RE: [CANSLIM] Boomer Babies

From: "Duke Miller" <dukemill@tampabay.rr.com>
Subject: RE: [CANSLIM] Boomer Babies
Date: Fri, 11 Oct 2002 14:09:25 -0400
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Thanks Lin.  I had considered the education ones.  Your argument changed
my thinking on that one.  Travel is good, too; my only hesitation is
seniors generally rely on travel agents' one-on-one input/experience.
I'm going to explore the Internet players demographics; might be a
winner since the boomers are cyber-savvy.

Duke

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Lin Wells
Sent: Friday, October 11, 2002 11:40 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Boomer Babies



I like your list and the concept.  I think "travel" stocks like ROOM,
etc. work here.  Also, I think the education stocks fit here, UOPX, etc.
I was trying to set an appointment with an 86 year old man the other day
and we had to schedule around his UNIX class.

Lin

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Duke Miller
Sent: Friday, October 11, 2002 10:17 AM
To: CANSLIM
Subject: [CANSLIM] Boomer Babies

Greetings one and all.  I've been absent from the list for good reason,
I think....

Earlier this year, I put forth a theory that it might be wise to keep an
eye on stocks most likely to be positively impacted as baby boomers
enter their retirement years.  I didn't get much response, apparently
not CANSLIM enough, but I forged ahead based on my personal experiences
as a "leading edge" boomer.  To wit, since becoming an economic being,
I've kept an eye on my rear-view mirror.  I observed (and profited from)
the boomer impact over the years...as the bubble passed from one phase
to another. A case in point: If it weren't for the boomers, I never
could have sold my home of 25 years, probably worth about $50,000, for
over $400,000! 

As I set out to build my list of "boomer babies," the challenge was to
keep it within the CANSLIM envelope. So I confined my search to
companies appearing in IBD's New America. Lacking 'M', AT LEAST we would
have "N"!  

So I just finished scouring nine months of New America articles and the
search yielded over 70 stocks, which I transferred them to a
spreadsheet.  It's basis is Katherine's "CANSLIM Hunting" spreadsheet
(tied for the single greatest contribution to this list of all time with
Mikes CANSLIM analyzer, thank you both). You can download the sheet at
http://WallStreet-LLC.com/canslim/BoomerBabies.zip

A few caveats: Some companies on the list may evoke, "Is he nuts?" Trust
me, each has a reason based on my rear-view-mirror observations. You'll
also find industries where some companies appear while others in the
same industry are excluded.  For instance, the only home builders
included are those with a major sunbelt focus. I've also excluded some
obvious candidates, most notable is Pfizer (the inventors of the pill
that has all the residents of Sun City putting signs on their doors that
read, "Don't come a knockin' when my condo is a rockin'"). I'm reserving
Pfizer and other non-New America stocks for a 'B' list of boomer babies.


In conclusion, WON has said of late that what this market needs is a
bunch of new IPO's to lead it into bull territory.  I agree, but for the
near term, he's gotta be dreamin'. So the boomer babies are an effort to
ferret out stocks that have the potential to profit from the inevitable
aging of the not-so-baby boomers. No chance they'll trigger an era of
"irrational exuberance," but maybe they can generate some half-way
decent returns. 

Finally, the list is just that: a list.  In no way am I implying all the
right fundamentals are there or that bases have formed or are
forming...YET!  But I think it's a good way to start tracking some
potential winners.  If this concept stirs you in any way, I invite you
to share those companies you think might fit the mold. 

Have a great weekend...

Duke



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