Re: [CANSLIM] New Management - Doesn't it always follow a Top Exec's departure

From: Spencer48@aol.com
Subject: Re: [CANSLIM] New Management - Doesn't it always follow a Top Exec's departure
Date: Wed, 14 Aug 2002 10:11:03 -0400

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Kelly:

     My take:  DGO has a block in the data screen devoted to "New CEO".  So I take this to mean that when a new CEO is hired (after the old one was let go) this is a good thing.  It seems to me that it is good because a new CEO will only be hired if the old CEO is doing poorly.  

     So the question becomes:  Will the new CEO do better.  Follow the chart formation to see how the institutions and Big Money view it.  If a base forms during the new CEO's tenure and a BO appears on high volume, you've got your answer.

                                       jans

                                  
     



In a message dated Tue, 13 Aug 2002 3:23:54 PM Eastern Standard Time, kelly.short@tx.us.neoris.com writes:

> A question for the group- WON says to look for companies that have new management. However, many group members see the departure of a top exec as a red flag (i.e. CFO). But, wouldn't the addition of a new management member almost always follow the departure of a management member? Where do you draw the 
> line?



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