Re: [CANSLIM] MIK

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] MIK
Date: Fri, 31 May 2002 22:37:56 -0400

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Mike,

with the advantage of commentary post market close (a la IBD style), I note
it closed on nearly 3.5X ADV, up 12% for the day, only 20 cents off the high
of the day, and at another all time high. These are all very positive
indicators for me, even if it should correct moderately on Monday. Both
trailing and projected PE ratios are well under S&P 500 average, and its
growth rate far greater in comparison. I also note that earnings are growing
at a rate well above sales growth.

As already mentioned, funds hold a lot of shares, and management only owns
8%. I would watch volume carefully for any evidence of a short term
correction / consolidation, but see little evidence, barring unexpected bad
news, to expect it is topping out.

- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Friday, May 31, 2002 11:29 AM
Subject: [CANSLIM] MIK


Okay group,

I have a position in MIK, and today, it is flying, up 12% at this point,
which is giving me a 8% gain from my entry.  Do you think I should hang on
to this one, or sell it at the end of the day at take a profit?



Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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