Re: [CANSLIM] Interesting IBD Rating for ELON

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Interesting IBD Rating for ELON
Date: Thu, 15 May 2003 17:04:43 -0600

Next Article (by Date): RE: [CANSLIM] Any reason why I should not buy APPX? Roger Tawa
Previous Article (by Date): [CANSLIM] Re: FFIV Spencer48@aol.com
Next in Thread: RE: [CANSLIM] Interesting IBD Rating for ELON "Katherine Malm"
Articles sorted by: [Date] [Author] [Subject]

On 15 May 2003 at 12:51, Joe McCall wrote:

>  How important really is the EPS and other
> fundamental ratings?

I think EPS is fairly important, unless you have a reason to disregard it, 
which can happen.  As an example of when to ignore the EPS, back in the 
good old days, Broadcom, before it started its big move up, had an EPS 
rank of about 70, although earnings were growing at 100% or more per 
quarter.  Because the EPS is calculated by taking into account a number 
of quarters, it will lag when a company has a positive change of fortune, 
so in those cases, I think you can probably not worry too much if the EPS 
rank is low.

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.