[CANSLIM] Any reason why I should not buy APPX?

From: Tomas <tomas986@yahoo.com>
Subject: [CANSLIM] Any reason why I should not buy APPX?
Date: Wed, 14 May 2003 21:09:20 -0700 (PDT)

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APPX has very good fundies.  It has 15.13/18 from
Katherine's CE (8.80/11 CEF and 6.33/7 CET), not too
shabby.

The chart looks good too.  Looks like left cup on 1/30
at $27.75.  Pivot point at 5/5 at $26.2.  BO is today
to $28.54 with heavy volume.  Still within the %5 to
buy.  The handle was trending down.  There was even a
shakeout day on 5/8 (down on heavier volume but still
ended up on the higher price range of the day).  The
CwH looks good.  The only thing bad about this is that
the handle is only about 6 days.

Management owns about 71% of the stock, mainly by the
CEO.

What do you guys/gals think?  Any reason why I should
not buy it tomorrow?

I read somewhere about the IBD curse, this stock is on
the "Stock in the News" today.  Should I be worry
about that fact? 

tomas


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