Re: [CANSLIM] Ernie's Forecasts

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Ernie's Forecasts
Date: Fri, 30 Aug 2002 21:26:26 -0400
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Norman,

I made no reference to Yahoo as a service you might use, I myself keep a
portfolio there for monitoring news stories.

My comment was purely on the idiocy that a stock, any stock, should spike in
price so much, and on heavy volume, because a wirehouse upgrades it from
sell (which implies that they previously were expecting it to go lower from
when they rated it to a sell) to a neutral (which implies you should hold
what you have left as it will perform only in line with the overall
markets). And to base this on "value" is even more ludicrous, since the
market sets value, not some analyst.

Now, if they had gone from a "sell" to an "accumulate" based on value, or
projected future growth, or even on a change in the business model as you
suggest, then it might make some sense for the bottom fishers at least.

- ----- Original Message -----
From: "Norman" <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Friday, August 30, 2002 1:14 PM
Subject: Re: [CANSLIM] Ernie's Forecasts


Tom (or anyone),

You mentioned something about yahoo and losing less at "neutral" vs "sell".
The last 3 posts in response to David's request are an indication of why
yahoo is still around and a valid .com company.  Not counting how many
off-group responses he got (including mine).

Yahoo gets a LOT of traffic (I use 3 of their groups myself).   Sure, mostly
it's free but what if they started charging a nominal fee (the N in
canslim)?  How many of us would pay, say $10-20 for full access?  How many
folks are paying more for AOL?

Example: drop AOL, subscribe to one of the $9 isp's, subscribe to yahoo full
access; cost is $30 bucks - the $22 AOL savings, and you have everything you
already had + "yahoo plus" and a good stock investment, for $8 more than you
paid for just AOL (most, if not all of AOLs services can be had for free
elsewhere).  AOL made it's big run with less than 20 million subscribers (or
there bouts).  How many folks would pay for full access to yahoo with some
extras thrown in as is usually the case when payment is solicited?  Just
thinking out loud...

[I have to get all my yearly posts in today because I have to go back to the
salt mines next week<grin>]

Norm

- ----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Friday, August 30, 2002 10:43 AM
Subject: Re: [CANSLIM] Ernie's Forecasts


> Hi David,
>
> http://groups.yahoo.com/group/hgsinvestor/ and
> http://www.highgrowthstock.com/
>
> Katherine
>
> ----- Original Message -----
> From: "DAVID KELLER, BLOOMBERG/ 499 PARK" <DKELLER2@bloomberg.net>
> To: <canslim@LISTS.XMISSION.COM>
> Sent: Friday, August 30, 2002 10:34 AM
> Subject: Re: [CANSLIM] Ernie's Forecasts
>
>
> | Sorry!!
> |
> | Can someone tell me how to access the HGSI forum?  I'd definitely be
> interested
> | in partcipating.  Thanks- Dave
> |
> |
> | ----- Original Message -----
> | From: Norman  <canslim@lists.xmission.com>
> | At:  8/30  9:32
> |
> | > All,
> | >
> | > We DON'T really want to get into a rigorous examination of these
> phenomena,
> | > on a case by case basis, and whither or not there is any cause &
effect
> | > relationship that can be assigned to them.  Not here!
> | >
> | > I think this is the reason there was at one time a TA group formed
from
> this
> | > group.  Maybe the folks in the HGSI forum would accommodate this
> discussion
> | > as they seem to delve into TA a bit more than this group.
> | >
> | > Norm
>
>
>
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