Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] What's with KLIC???
Date: Fri, 22 Nov 2002 19:43:31 -0500
Previous Article (by Subject): [CANSLIM] What's with KLIC??? Bob Raible
Top of Thread: [CANSLIM] What's with KLIC??? Bob Raible
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_006C_01C2925F.6FFBDA40
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Bob, when a stock loses over 90% of its value in less than a year, a =
dead cat bounce is common. And when you have gone from over $21 to under =
$2, any "rally" can show impressive returns for the short term period. =
On the other hand, after this 50% gain you mention, it can still triple, =
yet leave investors that bought earlier this year with a 15% loss.
It has a non-standard fiscal year, ended September. And its Q4 was a =
disaster with over a $3 per share loss recorded. I would assume, since I =
will not bother with any research, that they wrote off a lot of stuff in =
that quarter. Still, forecasts are for losing another dollar during the =
current year, so doesn't meet any CANSLIM I know of, including its =
current Group RS of D minus.
- ----- Original Message -----=20
From: Bob Raible=20
To: canslim@lists.xmission.com=20
Sent: Friday, November 22, 2002 7:35 PM
Subject: [CANSLIM] What's with KLIC???
Up over 50% on high volume in two days, not long after a couple of =
downgrades. What gives?=20
Tom Worley <stkguru@bellsouth.net> wrote:=20
Hi Ian,
With the Republicans in control, defense contractors will benefit for =
the next two years anyway. It will cover all materials, from boots to =
guns to software, but the greatest increase in spending will be among =
technology. I expect this to include both hardware such as smart bombs, =
cruise missiles and other stand off type weaponry, as well as =
anti-terrorist software such as network and PC level security. The =
reorganization of 26 different agencies into the new Homeland Defense =
agency will likely disrupt normal spending patterns. But then, once =
again Congress has failed to pass the required budgets for most =
agencies, and don't plan to do so until after the new Congress =
reconvenes in January. So most agencies are still operating on last =
year's budget, so little new spending will develop for some time.
----- Original Message -----=20
From: Ian=20
To: canslim@lists.xmission.com=20
Sent: Friday, November 22, 2002 2:36 AM
Subject: Re: [CANSLIM] M
Hi Tom:
I guess I was thinking of physical, defense-related security. If you =
are referring to tech security such as securing networks, PC's etc..., =
I'm sure they must have all done well today, as today was reminiscent of =
late 1999 for tech stocks.
I was thinking of small companies that are going to benefit from the =
coming government spending spree. I suspect I am a little early to this =
game, and need to give it more time to play out.
Ian
----- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Thursday, November 21, 2002 8:52 PM
Subject: Re: [CANSLIM] M
Ian, my security stocks did quite nicely today, as did my IT stocks =
in my VR Fund.
----- Original Message -----=20
From: Ian=20
To: canslim@lists.xmission.com=20
Sent: Thursday, November 21, 2002 4:23 PM
Subject: [CANSLIM] M
Is anyone else finding any "NEW" winners emerging from this buying =
frenzy?
It seems to me that several recent rally leaders are rolling over =
ugly today - HITK, LCI, ACET - while the indices power ahead, propelled =
by the most heavily shorted isues.
It is also baffling to me that the sectors that stand to benefit the =
most from coming increases in government spending - the defense and =
security sector - are watching this action from the sideline as well.
So am I mising the new leaders of the bull, or is this just =
shot-term traders using liquidity to squeeze heavily shorted positions? =
Opinions? Whither 'M'?
Ian
Bob Raible
Sunny San Jose,CA
- -------------------------------------------------------------------------=
- -------
Do you Yahoo!?
Yahoo! Mail Plus - Powerful. Affordable. Sign up now
- ------=_NextPart_000_006C_01C2925F.6FFBDA40
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2800.1126" name=3DGENERATOR></HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial>Bob, when a stock loses over 90% of its value in =
less than=20
a year, a dead cat bounce is common. And when you have gone from over =
$21 to=20
under $2, any "rally" can show impressive returns for the short term =
period. On=20
the other hand, after this 50% gain you mention, it can still triple, =
yet leave=20
investors that bought earlier this year with a 15% loss.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>It has a non-standard fiscal year, ended =
September. And=20
its Q4 was a disaster with over a $3 per share loss recorded. I would =
assume,=20
since I will not bother with any research, that they wrote off a lot of =
stuff in=20
that quarter. Still, forecasts are for losing another dollar during the =
current=20
year, so doesn't meet any CANSLIM I know of, including its current Group =
RS of D=20
minus.</FONT></DIV>
<DIV> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dpscalare@yahoo.com href=3D"mailto:pscalare@yahoo.com">Bob =
Raible</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Friday, November 22, 2002 7:35 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] What's with KLIC???</DIV></DIV>
<DIV><BR></DIV>
<P>Up over 50% on high volume in two days, not long after a couple =
of=20
downgrades. What gives?=20
<P> <B><I>Tom Worley <<A=20
href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A>></I></=
B> wrote:=20
<BLOCKQUOTE=20
style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px =
solid">
<META content=3D"MSHTML 6.00.2800.1126" name=3DGENERATOR>
<STYLE></STYLE>
<DIV><FONT face=3DArial>Hi Ian,</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>With the Republicans in control, defense =
contractors=20
will benefit for the next two years anyway. It will cover all =
materials, from=20
boots to guns to software, but the greatest increase in spending will =
be among=20
technology. I expect this to include both hardware such as smart =
bombs, cruise=20
missiles and other stand off type weaponry, as well as anti-terrorist =
software=20
such as network and PC level security. The reorganization of 26 =
different=20
agencies into the new Homeland Defense agency will likely disrupt =
normal=20
spending patterns. But then, once again Congress has failed to pass =
the=20
required budgets for most agencies, and don't plan to do so until =
after the=20
new Congress reconvenes in January. So most agencies are still =
operating on=20
last year's budget, so little new spending will develop for some=20
time.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Friday, November 22, 2002 2:36 AM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] M</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>Hi Tom:</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>I guess I was thinking of physical, =
defense-related=20
security. If you are referring to tech security such as securing =
networks,=20
PC's etc..., I'm sure they must have all done well today, as today was =
reminiscent of late 1999 for tech stocks.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>I was thinking of small companies that are going =
to benefit=20
from the coming government spending spree. I suspect I am a little =
early to=20
this game, and need to give it more time to play out.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>Ian</FONT></DIV>
<DIV> </DIV>
<DIV> </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=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
Worley</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>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, November 21, =
2002 8:52=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
M</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial>Ian, my security stocks did quite nicely =
today, as did=20
my IT stocks in my VR Fund.</FONT></DIV>
<DIV> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> =
<A=20
title=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV><B>Sent:</B> Thursday, November 21, 2002 4:23 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] M</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>Is anyone else finding any "NEW" winners =
emerging from=20
this buying frenzy?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>It seems to me that several recent rally =
leaders are=20
rolling over ugly today - HITK, LCI, ACET - while the indices power =
ahead,=20
propelled by the most heavily shorted isues.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>It is also baffling to me that the sectors that =
stand to=20
benefit the most from coming increases in government spending - =
the=20
defense and security sector - are watching this action from the =
sideline as=20
well.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>So am I mising the new leaders of the bull, or =
is this=20
just shot-term traders using liquidity to squeeze heavily shorted =
positions?=20
Opinions? Whither 'M'?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT =
size=3D2>Ian</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE><BR><BR>Bob=20
Raible<BR>Sunny San Jose,CA
<P><BR>
<HR SIZE=3D1>
Do you Yahoo!?<BR><A=20
href=3D"http://rd.yahoo.com/mail/mailsig/*http://mailplus.yahoo.com">Yaho=
o! Mail=20
Plus</A> - Powerful. Affordable. <A=20
href=3D"http://rd.yahoo.com/mail/mailsig/*http://mailplus.yahoo.com">Sign=
up=20
now</A></BODY></HTML>
- ------=_NextPart_000_006C_01C2925F.6FFBDA40--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Subject): [CANSLIM] What's with KLIC??? Bob Raible
Top of Thread: [CANSLIM] What's with KLIC??? Bob Raible
Articles sorted by: [Date]
[Author]
[Subject]