Re: [CANSLIM] LNOP (was Tomorrow -off topic)


From: "zillagirl" <zillagirl@email.msn.com>
Subject: Re: [CANSLIM] LNOP (was Tomorrow -off topic)
Date: Wed, 31 Jul 2002 16:04:52 -0700

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Thank you Katherine-that's why I went off topic. He requested opinions =
earlier and it interested me so I gave one. Is this o.k., to go off =
topic or  is it necessary to word it in a canslim type format as you =
did?  Also could I request your opinion on something. I sent a post this =
morning about a W chart-I believe you sent the chart through.  The =
charts and volume thing is driving me nuts because I'm not seeing it.  I =
saw a run up and a shake out - a run up and a shake out.  Do you have =
any advice or thoughts as to why and what to do-or do you see the same =
thing at all? I don't understand the mass investor thing that makes a W =
or triple bottom happen like I do the cup with a handle. I was hoping to =
get a response but didn't, because I'm frustrated by it. But if no =
thoughts on how to help, appreciate your time.  Thanks Nancy
  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Wednesday, July 31, 2002 3:42 PM
  Subject: [CANSLIM] LNOP (was Tomorrow -off topic)


  Donald & Nancy,

  Here are the only facts you need to see this is a stinky stock...

  Cashflow NEGATIVE
  Earnings NEGATIVE (never had a positive year)
  Growth in Sales NEGATIVE
  RS 42 and DECLINING
  Price LESS THAN 50 and 200 day moving averages

  Research is one thing if you want to be "in the know" on a technology =
with "potential"....but the only way to make (and keep) real money over =
the long run is to stick to a discipline and this stock meets absolutely =
zero CANSLIM criteria. If this were a short term trading forum, then =
we'd be having an different discussion about an entirely different =
discipline.

  Katherine
    ----- Original Message -----=20
    From: zillagirl=20
    To: canslim@lists.xmission.com=20
    Sent: Wednesday, July 31, 2002 5:04 PM
    Subject: Re: [CANSLIM] Tomorrow -off topic


    Donald-I did a little checking on LNOP when I read your post. I am =
always interested in new products and in some cases will buy in and wait =
for the business to develop and the fundamentals to improve, to buy low. =
Apparently EZ Chip won the award for the most highly integrated 10 =
Gigabit network processor.  This company is a subsidiary of Lan =
Optics(semi conductor company). Lan optics holding in EZ Chip was just =
increased from 57% to 66 % by issuing Apax-a venture capitalist co. who =
held the shares- 1.2 million newly issued shares of Lan Optics, for =
their additional stake. The EZ Chip is suppose to save time and money of =
up to 80%.  I have three things that kept me from going further and =
checking acc.-roe-rs etc. 1).Possible dilution of Lan Optic share by 1.2 =
million.      2) They are not anticipating sales to affect revenues for =
apx. 1 year. 3)  Semis not shining lately .I appreciate your bringing it =
to my attention and I will follow it , but I think with the market like =
it is there may be a better buy in opportunity closer to when company =
starts to grow from the new product. But I could be just as wrong as =
right. I got my research from T.D. Waterhouse web site.  Good Luck with =
it.  nancy
      ----- Original Message -----=20
      From: Donald Wallker=20
      To: canslim@lists.xmission.com=20
      Sent: Wednesday, July 31, 2002 2:21 PM
      Subject: Re: [CANSLIM] Tomorrow=20


      I'm so glad to hear from someone in the thick of things that tells =
me that emotions, rather  than  hide-bound  calculations ,rule the day =
in the market.  In truth, I'd rather take a risk, based on the sentiment =
of the marketplace together with some reasonable input, than to always =
hang my hat on CANSLIM.   For example, early this morning  I came within =
a hair of buying into AYE, not because I thought it was a great =
investment but because, at the opening bell it was paying close to %10  =
in dividends and  I knew in my heart that that would not last.  Rather, =
I thought I could easily take a %10 to %15 profit  by buying early and =
selling late today, since, no doubt, the brokers would be pushing the =
stock.  As it turned out, the ere was more that %10  invloved  However,  =
I found a potentially more favorable,  but admittedly longer term =
investment, that is, LNOP. for less that its closing price. I'd rather =
run a risk for a %500 gain than c\to ontinuously rake in %10 plus gains. =
 It's all a matter of perspective ------ Donald=20
        ----- Original Message -----=20
        From: Fred Richards=20
        To: canslim@lists.xmission.com=20
        Sent: Wednesday, July 31, 2002 4:46 PM
        Subject: RE: [CANSLIM] Tomorrow=20


        Heck, it was just the wise guys pushing the market up at the =
end. Check the volume. Today was month end and they were trying to =
pretty up things. The turnaround looks very suspicious from my =
perspective particularly as almost all of the recent ones have occurred =
after 3 p.m. in NY including this one.

        For me, I'll look at what the overseas markets are doing and the =
pre-market NASDAQ indicator before getting too excited. Further more, =
they were substantially more new lows than new highs for both the NYSE =
and the NASDAQ.=20

        But emotions, not facts, rule markets even among the big =
players.
          -----Original Message-----
          From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Donald Wallker
          Sent: Wednesday, July 31, 2002 3:06 PM
          To: canslim@lists.xmission.com
          Subject: [CANSLIM] Tomorrow=20


          "Tomorrow, tomorrow, there's always tomorrow, it's only a day =
away."  And  I suspect that it will be a be a Bull day tomorrow given =
the turn-around in todays trading.  At this writing we are not yet =
closed, but we are far, far up from today's   earlier market weakness, =
which normally bodes well for tomorrow.  So-- to everyone in the Group i =
bid you a  Happy Tomorrow! - - Donald=20

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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Thank you Katherine-that's why I went =
off topic. He=20
requested opinions earlier and it interested me so I gave one. Is this =
o.k., to=20
go off topic or&nbsp; is it necessary to word it in a canslim type =
format as you=20
did?&nbsp; Also could I request your opinion on something. I sent a post =
this=20
morning about a W chart-I believe you sent the chart through.&nbsp; The =
charts=20
and volume thing is driving me nuts because I'm not seeing it.&nbsp; I =
saw a run=20
up and a shake out - a run up and a shake out.&nbsp; Do you have any =
advice or=20
thoughts as to why and what to do-or do you see the same thing at =
all?&nbsp;I=20
don't understand the&nbsp;mass investor thing that makes a W or triple =
bottom=20
happen like I do the cup with a handle. I was hoping to get a =
response&nbsp;but=20
didn't, because I'm frustrated by it. But if no thoughts on how to help, =

appreciate your time.&nbsp; Thanks Nancy</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=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=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
  Malm</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 =
3:42=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] LNOP (was =
Tomorrow=20
  -off topic)</DIV>
  <DIV><BR></DIV>
  <DIV>Donald &amp; Nancy,</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Here are the only facts you need to see this is a stinky =
stock...</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Cashflow NEGATIVE</DIV>
  <DIV>Earnings NEGATIVE (never had a positive year)</DIV>
  <DIV>Growth in Sales NEGATIVE</DIV>
  <DIV>RS 42 and DECLINING</DIV>
  <DIV>Price LESS THAN 50 and 200 day moving averages</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Research is one thing if you want to be "in the know" on a =
technology=20
  with "potential"....but the only way to make (and keep) real money =
over the=20
  long run is to stick to a discipline and this stock meets =
absolutely&nbsp;zero=20
  CANSLIM criteria. If this were a short term trading forum, then we'd =
be having=20
  an different discussion about an entirely different discipline.</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Katherine</DIV>
  <BLOCKQUOTE dir=3Dltr=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=3Dzillagirl@email.msn.com=20
    href=3D"mailto:zillagirl@email.msn.com">zillagirl</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>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, July 31, =
2002 5:04=20
    PM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Tomorrow -off=20
    topic</DIV>
    <DIV><BR></DIV>
    <DIV><FONT face=3DArial size=3D2>Donald-I did a little checking on =
LNOP when I=20
    read your post. I am always interested in new products and in some =
cases=20
    will buy in and wait for the business to develop and the =
fundamentals to=20
    improve, to buy low.&nbsp;Apparently EZ Chip won the award for the =
most=20
    highly integrated 10 Gigabit network processor.&nbsp; This company =
is a=20
    subsidiary of Lan Optics(semi conductor company). Lan optics holding =
in EZ=20
    Chip was just increased from 57% to 66 % by issuing Apax-a venture=20
    capitalist co. who held the shares- 1.2 million newly issued shares =
of Lan=20
    Optics, for their additional stake. The EZ Chip is suppose to save =
time and=20
    money of up to 80%.&nbsp; I have&nbsp;three things that kept me from =
going=20
    further and checking acc.-roe-rs etc. 1).Possible dilution of Lan =
Optic=20
    share by 1.2 million.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2) They are not=20
    anticipating sales to affect revenues for apx. 1 year. 3)&nbsp; =
Semis not=20
    shining lately .I appreciate your bringing it to my attention and I =
will=20
    follow it , but I think with the market like it is there may be a =
better buy=20
    in opportunity closer to when company starts to grow from the new=20
    product.&nbsp;But I could be just as wrong as right. I got my =
research from=20
    T.D. Waterhouse web site. &nbsp;Good Luck with it.&nbsp; =
nancy</FONT></DIV>
    <BLOCKQUOTE dir=3Dltr=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=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
      title=3Dcanslim@lists.xmission.com=20
      =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, July 31, =
2002 2:21=20
      PM</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Tomorrow=20
</DIV>
      <DIV><BR></DIV>
      <DIV><FONT face=3DArial size=3D2>I'm so glad to hear from someone =
in the thick=20
      of things that tells me that emotions, rather&nbsp;&nbsp;than=20
      &nbsp;hide-bound&nbsp; calculations ,rule the day in the =
market.&nbsp; In=20
      truth, I'd rather take a risk, based on the sentiment of the =
marketplace=20
      together with some reasonable input, than to always hang my hat on =

      CANSLIM.&nbsp;&nbsp; For example, early this morning &nbsp;I came =
within a=20
      hair of buying into AYE, not because I thought it was a great =
investment=20
      but because, at the opening bell it was paying&nbsp;close to =
%10&nbsp; in=20
      dividends and &nbsp;I knew in my heart that that would not =
last.&nbsp;=20
      Rather, I thought I could easily take a %10 to %15 profit&nbsp; by =
buying=20
      early and selling late today, since, no doubt, the brokers would =
be=20
      pushing the stock.&nbsp; As it turned out, the ere was more that =
%10&nbsp;=20
      invloved&nbsp; However,&nbsp; I found a potentially =
more&nbsp;favorable,=20
      &nbsp;but admittedly longer term investment, that is, LNOP. for =
less that=20
      its closing price. I'd rather run a risk for a %500 gain than c\to =

      ontinuously rake in %10 plus gains.&nbsp; It's all a matter of=20
      perspective&nbsp;------&nbsp;Donald </FONT></DIV>
      <BLOCKQUOTE dir=3Dltr=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=3Dadrich@gte.net href=3D"mailto:adrich@gte.net">Fred =
Richards</A>=20
        </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
        title=3Dcanslim@lists.xmission.com=20
        =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
        </DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, July 31, =
2002 4:46=20
        PM</DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
Tomorrow=20
        </DIV>
        <DIV><BR></DIV>
        <DIV><SPAN class=3D000053820-31072002><FONT face=3DArial =
color=3D#0000ff=20
        size=3D2>Heck, it was just the wise guys pushing the market up =
at the end.=20
        Check the volume. Today was month end and they were trying to =
pretty up=20
        things.&nbsp;The turnaround looks very suspicious from my =
perspective=20
        particularly as almost all of the recent ones have occurred =
after 3 p.m.=20
        in NY including this one.</FONT></SPAN></DIV>
        <DIV><SPAN class=3D000053820-31072002></SPAN>&nbsp;</DIV>
        <DIV><SPAN class=3D000053820-31072002><FONT face=3DArial =
color=3D#0000ff=20
        size=3D2>For me, I'll look at what the overseas markets are =
doing and the=20
        pre-market NASDAQ indicator before getting too excited. Further =
more,=20
        they were substantially more new lows than new highs for both =
the NYSE=20
        and the NASDAQ. </FONT></SPAN></DIV>
        <DIV><SPAN class=3D000053820-31072002><FONT face=3DArial =
color=3D#0000ff=20
        size=3D2></FONT></SPAN>&nbsp;</DIV>
        <DIV><SPAN class=3D000053820-31072002><FONT face=3DArial =
color=3D#0000ff=20
        size=3D2>But emotions, not facts, rule markets even among the =
big=20
        players.</FONT></SPAN></DIV>
        <BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
          <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
          size=3D2>-----Original Message-----<BR><B>From:</B>=20
          owner-canslim@lists.xmission.com=20
          [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of =
</B>Donald=20
          Wallker<BR><B>Sent:</B> Wednesday, July 31, 2002 3:06 =
PM<BR><B>To:</B>=20
          canslim@lists.xmission.com<BR><B>Subject:</B> [CANSLIM] =
Tomorrow=20
          <BR><BR></FONT></DIV>
          <DIV><FONT face=3DArial size=3D2>"Tomorrow, tomorrow, there's =
always=20
          tomorrow, it's only a day away."&nbsp; And &nbsp;I suspect =
that it=20
          will be a be a Bull day tomorrow given the turn-around in =
todays=20
          trading.&nbsp; At this writing we are not yet closed, but we =
are far,=20
          far up from&nbsp;today's &nbsp; earlier market weakness, which =

          normally bodes well for tomorrow.&nbsp; So-- to everyone in=20
          the&nbsp;Group i bid you a &nbsp;Happy Tomorrow! - -=20
          =
Donald&nbsp;</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQU=
OTE></BLOCKQUOTE></BODY></HTML>

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