Re: [CANSLIM] Second Guessing Myself - SFCC

From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] Second Guessing Myself - SFCC
Date: Wed, 9 Jul 2003 16:00:38 -0500

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Kelly,

I saw the same things that you did.  For me, it is always a struggle not to
chase those stocks that break out of a nice looking pattern, but don't
having the fundies behind them.

I am sure that many people probably make some money doing just that, but I
have also seen some of them drop way back down in a hurry. From what I have
seen over the fast few weeks is that many good stocks are breaking out, you
just need to stay focussed.

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


                                                                                                                            
                    "Kelly Short"                                                                                           
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                    07/09/2003 03:40 PM                                                                                     
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I noticed today that SFCC is up 12% since breaking out on 7/8. I
reevaluated my evaluation of this stock to see if perhaps I missed a
CANSLIM candidate. I stand beside my decision not to pursue this stock
because:

Industry Score = 148/190 (and getting worse)
Quarter over Quarter Earnings Growth decelerating
Quarterly Sales Growth Rates over the trailing four quarters negatively
erradic compared to last year's Quarterly Sales Growth Rates

Would anyone argue that I was too harsh in my review of this stock? Did
anyone see a gem and get into the BO?

I will greatly appreciate anyone's opinions. Thanks!

Kelly

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