into a steep LLUR
Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
----- Original Message -----
From: Robert Hodes
To: canslim@lists.xmission.com
Sent: Wednesday, March 20, 2002 8:51 PM
Subject: Re: [CANSLIM] MicroCaps
HI: I'm new to this listserve but I've been reading IBD for some time now. I also have an interest in micro and small caps. I've been evaluating a strategy that looks at stocks selected by IBD criteria and crossreferences this list with stocks selected by a GARP (growth at a reasonably price strategy). This tends to identify many small cap companies. A few look like they are about to breakout to new highs. They all have good EPS and RS ratings. Currently, I'm watching INT and MIMS and RACN from this selection process. Good luck.
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Wednesday, March 20, 2002 6:24 PM
Subject: Re: [CANSLIM] MicroCaps
Gene,
Micro and really, really small "small caps" are my favorites. I review daily a list of stocks hitting new highs that day, using Marketwatch at the CBS site. My basic parameters are volume of 1000 to 500,000 shares traded that day, price from $2 to $20, market cap up to several hundred million (depending on your preference), and trailing PE of 1 to 100.
For CANSLIM criteria, I want RS at least over 80, but preferably well over 90. I will accept EPS ranking down to about 50 or so, but only if I can vocalize why earnings per share is ready to accelerate. I personally prefer funds ownership in the low single digits to zero (I like to be smarter and quicker than the average small cap fund manager), with management ownership well into double digits. I have had some of my better results with management owning over 50% of the issue.
While I like ROE well into double digits, I have had many winners where it was in the low single digits when I first bought it.
Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
----- Original Message -----
From: Gene Ricci
To: canslim@lists.xmission.com
Sent: Wednesday, March 20, 2002 6:57 PM
Subject: [CANSLIM] MicroCaps
I would like to find fundamentally sound microcap stocks... any hints on DGO criteria... ?
Thanks,
Gene
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Wednesday, March 20, 2002 5:25 PM
Subject: Re: [CANSLIM] SMD
Good luck, I saw it on many of my daily lists, but also could not convince
myself that Karaoke (shudder) was making a come back.
Guess I should have dug deeper despite my lack of singing talent.
Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
----- Original Message -----
From: "Ricardo Bekin" <rbekin@hotmail.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, March 20, 2002 6:02 PM
Subject: Re: [CANSLIM] SMD
HI Tom, I thought it might have been an acquisition, but then I dug into the
financials and listened to the latest conference call, and the bottom line
is it was growth, pure and simple (I personally don't like Karaoke, but I
guess there's a whole lot of wannabe Wayne Newtons and Spice Girls out
there)
SMD thinks they can continue to grow in the US (it would be great if they
picked up the WalMart account) and then will also expand in Europe
by the way, I had some other issues with the Balance Sheet, like the huge
spike in A/R, but the CC cleared that too (they have already collected on
most or all of the receivables)
"sounds" good to me
----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: <canslim@lists.xmission.com>
Sent: Wednesday, March 20, 2002 4:49 PM
Subject: Re: [CANSLIM] SMD
> Ricardo,
>
> I note that the Sep and Dec quarters tripled sales, and earnings went
> through the roof. I would want to know that whatever happened to cause
this
> (maybe an acquisition?) will continue in the future.
>
> Tom Worley
> stkguru@bellsouth.net
> AIM: TexWorley
> ----- Original Message -----
> From: "Ricardo Bekin" <rbekin@hotmail.com>
> To: "CANSLIM" <canslim@lists.xmission.com>
> Sent: Wednesday, March 20, 2002 1:13 PM
> Subject: [CANSLIM] SMD
>
>
> SMD is close to a new high today, on 1.5 times ADV, it just keeps humming
> along (sorry...)
>
> I liked the fundamentals and bought it earlier this month (before the
split)
>
> Ricardo
>
> -
> -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.
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.
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<DIV><FONT size=2>IMHO, ACMR had its CANSLIM volume breakout in October at $18.
My experience in this market is that once the secondary hits (after the shares
have doubled in 5 months, and are up 300%+ on the year), it is time to be very
cautious. Personally, I will use very tight stops (much less than 7%) if I ever
buy a stock thats just done a secondary after a big run. Some even make it to my
short-sell watch list. Also, I saw some real weakness in retailers the last
couple of days.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Just my 2 cents - worth waht you paid for it,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<BLOCKQUOTE dir=ltr
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:rchodes@charter.net" title=rchodes@charter.net>Robert
Hodes</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, March 21, 2002 8:19
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] MicroCaps</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Tom: Thanks for your comments. Here's
one more for the mix ACMR. It has a nicer 3 year growth rate for
earnings and revenue. Projected earnings growth of 26%. Sector is
rated #2. May be little extended past it's pivot point. As I read
the chart, pp is 34. </FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Bob Hodes</FONT></DIV>
<BLOCKQUOTE dir=ltr
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:stkguru@bellsouth.net" title=stkguru@bellsouth.net>Tom
Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, March 21, 2002 5:51
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] MicroCaps</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>Hi Robert,</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>Some quick comments:</FONT></DIV>
<DIV><FONT face=Arial>INT - both sales and earnings stagnant on sequential
basis, weak forecasts, very weak industry</FONT></DIV>
<DIV><FONT face=Arial>MIMS - same thing, despite a 34% earnings growth
forecast for present year</FONT></DIV>
<DIV><FONT face=Arial>RACN - nice chart and growing fundies, may be
developing into a steep LLUR</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV>Tom Worley<BR><A
href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:
TexWorley</DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:rchodes@charter.net" title=rchodes@charter.net>Robert Hodes</A>
</DIV>
<DIV><B>To:</B> <A href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV><B>Sent:</B> Wednesday, March 20, 2002 8:51 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] MicroCaps</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>HI: I'm new to this listserve but I've
been reading IBD for some time now. I also have an interest in micro
and small caps. I've been evaluating a strategy that looks at stocks
selected by IBD criteria and crossreferences this list with stocks selected
by a GARP (growth at a reasonably price strategy). This tends to
identify many small cap companies. A few look like they are about to
breakout to new highs. They all have good EPS and RS ratings.
Currently, I'm watching INT and MIMS and RACN from this selection
process. Good luck.</FONT></DIV>
<BLOCKQUOTE dir=ltr
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:stkguru@bellsouth.net" title=stkguru@bellsouth.net>Tom
Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, March 20, 2002 6:24
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM]
MicroCaps</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>Gene,</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>Micro and really, really small "small caps" are my
favorites. I review daily a list of stocks hitting new highs that day,
using Marketwatch at the CBS site. My basic parameters are volume of 1000
to 500,000 shares traded that day, price from $2 to $20, market cap up to
several hundred million (depending on your preference), and trailing PE of
1 to 100.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>For CANSLIM criteria, I want RS at least over 80,
but preferably well over 90. I will accept EPS ranking down to about 50 or
so, but only if I can vocalize why earnings per share is ready to
accelerate. I personally prefer funds ownership in the low single digits
to zero (I like to be smarter and quicker than the average small cap fund
manager), with management ownership well into double digits. I have had
some of my better results with management owning over 50% of the
issue.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>While I like ROE well into double digits, I have had
many winners where it was in the low single digits when I first bought
it.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV>Tom Worley<BR><A
href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:
TexWorley</DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:genr@swbell.net" title=genr@swbell.net>Gene Ricci</A> </DIV>
<DIV><B>To:</B> <A href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV><B>Sent:</B> Wednesday, March 20, 2002 6:57 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] MicroCaps</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face="Comic Sans MS">I would like to find
fundamentally sound microcap stocks... any hints on DGO criteria...
?</FONT></DIV>
<DIV><FONT face="Comic Sans MS"></FONT> </DIV>
<DIV><FONT face="Comic Sans MS">Thanks,</FONT></DIV>
<DIV><FONT face="Comic Sans MS">Gene</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:stkguru@bellsouth.net" title=stkguru@bellsouth.net>Tom
Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:canslim@lists.xmission.com"
title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, March 20, 2002
5:25 PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] SMD</DIV>
<DIV><BR></DIV>Good luck, I saw it on many of my daily lists, but also
could not convince<BR>myself that Karaoke (shudder) was making a come
back.<BR><BR>Guess I should have dug deeper despite my lack of singing
talent.<BR><BR>Tom Worley<BR><A
href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:
TexWorley<BR>----- Original Message -----<BR>From: "Ricardo Bekin"
<<A
href="mailto:rbekin@hotmail.com">rbekin@hotmail.com</A>><BR>To:
<<A
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>><BR>Sent:
Wednesday, March 20, 2002 6:02 PM<BR>Subject: Re: [CANSLIM]
SMD<BR><BR><BR>HI Tom, I thought it might have been an acquisition, but
then I dug into the<BR>financials and listened to the latest conference
call, and the bottom line<BR>is it was growth, pure and simple (I
personally don't like Karaoke, but I<BR>guess there's a whole lot of
wannabe Wayne Newtons and Spice Girls out<BR>there)<BR><BR>SMD thinks
they can continue to grow in the US (it would be great if they<BR>picked
up the WalMart account) and then will also expand in Europe<BR><BR>by
the way, I had some other issues with the Balance Sheet, like the
huge<BR>spike in A/R, but the CC cleared that too (they have already
collected on<BR>most or all of the receivables)<BR><BR>"sounds" good to
me<BR><BR>----- Original Message -----<BR>From: "Tom Worley" <<A
href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A>><BR>To:
<<A
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>><BR>Sent:
Wednesday, March 20, 2002 4:49 PM<BR>Subject: Re: [CANSLIM]
SMD<BR><BR><BR>> Ricardo,<BR>><BR>> I note that the Sep and Dec
quarters tripled sales, and earnings went<BR>> through the roof. I
would want to know that whatever happened to cause<BR>this<BR>>
(maybe an acquisition?) will continue in the future.<BR>><BR>> Tom
Worley<BR>> <A
href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>>
AIM: TexWorley<BR>> ----- Original Message -----<BR>> From:
"Ricardo Bekin" <<A
href="mailto:rbekin@hotmail.com">rbekin@hotmail.com</A>><BR>> To:
"CANSLIM" <<A
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>><BR>>
Sent: Wednesday, March 20, 2002 1:13 PM<BR>> Subject: [CANSLIM]
SMD<BR>><BR>><BR>> SMD is close to a new high today, on 1.5
times ADV, it just keeps humming<BR>> along
(sorry...)<BR>><BR>> I liked the fundamentals and bought it
earlier this month (before the<BR>split)<BR>><BR>>
Ricardo<BR>><BR>> -<BR>> -To subscribe/unsubscribe, email "<A
href="mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>
-In the email body, write "subscribe canslim" or<BR>> -"unsubscribe
canslim". Do not use quotes in your
email.<BR>><BR>><BR>><BR>><BR>> -<BR>> -To
subscribe/unsubscribe, email "<A
href="mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>
-In the email body, write "subscribe canslim" or<BR>> -"unsubscribe
canslim". Do not use quotes in your email.<BR>><BR><BR>-<BR>-To
subscribe/unsubscribe, email "<A
href="mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In
the email body, write "subscribe canslim" or<BR>-"unsubscribe
canslim". Do not use quotes in your
email.<BR><BR><BR><BR><BR>-<BR>-To subscribe/unsubscribe, email "<A
href="mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In
the email body, write "subscribe canslim" or<BR>-"unsubscribe
canslim". Do not use quotes in your
email.<BR></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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