Re: computer / net security group (was Re: [CANSLIM] ROOM)

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: computer / net security group (was Re: [CANSLIM] ROOM)
Date: Mon, 2 Dec 2002 20:14:04 -0500

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Hi Kelly,

I bought this sector with an 18 month horizon, so my one month gain of about
30% (despite some losses today), has not changed my outlook, nor my goal of
netting 100% ++. If you don't want the headache and hassle and work of
picking some individual ones, you could try to find a fund, however it is
such a narrow niche that you may have trouble finding a single fund so
specialized. You may have to settle for a mixed fund, or if you can find one
or two, gamble on which is well managed.

- ----- Original Message -----
From: "Kelly Short" <kelly.short@fw.us.neoris.com>
To: <canslim@lists.xmission.com>
Sent: Monday, December 02, 2002 11:23 AM
Subject: RE: computer / net security group (was Re: [CANSLIM] ROOM)


Tom,

If I were interested in the network security group would you recommend
finding a fund that tracks these stocks (and if so, do you know of one) or
has the train left the station?

Kelly

- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Thursday, November 21, 2002 10:32 PM
To: canslim@lists.xmission.com
Subject: computer / net security group (was Re: [CANSLIM] ROOM)


no problem, Kelly, I am so brain dead so much of the time lately that I
sometimes need a name tag just to know who I am.  I forgot about the comment
below.

I am very pleased with the security group, being up 7.6% today for the
portfolio (despite one outside the group I bot today that went down), and
gaining nearly as much yesterday as well.  My VR Fund also benefited, owning
some of the same stocks, popping up over 4.5%. It was a risk for me to go
totally into one sector, never did that before, nor was I ever a "group
follower". So naturally I am pleased as punch that (so far) I look like a
genius (ok, so I am not very humble when I am proven right, at least
temporarily, you got to grab glory when you can).

I am a risk taker, so I was looking at the group well before it was highly
ranked. The stocks I bought were mostly in the RS 30 to 50 at the time. Even
now, several are only up into the 70 or so range, and almost all are still
well under highs set earlier this year, so still have overhead resistance,
especially now that we are entering tax related selling times.

On the other hand, I am a long term investor, and bought these for 18 months
or so out, so I was not so concerned at entering them at a "perfect" price.
Naturally, like any investor, I always like to be up on trade date, and I
was. But since got back to almost the cost of commissions to return to 100%
cash, which was not pleasant. From everything I read, this is one of the few
sectors that is expanding sales during a stagnant economy, and is also
expected to be one of the first ones to benefit when corporations again
start spending on IT products. So I remain quite positive on this sector.

- ----- Original Message -----
From: "Kelly Short" <kelly.short@fw.us.neoris.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, November 21, 2002 9:44 AM
Subject: RE: [CANSLIM] ROOM


Tom,

Forgive me- was not trying to box you into a corner. You speak "positively"
of the internet / computer security group. Do you still (today) speak
positively of these groups or would you say their steam has been expelled?

Kelly


- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Wednesday, November 20, 2002 8:50 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] ROOM


I don't recall saying any particular about the e-commerce sector. I did
speak positively of the internet / computer security groups.

- ----- Original Message -----
From: "Kelly Short" <kelly.short@fw.us.neoris.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, November 20, 2002 4:19 PM
Subject: RE: [CANSLIM] ROOM


Tom,

If I remember correctly you suggested a move in the e-commerce realm a few
weeks ago- would you still advise the same today?

Kelly

- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Tuesday, November 19, 2002 6:07 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] ROOM


Norm, the internet e-commerce group has been strong lately, hence the group
RS of 93 now. Others in the top six are AMZN, EXPE, UOPX, GYI, & TREE.

- ----- Original Message -----
From: "Norman Boyd" <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Monday, November 18, 2002 10:41 PM
Subject: [CANSLIM] ROOM


Anyone else notice this one did what SYMC did.  Specifically, a low vol
breakout from a handle.  SYMC immediately pulled back on below-avg-vol.

Norm



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