Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] CAKE
Date: Wed, 29 May 2002 22:51:02 -0400
Next Article (by Subject): [CANSLIM] improving corporate profits "Tom Worley"
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This is a multi-part message in MIME format. - ------=_NextPart_000_0166_01C20763.4EDD7C10 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi Alicia, Chart wise (on a daily chart) we may be seeing a head and shoulders = pattern in progress. If so, then definitely not the time to be buying = CAKE I note a trailing PE of 46, and a projected PE of 38, both well above = the S&P500, and makes it more vulnerable in a market correction (which = we certainly have right now, at a minimum). I also note that management only owns 9%, while funds own 31%. That's = too low on the first, and well too high on the second, for my tastes, = especially in a poor "M". - ----- Original Message -----=20 From: Alicia Lensing=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 29, 2002 9:04 PM Subject: [CANSLIM] CAKE I am wondering about CAKE now. It was a nice buy a few months back, but = as I look at the weekly chart, I am thinking that it may be in a topping = pattern. Any thoughts? The restaurant industry still seems to be = strong, and CAKE still is growing... =20 Thank you, Alicia - ------=_NextPart_000_0166_01C20763.4EDD7C10 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 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Hi Alicia,</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>Chart wise (on a daily chart) we may be seeing a = head and=20 shoulders pattern in progress. If so, then definitely not the time to be = buying=20 CAKE</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>I note a trailing PE of 46, and a projected PE = of 38, both=20 well above the S&P500, and makes it more vulnerable in a market = correction=20 (which we certainly have right now, at a minimum).</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>I also note that management only owns 9%, while = funds own=20 31%. That's too low on the first, and well too high on the second, for = my=20 tastes, especially in a poor "M".</FONT></DIV> <DIV> </DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Dalensing@prodigy.net href=3D"mailto:alensing@prodigy.net">Alicia = Lensing</A>=20 </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV><B>Sent:</B> Wednesday, May 29, 2002 9:04 PM</DIV> <DIV><B>Subject:</B> [CANSLIM] CAKE</DIV></DIV> <DIV><BR></DIV> <DIV><STRONG><FONT face=3D"Courier New" color=3D#0000ff size=3D2>I am = wondering about=20 CAKE now. It was a nice buy a few months back, but as I look at the = weekly=20 chart, I am thinking that it may be in a topping pattern. Any = thoughts?=20 The restaurant industry still seems to be strong, and CAKE still is=20 growing... </FONT></STRONG></DIV> <DIV><STRONG><FONT face=3D"Courier New" color=3D#0000ff=20 size=3D2></FONT></STRONG> </DIV> <DIV><STRONG><FONT face=3D"Courier New" color=3D#0000ff size=3D2>Thank=20 you,</FONT></STRONG></DIV> <DIV><STRONG><FONT face=3D"Courier New" color=3D#0000ff=20 size=3D2></FONT></STRONG> </DIV> <DIV><STRONG><FONT face=3D"Courier New" color=3D#0000ff=20 size=3D2>Alicia</FONT></STRONG></DIV></BODY></HTML> - ------=_NextPart_000_0166_01C20763.4EDD7C10-- - - - -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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