Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] DCOM - B/O rules
Date: Wed, 31 Jul 2002 14:03:53 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_012E_01C2389B.1A9A4780 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Kris, Good point. My comments earlier today were strictly to clarify the = technicals, but a stock like DCOM has several marks against it in my = book: (1) This is a 3rd stage base and the stock has been running up steadily = since early 2000. More often than not, late stage bases combined with 2 = years of favoritism are suspect moves. Doesn't mean it's over, just = suspect. (2) Persistent insider selling. While that's not an omen in and of = itself, it's worth a look to see if that is the habit of the insiders = over the previous 2 years. I'm more inclined to write of insider selling = in general, because people have kids, tuition, other investments, etc. I = *do* pay attention when they're suddenly buying persistently.....as they = have no reason to *have* to do that to live their lives. (3) Single digit revenue growth QoQ (4) Relatively low ROE (14%), though for a bank that's not too shabby. The price dropped just to the pivot today on relatively high volume, but = not enough for a distribution day. That doesn't worry me in and of = itself, as it's not uncommon for stocks to retrace to the pivot....but = given the other cautionary issues....a stock like this doesn't pass my = personal tests. All in all, there are better regional bank candidates on = my list than this one. Katherine ----- Original Message -----=20 From: KLall1112@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 31, 2002 12:38 PM Subject: Re: [CANSLIM] DCOM - B/O rules Katherine: Insiders keep on selling DCOM. Kris - -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_012E_01C2389B.1A9A4780 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 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Hi Kris,</DIV> <DIV> </DIV> <DIV>Good point. My comments earlier today were strictly to clarify the=20 technicals, but a stock like DCOM has several marks against it in my = book:</DIV> <DIV> </DIV> <DIV>(1) This is a 3rd stage base and the stock has been running up = steadily=20 since early 2000. More often than not, late stage bases combined with 2 = years of=20 favoritism are suspect moves. Doesn't mean it's over, just = suspect.</DIV> <DIV> </DIV> <DIV>(2) Persistent insider selling. While that's not an omen in and of = itself,=20 it's worth a look to see if that is the habit of the insiders over the = previous=20 2 years. I'm more inclined to write of insider selling in general, = because=20 people have kids, tuition, other investments, etc. I *do* pay attention = when=20 they're suddenly buying persistently.....as they have no reason to = *have* to do=20 that to live their lives.</DIV> <DIV> </DIV> <DIV>(3) Single digit revenue growth QoQ</DIV> <DIV> </DIV> <DIV>(4) Relatively low ROE (14%), though for a bank that's not too=20 shabby.</DIV> <DIV> </DIV> <DIV>The price dropped just to the pivot today on relatively high = volume, but=20 not enough for a distribution day. That doesn't worry me in and of = itself, as=20 it's not uncommon for stocks to retrace to the pivot....but given the = other=20 cautionary issues....a stock like this doesn't pass my personal tests. = All in=20 all, there are better regional bank candidates on my list than this = one.</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=3DKLall1112@aol.com=20 href=3D"mailto:KLall1112@aol.com">KLall1112@aol.com</A> </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> Wednesday, July 31, 2002 = 12:38=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] DCOM - = B/O=20 rules</DIV> <DIV><BR></DIV>Katherine:<BR><BR><BR>Insiders keep on selling=20 DCOM.<BR><BR><BR>Kris<BR><BR>-<BR>-To subscribe/unsubscribe, email "<A = = 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_012E_01C2389B.1A9A4780-- - - - -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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