RE: [CANSLIM] GRMN

From: "Curt Corley" <cjcorley@hiwaay.net>
Subject: RE: [CANSLIM] GRMN
Date: Tue, 3 Dec 2002 19:32:39 -0600

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Mike,

I like GRMN's CANSLIM fundamentals for the most part except that the EPS
growth was negative two quarters in the last four quarters.  Sales could
be a little better too.  But when it "pulled back" today, it *really*
"pulled back."  It's down on a 364% volume increase. If you go to
www.investors.com, you'll see it in the bad half of "Where The Money's
Flowing Now."  That's a good indication that the elephants may be
dumping this one.  That's enough to scare me away from this -- at least
for the short-term.  

Curt

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of
michael_niemotka@baxter.com
Sent: Tuesday, December 03, 2002 11:56 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] GRMN

This is a stock that I had on my watchlist. but was unable to buy into
yesterday because of lack of capital.  I think it broke out of a cup
with
no handle with a PP = $24.20. I was hoping that it might pull back a bit
and give me another chance, and it seems to be doing that today.

But does the fact that it is pulling back on higher than average volume
raise any fed flags?  It is still above the pivot.  Does the absolute
value
of the volume mean more that the relative volume compared to yesterday's
breakout?

Thanks

Mike

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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