Re: [CANSLIM] Any thoughts on STGS?

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Any thoughts on STGS?
Date: Fri, 17 May 2002 06:41:04 -0400

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Top of Thread: [CANSLIM] Any thoughts on STGS? Dimitri Katsaros
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Hi Dimitri,

Good presentation, logical and easily reviewed. I took a look at DGO and
quickly noted two things. The earnings forecast for current year (ending
next Jan) is for only 8% earnings growth. Also, first three qtrs last year
showed earnings of 52 and 53 cents on lower sales than Q4 (which would have
included Christmas) which only showed 8 cents. I suspect the first 3 qtrs
were "pro forma", thus hard to tell just what the real comparisons will be.

I think you have to treat this as an IPO in January, past history as a
private company is always questionable in my mind when it comes to the
financial reporting on a "pro forma" basis. That's why I don't even look at
IPOs in their first year.

The second thing I note is the chart. Nice and tight, I see it right now as
forming a base on base, with the lower base being the handle of a cup.
However, the handle formed too high, making it more suspect.

- ----- Original Message -----
From: "Dimitri Katsaros" <dcka@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Friday, May 17, 2002 4:50 AM
Subject: [CANSLIM] Any thoughts on STGS?


Stage Stores was on today's (May 16) daily charts. Do
I see a second base forming?

Here are the stats on rankings:

EPS                     81
RS                      99
Grp RS                  A+
SMR                     NA
Acc/Dis                 A-
Daily Graphs Timeliness A

It just made a new 52 week high.

It is fourth in the Retail-Apparel/Shoe Group (7th out
of the 197 industry groups ranked) which places it
ahead of Chicos Fas Inc. and just behind Jos A Bank
Clothiers.

Retail was the second group of those making new highs.

Retail-Apparel/Shoe Group was also 7th in groups with
highest % of stocks making new highs.

Now you know it can't be all good news, so here's the
bad:

3 Year Sales Rate -11%

How is such a seemingly "good" stock with high
rankings have such a lousy sales rate? Does this one
factor discount everything else or is the rate based
on its past company formation (it was bankrupt for a
bit and then went public again under a new symbol this
past January).

Any constructive comments are definitely welcome and
encouraged.

Thanks in advance
Dimitri Katsaros

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