Re: [CANSLIM] OSTE

From: "Donald Wallker" <dougald@dmv.com>
Subject: Re: [CANSLIM] OSTE
Date: Mon, 5 Aug 2002 14:12:30 -0400
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Charles   Thank you for taking the time to give me the benefit of your =
experience.  I'm very grateful.  best wishes   Donald
  ----- Original Message -----=20
  From: Chazmoore@aol.com=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, August 05, 2002 2:03 PM
  Subject: Re: [CANSLIM] OSTE


  Donald: In my opinion the uncertainties surrounding a falling market =
simply make it dangerous to buy any stock at this time. If the market =
were improving, instead of declining, I would avoid this stock until the =
price exceeded $15 or $20. Low priced stocks are usually below the =
searchlights of large investors, and without an elephant or two, the =
stock price could creep along for an extended period of time.=20
  From a fundamental point of view the company just turned profitable a =
couple of quarters ago. If you look at their EPS by quarter for the past =
six years, their experience has been spotty, at best. I want to see some =
Return on Equity before buying.=20
  On the positive side, other companies in this group are doing well, =
even though the Group Industry Relative Strength is 68, two points below =
my personal 70 minimum.=20
  Growth for 2003 is projected to be an 84% increase.=20
  Without tearing it apart my impression is that this could be a =
successful company sometime in the future. It certainly wouldn't hurt to =
put this one on a watch list and see what develops. On the other hand =
there are other more mature companies further along in their development =
that mean more to me than this one.=20

  Charley=20

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<DIV><FONT face=3DArial size=3D2>Charles&nbsp;&nbsp; Thank you for =
taking the time=20
to give me the benefit of your experience.&nbsp; I'm very =
grateful.&nbsp; best=20
wishes&nbsp;&nbsp; Donald</FONT></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=3DChazmoore@aol.com=20
  href=3D"mailto:Chazmoore@aol.com">Chazmoore@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> Monday, August 05, 2002 =
2:03=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
OSTE</DIV>
  <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>Donald: In =
my opinion=20
  the uncertainties surrounding a falling market simply make it =
dangerous to buy=20
  any stock at this time. If the market were improving, instead of =
declining, I=20
  would avoid this stock until the price exceeded $15 or $20. Low priced =
stocks=20
  are usually below the searchlights of large investors, and without an =
elephant=20
  or two, the stock price could creep along for an extended period of =
time.=20
  <BR>From a fundamental point of view the company just turned =
profitable a=20
  couple of quarters ago. If you look at their EPS by quarter for the =
past six=20
  years, their experience has been spotty, at best. I want to see some =
Return on=20
  Equity before buying. <BR>On the positive side, other companies in =
this group=20
  are doing well, even though the Group Industry Relative Strength is =
68, two=20
  points below my personal 70 minimum. <BR>Growth for 2003 is projected =
to be an=20
  84% increase. <BR>Without tearing it apart my impression is that this =
could be=20
  a successful company sometime in the future. It certainly wouldn't =
hurt to put=20
  this one on a watch list and see what develops. On the other hand =
there are=20
  other more mature companies further along in their development that =
mean more=20
  to me than this one. <BR><BR>Charley</FONT> =
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