Go to Jeff Salisbury LWGate Home Page.From: "Curt Corley" <cjcorley@hiwaay.net>
Subject: RE: [CANSLIM] NXTL, SXT
Date: Wed, 4 Dec 2002 18:45:12 -0600
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Hi Katherine,
=20
Thanks for your input. I agree with you and appreciate your
interpretation of HTTMIS for the most part. Although I did not mention
it, I do compare D/E to the other companies within the same industry. I
depart from your interpretation, however, regarding the meaning of the
values. If I really want to follow WON=92s guidelines, I have to =
consider
some of those values as solid criteria to be met =96 not just =
=93typical=94 or
=93average=94 values for winning stocks over time. Take ROE for =
instance.
According to my interpretation of the blue book, Chapter 20 clearly
states what the ROE should be before you buy a stock. If the ROE is
below that amount, it doesn=92t even show up on my radar. And that=92s =
a
good thing (at least for me), because I don=92t have to devote time to
find excuses as to why it didn=92t meet that criterion. For me: the =
more
strict the interpretation, the better. After devoting time to my family,
my job, and other obligations (not to mention the down-time I allow
myself =96 including the time spent on the CANSLIM Digest list), I =
don=92t
have very much time to devote to fundamental and technical analysis of
stock candidates. So I would prefer to keep my stock candidates down to
at least two dozen different stocks a week.
=20
Once again, thanks for your input. As always, you=92re an excellent
contributor to this list and one of the reasons the list will probably
still be around 5 years from now.
=20
Cheers,
Curt
=20
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
Sent: Wednesday, December 04, 2002 9:11 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] NXTL, SXT
=20
Hi Curt,
=20
Thanks for the data on SXT and NXTL. I also agree with you about being a
picky investor and choosing only the best. I'd like to take exception,
however, to the idea that all the hurdles WON mentions in HTMMIS must be
met simultaneously in order for a stock to be considered "a good stock."
WON provides guidelines for each of the CANSLIM criteria, but these are
"typical" or "average" values for winning stocks over time. In other
words, you are looking for the greatest representation of strength from
each of these categories, or what I call the "preponderance of evidence"
that the company is a leader, has been able to generate growth in
earnings and revenues, produces excellent profitability for the capital
employed, and has fuel for future growth. Take for example, the tendency
of accounting reporting to lag. By the time it is reported, it's past
history. The price of the stock, on the other hand, is anticipating
future earnings. So, if the technicals show sound accumulation and the
preponderance of evidence of fundamentals and due diligence shows a
pattern of growth and leadership, it's not necessary that each and every
CANSLIM fundamental "typical" recommendation be met.
=20
I'm not arguing for NXTL...but I can use it as an example. 12 month EPS
is -2.10, however, this includes a value from 4 quarters ago of -2.25,
a bathtub quarter that included some unusual one time charges that
couldn't be backed out of the pro forma number. More importantly,
however, the most recent 2 quarters have been a positive .35 and .55,
showing 166% and 304% growth in earnings over the same quarter in the
prior year. As a result, the TTM ROE is also going to lag. Now, you have
3 hurdles being missed simultaneously as a result of one bathtub quarter
(EPS growth, ROE and raw EPS) because each of these accounting measures
is inter-related. It also doesn't recognize the *turnaround* in the
pattern of earnings over the last 2 quarters, something WON has talked
about in the past as an important indicator after a company has gone
through tough times.
=20
One last example, i.e., the hurdle for the D/E ratio. While WON suggests
that "lower is better" it is also important to compare the D/E to other
stocks in the same industry. For example, in highly capital intensive
industries it is common to carry a fairly high D/E ratio, as much of the
physical plant and equipment is financed through debt. It is not
uncommon for companies to rejigger their capital structure to take on
more debt when interest rates are low. It's far more important to
determine if their earnings (and/or cash flow) are sufficient to cover
interest payments than it is to judge them on the D/E in and of itself.
There's much more to it than the brief examples I've given here, such as
the stage of the business and the evolution of their D/E during each
phase of maturity, etc., but it does demonstrate one more reason why
writing off a company simply because it's D/E is > 50% (or some other
hurdle) is a dangerous practice.
=20
Katherine
- ----- Original Message -----=20
From: Curt Corley <mailto:cjcorley@hiwaay.net> =20
To: canslim@lists.xmission.com=20
Sent: Tuesday, December 03, 2002 8:57 PM
Subject: RE: [CANSLIM] NXTL, SXT
=20
The web-based stock diagnosis service (located on a site that we all
know and love and which will remain nameless) gives these two stocks
high overall ratings. But I don't agree with the ratings.
I have Stock Investor Pro screener, and I set it up to look at all the
factors that WON mentions in his most recent edition of HTMMIS. Both
SXT and NXTL look extremely disappointing to me. Here's the list of
fundamentals that are below standard according to HTTMIS:
SXT:=20
(1) Compounded annual EPS growth from continuing operations over the
last 3 years is -5.1%. =20
(2) Twelve-month ROE is only 11.3%. =20
(3) Twelve-month Pretax profit margin is only 12.5%
(4) Twelve-month After-tax profit margin is down to 8.7% from 9.3% 3
years ago.
(5) Long-term Debt/Equity ratio for the most recent quarter is a
whopping 103.9! This is an all-time high.
(6) 12-month Cash-Flow per share is 1.2% less than 12-month EPS.=20
NXTL:
(1) 12-month EPS is -2.10.
(2) Compounded annual EPS growth from continuing operations over the
last 3 years is -12.6% (-27.9% over the last 5 years)
(3) Quarterly Sales is only 14.4%
(4) Annual sales growth is decelerating.
(5) Pretax profit margin is -18.1%
(6) After-tax profit margin is -37.2% (which is not near it's all-time
high)
(7) High Long-Term Debt/Equity ratio.
(8) 12-month Cash-Flow-Per-Share is -110% less than 12-month EPS.
I agree with the guidelines and rules set forth by WON, but I treat the
ratings with a grain of salt. According to a popular financial paper
(and its associated web site), there will always be 200 stocks out of
every 10,000 that are going to look good in each category -- no matter
what -- simply because they are in the top 20% of all stocks for that
category. In reality, there are currently less than 50 stocks that meet
all of the criteria set forth in HTMMIS. In fact, my pickiest WON stock
screen only came up with 15 stocks. After looking at the charts, the
pickings are even slimmer.
Now, I'm certainly not saying that there will be only 15 stocks that
will give you good returns. And I'm also not saying that you cannot
make good money using the unnamed paper and web site for a reference. I
subscribe to that paper myself. I do, however, believe you shouldn't
assume a stock in the top 20% has good fundamentals. I also believe you
can pick CANSLIM stocks a lot easier using a good stock screener. =20
Since most of us aren't burdened with the task of finding places to
invest millions of dollars, we can afford to be picky and buy only the
best.
=20
Curt
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Jeff Mulder
Sent: Tuesday, December 03, 2002 7:16 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] NXTL, SXT
I'm not interested in SXT. I was responding to a request for technical
and
fundamental opinions regarding SXT and NXTL.
- - Jeff
- ----- Original Message -----
From: "Norman Boyd" <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Sunday, December 01, 2002 10:04 PM
Subject: Re: [CANSLIM] NXTL, SXT
> Jeff,
>
> May I ask why you are interested in this stock? From my view point
there
> are many better looking charts and fundamentals out there than this
one.
> Just curious.
>
> Norm
>
> ----- Original Message -----
> From: "Jeff Mulder" <jeff@mulder.com>
> To: <canslim@lists.xmission.com>
> Sent: Sunday, December 01, 2002 8:39 PM
> Subject: Re: [CANSLIM] NXTL, SXT
>
>
> > SXT is in a better buying position now than a week ago. Price has
> tightened
> > up nicely while clarifying short-term support. However, as Tom
pointed
> out,
> > you probably won't get much juice from this one.
> >
> > SXT's group looks good. The Media General Industry Average is
> consolidating
> > at new highs.
> >
> > - Jeff
> >
> > ----- Original Message -----
> > From: <Vanchee1@aol.com>
> > To: <canslim@lists.xmission.com>
> > Sent: Saturday, November 23, 2002 5:14 PM
> > Subject: [CANSLIM] NXTL, SXT
> >
> >
> > > Looking for a little feed back, but heres my thoughts, thinking
about
> > buying
> > > these two Mon.
> > > SXT 84/90 BAA, I like the chart, not too extended at this point.
Volume
> > has
> > > been slightly higher but not real great. Earning are good and they
have
> > been
> > > buying smaller companies that will provide some synergies. I know
there
> > are
> > > 47 mil shares outstanding but do not know what the float is, if
anyone
> has
> > a
> > > link to where I can find the float on different companies please
post,
> > > thanks.
> > >
> > > NXTL 80/99 ADA, chart also looks good, earnings are getting
better,
and
> > the
> > > company is doing a good job of paying down dept.
> > >
> > > Any feed back is appreciated.
> > >
> > > Thanks Chris
> > >
> > > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim". Do not use quotes in your email.
> > >
> >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim". Do not use quotes in your email.
> >
> >
>
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
>
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
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<div class=3DSection1>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>Hi =
Katherine,<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>Thanks for your input.<span
style=3D'mso-spacerun:yes'>=A0 </span>I agree with you and appreciate =
your
interpretation of HTTMIS for the most part.<span =
style=3D'mso-spacerun:yes'>=A0
</span>Although I did not mention it, I do compare D/E to the other =
companies
within the same industry.<span style=3D'mso-spacerun:yes'>=A0 </span>I =
depart from
your interpretation, however, regarding the meaning of the values.<span
style=3D'mso-spacerun:yes'>=A0 </span>If I really want to follow <span
class=3DSpellE>WON’s</span> guidelines, I have to consider some of =
those
values as solid criteria to be met – not just =
“typical” or “average”
values for winning stocks over time.<span style=3D'mso-spacerun:yes'>=A0
</span>Take ROE for instance.<span style=3D'mso-spacerun:yes'>=A0 =
</span>According
to my interpretation of the blue book, Chapter 20 clearly states what =
the ROE
should be before you buy a stock.<span style=3D'mso-spacerun:yes'>=A0 =
</span>If the
ROE is below that amount, it doesn’t even show up on my =
radar.<span
style=3D'mso-spacerun:yes'>=A0 </span>And that’s a good thing (at =
least for
me), because I don’t have to devote time to find excuses as to why =
it didn’t
meet that criterion.<span style=3D'mso-spacerun:yes'>=A0 </span>For me: =
the more
strict the interpretation, the better. After devoting time to my family, =
my
job, and other obligations (not to mention the down-time I allow myself =
–
including the time spent on the CANSLIM Digest list), I don’t have =
very
much time to devote to fundamental and technical analysis of stock =
candidates.<span
style=3D'mso-spacerun:yes'>=A0 </span>So I would prefer to keep my stock =
candidates
down to at least two dozen different stocks a =
week.<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>Once again, thanks for your =
input.<span
style=3D'mso-spacerun:yes'>=A0 </span>As always, you’re an =
excellent
contributor to this list and one of the reasons the list will probably =
still be
around 5 years from now.<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>Cheers,<o:p></o:p></span></font></p>=
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>Curt<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
face=3DTahoma><span
style=3D'font-size:10.0pt;font-family:Tahoma'>-----Original =
Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b> =
owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] <b><span =
style=3D'font-weight:bold'>On
Behalf Of </span></b>Katherine Malm<br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Wednesday, December =
04, 2002
9:11 AM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> =
canslim@lists.xmission.com<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> Re: [CANSLIM] =
NXTL, SXT</span></font></p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'><o:p> </o:p></span></font></p>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>Hi Curt,<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>Thanks for the data on SXT and NXTL. I also =
agree with
you about being a picky investor and choosing only the best. I'd like to =
take
exception, however, to the idea that all the hurdles WON mentions in =
HTMMIS
must be met simultaneously in order for a stock to be considered "a =
good
stock." WON provides guidelines for each of the CANSLIM criteria, =
but
these are "typical" or "average" values for winning =
stocks
over time. In other words, you are looking for the greatest =
representation of
strength from each of these categories, or what I call the =
"preponderance
of evidence" that the company is a leader, has been able to =
generate
growth in earnings and revenues, produces excellent profitability for =
the
capital employed, and has fuel for future growth. Take for example, the
tendency of accounting reporting to lag. By the time it is reported, =
it's past
history. The price of the stock, on the other hand, is anticipating =
future
earnings. So, if the technicals show sound accumulation and the =
preponderance
of evidence of fundamentals and due diligence shows a pattern of growth =
and
leadership, it's not necessary that each and every CANSLIM fundamental
"typical" recommendation be met.<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>I'm not arguing for NXTL...but I can use it =
as an example.
12 month EPS is -2.10, however, this includes a value from 4 =
quarters ago
of -2.25, a bathtub quarter that included some unusual one time =
charges
that couldn't be backed out of the pro forma number. More importantly, =
however,
the most recent 2 quarters have been a positive .35 and .55, showing =
166% and
304% growth in earnings over the same quarter in the prior year. =
As a
result, the TTM ROE is also going to lag. Now, you have 3 hurdles being =
missed
simultaneously as a result of one bathtub quarter (EPS growth, ROE and =
raw EPS)
because each of these accounting measures is inter-related. It also =
doesn't
recognize the *turnaround* in the pattern of earnings over the last 2 =
quarters,
something WON has talked about in the past as an important indicator =
after
a company has gone through tough =
times.<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>One last example, i.e., the hurdle for the =
D/E ratio.
While WON suggests that "lower is better" it is also important =
to
compare the D/E to other stocks in the same industry. For example, in =
highly
capital intensive industries it is common to carry a fairly high D/E =
ratio, as
much of the physical plant and equipment is financed through debt. It is =
not
uncommon for companies to rejigger their capital structure to take on =
more debt
when interest rates are low. It's far more important to determine if =
their
earnings (and/or cash flow) are sufficient to cover interest =
payments than
it is to judge them on the D/E in and of itself. There's much more to it =
than
the brief examples I've given here, such as the stage of the business =
and the
evolution of their D/E during each phase of maturity, etc., but it does
demonstrate one more reason why writing off a company simply because =
it's D/E
is > 50% (or some other hurdle) is a dangerous =
practice.<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>Katherine<o:p></o:p></span></font></p>
</div>
<blockquote style=3D'border:none;border-left:solid black =
1.5pt;padding:0in 0in 0in 4.0pt;
margin-left:3.75pt;margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt'=
>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'>----- Original Message =
- ----- <o:p></o:p></span></font></p>
</div>
<div style=3D'font-color:black'>
<p class=3DMsoNormal =
style=3D'margin-left:.5in;background:#E4E4E4'><b><font size=3D2
face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>From:</span=
></font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> <a
href=3D"mailto:cjcorley@hiwaay.net" title=3D"cjcorley@hiwaay.net">Curt =
Corley</a> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>To:</span><=
/font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> <a
href=3D"mailto:canslim@lists.xmission.com" =
title=3D"canslim@lists.xmission.com">canslim@lists.xmission.com</a>
<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Sent:</span=
></font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> Tuesday,
December 03, 2002 8:57 PM<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Subject:</s=
pan></font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> RE:
[CANSLIM] NXTL, SXT<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'><o:p> </o:p></span></font></p>
</div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>The web-based stock diagnosis service =
(located on a
site that we all<br>
know and love and which will remain nameless) gives these two stocks<br>
high overall ratings. But I don't agree with the ratings.<br>
<br>
I have Stock Investor Pro screener, and I set it up to look at all =
the<br>
factors that WON mentions in his most recent edition of HTMMIS. =
Both<br>
SXT and NXTL look extremely disappointing to me. Here's the list =
of<br>
fundamentals that are below standard according to HTTMIS:<br>
<br>
SXT: <br>
(1) Compounded annual EPS growth from continuing operations over the<br>
last 3 years is -5.1%. <br>
(2) Twelve-month ROE is only 11.3%. <br>
(3) Twelve-month Pretax profit margin is only 12.5%<br>
(4) Twelve-month After-tax profit margin is down to 8.7% from 9.3% 3<br>
years ago.<br>
(5) Long-term Debt/Equity ratio for the most recent quarter is a<br>
whopping 103.9! This is an all-time high.<br>
(6) 12-month Cash-Flow per share is 1.2% less than 12-month EPS. <br>
<br>
NXTL:<br>
(1) 12-month EPS is -2.10.<br>
(2) Compounded annual EPS growth from continuing operations over the<br>
last 3 years is -12.6% (-27.9% over the last 5 years)<br>
(3) Quarterly Sales is only 14.4%<br>
(4) Annual sales growth is decelerating.<br>
(5) Pretax profit margin is -18.1%<br>
(6) After-tax profit margin is -37.2% (which is not near it's =
all-time<br>
high)<br>
(7) High Long-Term Debt/Equity ratio.<br>
(8) 12-month Cash-Flow-Per-Share is -110% less than 12-month EPS.<br>
<br>
I agree with the guidelines and rules set forth by WON, but I treat =
the<br>
ratings with a grain of salt. According to a popular financial =
paper<br>
(and its associated web site), there will always be 200 stocks out =
of<br>
every 10,000 that are going to look good in each category -- no =
matter<br>
what -- simply because they are in the top 20% of all stocks for =
that<br>
category. In reality, there are currently less than 50 stocks that =
meet<br>
all of the criteria set forth in HTMMIS. In fact, my pickiest WON =
stock<br>
screen only came up with 15 stocks. After looking at the charts, =
the<br>
pickings are even slimmer.<br>
<br>
Now, I'm certainly not saying that there will be only 15 stocks that<br>
will give you good returns. And I'm also not saying that you =
cannot<br>
make good money using the unnamed paper and web site for a =
reference. I<br>
subscribe to that paper myself. I do, however, believe you =
shouldn't<br>
assume a stock in the top 20% has good fundamentals. I also =
believe you<br>
can pick CANSLIM stocks a lot easier using a good stock screener. =
<br>
<br>
Since most of us aren't burdened with the task of finding places to<br>
invest millions of dollars, we can afford to be picky and buy only =
the<br>
best.<br>
<br>
Curt<br>
<br>
- -----Original Message-----<br>
From: <a =
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</a><br>
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Jeff Mulder<br>
Sent: Tuesday, December 03, 2002 7:16 PM<br>
To: <a =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>=
<br>
Subject: Re: [CANSLIM] NXTL, SXT<br>
<br>
I'm not interested in SXT. I was responding to a request for =
technical<br>
and<br>
fundamental opinions regarding SXT and NXTL.<br>
<br>
- - Jeff<br>
<br>
- ----- Original Message -----<br>
From: "Norman Boyd" <<a =
href=3D"mailto:theboyd@tisd.net">theboyd@tisd.net</a>><br>
To: <<a =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>=
><br>
Sent: Sunday, December 01, 2002 10:04 PM<br>
Subject: Re: [CANSLIM] NXTL, SXT<br>
<br>
<br>
> Jeff,<br>
><br>
> May I ask why you are interested in this stock? From my view =
point<br>
there<br>
> are many better looking charts and fundamentals out there than =
this<br>
one.<br>
> Just curious.<br>
><br>
> Norm<br>
><br>
> ----- Original Message -----<br>
> From: "Jeff Mulder" <<a =
href=3D"mailto:jeff@mulder.com">jeff@mulder.com</a>><br>
> To: <<a =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>=
><br>
> Sent: Sunday, December 01, 2002 8:39 PM<br>
> Subject: Re: [CANSLIM] NXTL, SXT<br>
><br>
><br>
> > SXT is in a better buying position now than a week ago. =
Price
has<br>
> tightened<br>
> > up nicely while clarifying short-term support. However, =
as Tom<br>
pointed<br>
> out,<br>
> > you probably won't get much juice from this one.<br>
> ><br>
> > SXT's group looks good. The Media General Industry =
Average is<br>
> consolidating<br>
> > at new highs.<br>
> ><br>
> > - Jeff<br>
> ><br>
> > ----- Original Message -----<br>
> > From: <<a =
href=3D"mailto:Vanchee1@aol.com">Vanchee1@aol.com</a>><br>
> > To: <<a =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>=
><br>
> > Sent: Saturday, November 23, 2002 5:14 PM<br>
> > Subject: [CANSLIM] NXTL, SXT<br>
> ><br>
> ><br>
> > > Looking for a little feed back, but heres my thoughts, =
thinking<br>
about<br>
> > buying<br>
> > > these two Mon.<br>
> > > SXT 84/90 BAA, I like the chart, not too extended at this =
point.<br>
Volume<br>
> > has<br>
> > > been slightly higher but not real great. Earning are good =
and
they<br>
have<br>
> > been<br>
> > > buying smaller companies that will provide some =
synergies. I
know<br>
there<br>
> > are<br>
> > > 47 mil shares outstanding but do not know what the float =
is, if<br>
anyone<br>
> has<br>
> > a<br>
> > > link to where I can find the float on different companies =
please<br>
post,<br>
> > > thanks.<br>
> > ><br>
> > > NXTL 80/99 ADA, chart also looks good, earnings are =
getting<br>
better,<br>
and<br>
> > the<br>
> > > company is doing a good job of paying down dept.<br>
> > ><br>
> > > Any feed back is appreciated.<br>
> > ><br>
> > > Thanks Chris<br>
> > ><br>
> > > -<br>
> > > -To subscribe/unsubscribe, email "<a
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</a>"<b=
r>
> > > -In the email body, write "subscribe canslim" =
or<br>
> > > -"unsubscribe canslim". Do not use quotes =
in
your email.<br>
> > ><br>
> ><br>
> ><br>
> ><br>
> > -<br>
> > -To subscribe/unsubscribe, email "<a
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</a>"<b=
r>
> > -In the email body, write "subscribe canslim" or<br>
> > -"unsubscribe canslim". Do not use quotes in =
your
email.<br>
> ><br>
> ><br>
><br>
><br>
> -<br>
> -To subscribe/unsubscribe, email "<a
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</a>"<b=
r>
> -In the email body, write "subscribe canslim" or<br>
> -"unsubscribe canslim". Do not use quotes in your =
email.<br>
><br>
<br>
<br>
- -<br>
- -To subscribe/unsubscribe, email "<a =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</a>"<b=
r>
- -In the email body, write "subscribe canslim" or<br>
- -"unsubscribe canslim". Do not use quotes in your =
email.<br>
<br>
<br>
- -<br>
- -To subscribe/unsubscribe, email "<a =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</a>"<b=
r>
- -In the email body, write "subscribe canslim" or<br>
- -"unsubscribe canslim". Do not use quotes in your =
email.<o:p></o:p></span></font></p>
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