Go to Jeff Salisbury LWGate Home Page.From: Arthur Kay <kayautho@comcast.net>
Subject: Re: [CANSLIM] What's with KLIC???
Date: Sat, 23 Nov 2002 19:50:51 -0500
Next Article (by Author): Re: [CANSLIM] Shorting Gene Ricci
Previous Article (by Author): Re: [CANSLIM] What's with KLIC??? Arthur Kay
Top of Thread: Re: [CANSLIM] What's with KLIC??? Arthur Kay
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- --Boundary_(ID_LQAdXxgq0l9jLwja2igtkg)
Content-type: text/plain; charset=iso-8859-1
Content-transfer-encoding: 7BIT
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Friday, November 22, 2002 7:43 PM
Subject: Re: [CANSLIM] What's with KLIC???
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 -----
From: Bob Raible
To: canslim@lists.xmission.com
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?
Tom Worley <stkguru@bellsouth.net> wrote:
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 -----
From: Ian
To: canslim@lists.xmission.com
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 -----
From: Tom Worley
To: canslim@lists.xmission.com
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 -----
From: Ian
To: canslim@lists.xmission.com
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
- --Boundary_(ID_LQAdXxgq0l9jLwja2igtkg)
Content-type: text/html; charset=iso-8859-1
Content-transfer-encoding: 7BIT
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=Content-Type content="text/html; charset=iso-8859-1">
<META content="MSHTML 6.00.2800.1106" name=GENERATOR></HEAD>
<BODY bgColor=#ffffff>
<DIV> </DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=stkguru@bellsouth.net href="mailto:stkguru@bellsouth.net">Tom
Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=canslim@lists.xmission.com
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Friday, November 22, 2002 7:43
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] What's with
KLIC???</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>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.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>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.</FONT></DIV>
<DIV> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
title=pscalare@yahoo.com href="mailto:pscalare@yahoo.com">Bob Raible</A>
</DIV>
<DIV><B>To:</B> <A title=canslim@lists.xmission.com
href="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
downgrades. What gives?
<P> <B><I>Tom Worley <<A
href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A>></I></B>
wrote:
<BLOCKQUOTE
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid">
<META content="MSHTML 6.00.2800.1126" name=GENERATOR>
<STYLE></STYLE>
<DIV><FONT face=Arial>Hi Ian,</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>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.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
title=ianstm@shaw.ca href="mailto:ianstm@shaw.ca">Ian</A> </DIV>
<DIV><B>To:</B> <A title=canslim@lists.xmission.com
href="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=2>Hi Tom:</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>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.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>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.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=stkguru@bellsouth.net href="mailto:stkguru@bellsouth.net">Tom
Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
title=canslim@lists.xmission.com
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, November 21, 2002
8:52 PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] M</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>Ian, my security stocks did quite nicely today, as
did my IT stocks in my VR Fund.</FONT></DIV>
<DIV> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
title=ianstm@shaw.ca href="mailto:ianstm@shaw.ca">Ian</A> </DIV>
<DIV><B>To:</B> <A title=canslim@lists.xmission.com
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>
</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=2>Is anyone else finding any "NEW" winners emerging from
this buying frenzy?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>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.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>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.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>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'?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Ian</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE><BR><BR>Bob
Raible<BR>Sunny San Jose,CA
<P><BR>
<HR SIZE=1>
Do you Yahoo!?<BR><A
href="http://rd.yahoo.com/mail/mailsig/*http://mailplus.yahoo.com">Yahoo! Mail
Plus</A> - Powerful. Affordable. <A
href="http://rd.yahoo.com/mail/mailsig/*http://mailplus.yahoo.com">Sign up
now</A> </BLOCKQUOTE></BODY></HTML>
- --Boundary_(ID_LQAdXxgq0l9jLwja2igtkg)--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Author): Re: [CANSLIM] Shorting Gene Ricci
Previous Article (by Author): Re: [CANSLIM] What's with KLIC??? Arthur Kay
Top of Thread: Re: [CANSLIM] What's with KLIC??? Arthur Kay
Articles sorted by: [Date]
[Author]
[Subject]