Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] FRS- lower risk CANSLIM trade?
Date: Mon, 15 Apr 2002 21:36:16 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_0008_01C1E4C5.92CEC840 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Jon, I'd look at it a little differently. If you took a list of 100 to 200 = stocks with CANSLIM characteristics, not all of them are going to meet = each and every one of the required hurdles perfectly. What you're then = left with is 100 to 200 stocks that meet most of the CANSLIM = requirements and some will meet them with greater gusto than others. = That means you can effectively rank the 100 or 200 stocks by the = preponderance of evidence. I'd ask these questions--If you could only = pick 10 stocks, would you pick from the bottom of the pile or the top? = If you were to rank the 100 to 200 CANSLIM quality stocks in that pile, = would FRS be at the bottom or the top? Do you know enough about the = business that you can comfortably rank it against the others in the = list? Would it make the top 100? Are you willing to take a chance on it = if were to fall into the bottom 100 knowing that there are at least 100 = other stocks that have a higher *probability* of success? In the end, = the decision is yours, but it makes sense to consider FRS in context of = its industry and the market as a whole. Katherine ----- Original Message -----=20 From: J. Lobatto=20 To: canslim@lists.xmission.com=20 Sent: Monday, April 15, 2002 9:19 PM Subject: [CANSLIM] FRS- lower risk CANSLIM trade? FRS may not be a market leader, but with an EPS rating of 98 and a RS = rating of 86, it's hardly a dog either. As it did break out of a nice = downward sloping base today, I just though it worthy of at least a glance. ----- Original Message ----- From: "Simon Yang" <yang558899@yahoo.com> To: <canslim@lists.xmission.com> Sent: Monday, April 15, 2002 9:48 PM Subject: Re: [CANSLIM] FRS- lower risk CANSLIM trade? > I would not force myself to take positions in such > market environment, not need to mention such quality > stocks. > > simoninvestments.net > Simon > > --- "J. Lobatto" <jlobatto@nyc.rr.com> wrote: > > FRS- Frisch's Restaurants broke out today. It is not > > a AAA pick, as it is mid-rated in the otherwise hot > > restaurant group. However, it sports a much lower > > P/E ratio and may be a more conservative trade in > > uncertain times. It does have a decent RS and EPS > > ratings. The other drawback is a market cap of 100 > > million and typical daily volume of about 8,000 > > shares. Any comments? > > > > Jon > > > > > __________________________________________________ > Do You Yahoo!? > Yahoo! Tax Center - online filing with TurboTax > http://taxes.yahoo.com/ > > - > -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_0008_01C1E4C5.92CEC840 Content-Type: text/html; charset="iso-8859-1" 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=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Hi Jon,</DIV> <DIV> </DIV> <DIV>I'd look at it a little differently. If you took a list of 100 to = 200=20 stocks with CANSLIM characteristics, not all of them are going to meet = each and=20 every one of the required hurdles perfectly. What you're then left with = is 100=20 to 200 stocks that meet most of the CANSLIM requirements and some will = meet them=20 with greater gusto than others. That means you can effectively rank the = 100 or=20 200 stocks by the preponderance of evidence. I'd ask these questions--If = you=20 could only pick 10 stocks, would you pick from the bottom of the pile or = the=20 top? If you were to rank the 100 to 200 CANSLIM quality stocks in that = pile,=20 would FRS be at the bottom or the top? Do you know enough about the = business=20 that you can comfortably rank it against the others in the list? Would = it make=20 the top 100? Are you willing to take a chance on it if were to fall into = the=20 bottom 100 knowing that there are at least 100 other stocks that have a = higher=20 *probability* of success? In the end, the decision is yours, but it = makes sense=20 to consider FRS in context of its industry and the market as a = whole.</DIV> <DIV> </DIV> <DIV>Katherine</DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Djlobatto@nyc.rr.com href=3D"mailto:jlobatto@nyc.rr.com">J. = Lobatto</A>=20 </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, April 15, 2002 = 9:19=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] FRS- lower = risk=20 CANSLIM trade?</DIV> <DIV><BR></DIV>FRS may not be a market leader, but with an EPS rating = of 98=20 and a RS rating<BR>of 86, it's hardly a dog either. As it did break = out of a=20 nice downward<BR>sloping base today, I just though it worthy of at = least a=20 glance.<BR>----- Original Message -----<BR>From: "Simon Yang" <<A=20 = href=3D"mailto:yang558899@yahoo.com">yang558899@yahoo.com</A>><BR>To: = <<A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= ><BR>Sent:=20 Monday, April 15, 2002 9:48 PM<BR>Subject: Re: [CANSLIM] FRS- lower = risk=20 CANSLIM trade?<BR><BR><BR>> I would not force myself to take = positions in=20 such<BR>> market environment, not need to mention such = quality<BR>>=20 stocks.<BR>><BR>> simoninvestments.net<BR>> = Simon<BR>><BR>> ---=20 "J. Lobatto" <<A=20 href=3D"mailto:jlobatto@nyc.rr.com">jlobatto@nyc.rr.com</A>> = wrote:<BR>>=20 > FRS- Frisch's Restaurants broke out today. It is not<BR>> > = a AAA=20 pick, as it is mid-rated in the otherwise hot<BR>> > restaurant = group.=20 However, it sports a much lower<BR>> > P/E ratio and may be a = more=20 conservative trade in<BR>> > uncertain times. It does have a = decent RS=20 and EPS<BR>> > ratings. The other drawback is a market cap of=20 100<BR>> > million and typical daily volume of about = 8,000<BR>> >=20 shares. Any comments?<BR>> ><BR>> > Jon<BR>>=20 ><BR>><BR>><BR>>=20 __________________________________________________<BR>> Do You=20 Yahoo!?<BR>> Yahoo! Tax Center - online filing with = TurboTax<BR>> <A=20 = href=3D"http://taxes.yahoo.com/">http://taxes.yahoo.com/</A><BR>><BR>&= gt;=20 -<BR>> -To subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>= ; -In=20 the email body, write "subscribe canslim" or<BR>> -"unsubscribe=20 canslim". Do not use quotes in your email.<BR><BR><BR>-<BR>-To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0008_01C1E4C5.92CEC840-- - - - -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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