RE: [CANSLIM] CSTR

From: Marc Deiter <dites@yahoo.com>
Subject: RE: [CANSLIM] CSTR
Date: Tue, 27 Aug 2002 09:26:31 -0700 (PDT)
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Thanks Ed.  I'm laughing now.  I don't really believe that karma
thing.

I think what I'll do - for a fee - is make available to the people on
the list - and IBD - the stocks I am purchasing so you can short
them.  Of course this information will be protected by copyright and
IBD's fee will be substantially higher than the individual fee (after
all, it is accessible on-line).


- --- "Edward W. Gjertsen II" <ed@macktracks.com> wrote:
> I believe Marc should be banned from the site - oh no - I may have
> "touched" him by answering his email - oh nooooooooooo there goes
> my
> portfolio.  Luck is what you make it Marc - the market does not
> care who
> you are or where you bought your stock.
> 
> Ed Gjertsen II
> ed@macktracks.com
> 
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com] On Behalf Of Marc Deiter
> Sent: Tuesday, August 27, 2002 11:12 AM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] CSTR
> 
> Mike,
> 
> I'm in the same situation as you with CSTR and may be somewhat
> responsible for the drop.  I found IBD/CANSLIM and this list last
> August and have learned a tremendous amount over the last year
> while
> not trading at all.  CSTR was my first stock purchase in over a
> year
> - the last two (prior to finding this list and CANSLIM) were Nortel
> (twice on the way down) and Global Crossing.  I'm afraid I've
> brought
> my bad karma to the list :)  
> 
> Live and learn,
> Marc
> 
> --- michael_niemotka@baxter.com wrote:
> > 
> > Katherine,
> > 
> > Thanks for the analysis.  It does make me feel a little better
> > knowing that
> > no one else saw it coming.
> > 
> > And I hope you will drop the list an e-mail to let us know how
> the
> > waiter
> > at the pricey restaurant reacts when you pay for your dinner in
> > coins!
> > 
> > Mike
> > 
> > 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
> > 
> > 
> >                                                                  
>  
> >                                                         
> >                     "Katherine Malm"                             
>  
> >                                                         
> >                     <kmalm@earthlink.net>         To:    
> > canslim@lists.xmission.com                                       
> 
> >                     Sent by:                      cc:            
>  
> >                                                         
> >                     owner-canslim@lists.xm        Subject:    
> Re:
> > [CANSLIM] CSTR                                           
> >                     ission.com                                   
>  
> >                                                         
> >                                                                  
>  
> >                                                         
> >                                                                  
>  
> >                                                         
> >                     08/27/2002 10:50 AM                          
>  
> >                                                         
> >                     Please respond to                            
>  
> >                                                         
> >                     canslim                                      
>  
> >                                                         
> >                                                                  
>  
> >                                                         
> >                                                                  
>  
> >                                                         
> > 
> > 
> > 
> > 
> > Hi Mike,
> > 
> > Technically, this chart is about as good as it gets in a market
> > like
> > this--A
> > handle 8/1 to 8/14, breakout 8/15 on volume, an orderly pullback
> to
> > the
> > pivot since then. I'd be hard pressed to fault the technicals
> > unless you
> > want to argue the somewhat light volume on the right side of the
> > cup, which
> > I won't, because it's insignificant in my mind.
> > 
> > There are a couple of things that kept me away from CSTR---high
> > debt load
> > (though they've been restructuring debt recently, so they stay in
> > my sights
> > in the meantime) and low ROE of 5% (primarily because they only
> > turned EPS
> > positive in the last 4 quarters). Given the market is on shaky
> > ground, I'd
> > rather sit back and watch the behavior of the stock than to dive
> > in....preferring to stalk the trade on other stocks which are
> > fundamentally
> > stronger, but not yet finished with their bases. I also like to
> sit
> > back
> > and
> > watch most of the early stocks out of the gate after a
> > follow-through and
> > see how they're acting, CSTR included.
> > 
> > I've often scratched my head at the business model.....seemed
> crazy
> > that
> > you
> > would *pay* to count your change and be happy to receive some
> crisp
> > dollar
> > bills and a few store coupons for the "privilege." But I
> understand
> > they're
> > appealing to a part of the population that is primarily
> cash-based
> > and not
> > to those of us who've forgotten what it looks like and instead
> use
> > our ATM
> > card for everything. Recently, however, I've had a greater
> > appreciation for
> > their "service" as my bank has stopped waiving their coin
> counting
> > fees
> > after doing so for, well, forever.... We've always kept a "change
> > can" and
> > dumped our change each day. When it's full, it's about
> $200....I'd
> > make my
> > ritual trek to the bank to have them count it out, then that
> > evening we
> > would go out for a pricey dinner, something we rarely do. Now
> that
> > they're
> > charging, however, the CSTR kiosks become an alternative.
> > Personally, I'm
> > too cheap to pay *anybody* to count my money for me, so I won't
> be
> > using
> > the
> > bank *or* CSTR...but I'll bet you there are many folks who would
> > consider
> > it. The blurb I saw on the OffWallStreet report mentioned
> something
> > about
> > "saturation." Though I haven't seen the report and know nothing
> > more than
> > this, I have only one thought when I hear something like that in
> > the same
> > breath as CSTR----Starbucks.
> > 
> > Katherine
> > 
> > 
> > ----- Original Message -----
> > From: <michael_niemotka@baxter.com>
> > To: <canslim@lists.xmission.com>
> > Sent: Tuesday, August 27, 2002 10:22 AM
> > Subject: RE: [CANSLIM] CSTR
> > 
> > 
> > |
> > | I appreciate all the advice that I have gotten.  It is when
> stuff
> > like
> > this
> > | happens that makes me question a trading "method".  I'm sure if
> > CSTR
> > stays
> 
=== message truncated ===


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