Re: [CANSLIM] pwav

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] pwav
Date: Thu, 10 Jul 2003 19:47:50 -0700 (PDT)

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Mike,

Not sure why you like PWAV.  The chart looks good, but
the fundies is not very good at all.

Your question reminds me of APPX.  I bought it at the
BO mid May.  It had one down day with heavy volume
5/28.  I got scared and sold it.  I guess I am saying
is that maybe one distribution is not enough of a
sign.  Or maybe it is.  Not sure, but I do know that I
should have kept the stock.

tomas

- --- michael_niemotka@baxter.com wrote:
> I  notice  that today, this stock has pulled back
> sharply (as the general
> market is taking it's lumps) on higher than ave
> volume, near the bo. price.
> 
> Does this give a second chance to enter?
> 
> Personally I would say no, since it has pulled back
> on high volume .
> 
> 
> 
> 
> 
> 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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