Go to Jeff Salisbury LWGate Home Page.From: "Mona Guarino" <webmaster@design21.com>
Subject: RE: [CANSLIM] Chico's CHS
Date: Sun, 14 Apr 2002 18:59:11 -0700
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This is a multi-part message in MIME format. - ------=_NextPart_000_0025_01C1E3E6.7655C400 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit John, couple cautions: 1. C: WON makes a point of saying to look for not only good a quarter-on-quater EPS improvement, but to look for accelerating earning. I don't see that here. 2. chart: base, not just handle, seems short. I remember (re)reading recently to beware of short bases as they are more failure-prone, esp. in bear markets. I think WON says 1 or 2 weeks. I agree with your point that changes in availability of data may justify a shorter period, I think at least a week or more would be required in order for an extreme volume dry-up at low end Overall, I agree it looks like a CANSLIM stock, just not sure it's the right time, and, I confess, I see the market as overall scary rather than bullish, even in that sector. I'm interested to hear others' comments on this one. - -- Mona -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of John Lessnau Sent: Sunday, April 14, 2002 2:57 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Chico's CHS I am considering CHS - Chico's Fashion, Inc. Here is why... The chart looks to be in the final stages of a cup. I little longer handle is needed (I believe WON recommends a 4 - 8 week handle) but is that really possible in today's information age? Back when "How to Make Money in Stocks" was written the Web barely existed and only the most dedicated CANSLIMers and Stock pros could find these stocks. Today, any schmoe can find these stocks much more easily then before which may make entry point a little quicker then in the past. The CHS Stats: a.. C: Five quarters of solid earnings with one year Q to Q increase of 67% a.. A: HOV 5 year annually earnings per share show outstanding growth. .077 to 1.007 increase in EPS over past 5 years. a.. N: "Buy stocks as they are making new highs" CHS is only 5% below 52 week high. a.. S: Only 40,182,680 shares outstanding. a.. L: Technical Rating of 96 puts it 14 out of 65 stocks in its sector. a.. I: 35% institutional ownership. a.. M: In a bullish sector that's ahead of the bear market. If this is not a CANSLIM stock, I give up..... Should I wait for the handle to play out a little the catch a volume spike and a price jump before I buy? - ------=_NextPart_000_0025_01C1E3E6.7655C400 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Dwindows-1252"> <META content=3D"MSHTML 5.50.4134.100" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2>John,=20 couple cautions:</FONT></SPAN></DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2>1. C:=20 WON makes a point of saying to look for not only good a = quarter-on-quater EPS=20 improvement, but to look for <SPAN=20 style=3D"FONT-SIZE: 12pt; FONT-FAMILY: Arial; mso-fareast-font-family: = 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: = EN-US; mso-bidi-language: AR-SA"><FONT=20 color=3D#000000>accelerating </FONT></SPAN>earning. I don't see that=20 here.</FONT></SPAN></DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2>2.=20 chart: base, not just handle, seems short. I remember (re)reading = recently to=20 beware of short bases as they are more failure-prone, esp. in bear = markets. I=20 think WON says 1 or 2 weeks. I agree with your point that changes in=20 availability of data may justify a shorter period, I think at least a = week or=20 more would be required in order for an</FONT></SPAN><SPAN=20 class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff size=3D2> = extreme volume=20 dry-up at low end</FONT></SPAN></DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2>Overall, I agree it looks like a CANSLIM stock, just not sure = it's the=20 right time, and, I confess, I see the market as overall scary rather = than=20 bullish, even in that sector.</FONT></SPAN></DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2>I'm=20 interested to hear others' comments on this one.</FONT></SPAN></DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN><SPAN class=3D490384401-15042002><FONT = face=3DArial=20 color=3D#0000ff size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2>--=20 Mona</FONT></SPAN></DIV> <DIV><SPAN class=3D490384401-15042002><FONT face=3DArial color=3D#0000ff = size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D490384401-15042002> </SPAN><FONT face=3DTahoma=20 size=3D2>-----Original Message-----<BR><B>From:</B>=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]<B>On=20 Behalf Of </B>John Lessnau<BR><B>Sent:</B> Sunday, April 14, 2002 2:57=20 PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> [CANSLIM] = Chico's=20 CHS<BR><BR></FONT></DIV> <BLOCKQUOTE dir=3Dltr=20 style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px = solid; MARGIN-RIGHT: 0px"> <DIV><FONT size=3D2>I am considering CHS - Chico's Fashion, Inc. = Here is=20 why...</FONT></DIV> <DIV><FONT size=3D2></FONT> </DIV> <DIV><FONT size=3D2></FONT> </DIV> <DIV><FONT size=3D2>The chart looks to be in the final stages of a = cup. I=20 little longer handle is needed (I believe WON recommends a 4 - 8 week = handle)=20 but is that really possible in today's information age? Back = when "How=20 to Make Money in Stocks" was written the Web barely existed and only = the most=20 dedicated CANSLIMers and Stock pros could find these = stocks. Today,=20 any schmoe can find these stocks much more easily then before which = may make=20 entry point a little quicker then in the past.</FONT></DIV> <DIV><FONT size=3D2></FONT> </DIV> <DIV><FONT size=3D2>The CHS Stats:</FONT></DIV> <DIV><FONT size=3D2></FONT><FONT size=3D2></FONT> </DIV> <DIV> <LI><FONT size=3D2>C: Five quarters of solid earnings with one year Q = to Q=20 increase of 67%</FONT>=20 <LI><FONT size=3D2>A: HOV 5 year annually earnings per share = show=20 outstanding growth. .077 to 1.007 increase in EPS over past 5=20 years.</FONT>=20 <LI><FONT size=3D2>N: "Buy stocks as they are making new highs" = CHS is=20 only 5% below 52 week high.</FONT>=20 <LI><FONT size=3D2>S: Only 40,182,680 shares outstanding.</FONT>=20 <LI><FONT size=3D2>L: Technical Rating of 96 puts it 14 out of = 65 stocks=20 in its sector.</FONT>=20 <LI><FONT size=3D2>I: 35% institutional ownership.</FONT>=20 <LI><FONT size=3D2>M: In a bullish sector that's ahead of the = bear=20 market.</FONT></LI></DIV> <DIV><FONT size=3D2></FONT> </DIV> <DIV><FONT size=3D2>If this is not a CANSLIM stock, I give = up..... Should=20 I wait for the handle to play out a little the catch a volume = spike and a=20 price jump before I buy?</FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0025_01C1E3E6.7655C400-- - - - -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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