Re: [CANSLIM] What works in this market?

From: Spencer48@aol.com
Subject: Re: [CANSLIM] What works in this market?
Date: Thu, 17 Jul 2003 16:38:22 EDT

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Pritish:

     No stats, just personal observations/comment:  I asked DGO to put when 
the company went public in their graphs (they now do) because WON observed that 
stocks that are less than 8 yrs public are the ones that usually take off.  

     He experienced this; but it also makes sense: A company is not going to 
go public unless they have something new (in technology or service) to offer.  
There is just too much labor involved in taking it public (regulations and 
other govt. oversights).  Also, those speculators or investment brokers won't 
handle a company that's going public unless (it seems to me) there is a good 
chance it will take off-and there won't be a good chance unless the company has a 
product or service that is new or innovative.  Also, it should be 
acknowledged that a company over 8 years old might very well now be in the mature stage 
(ie. not very inviting for someone who wants relatively quick capital gains).

jans

    


In a message dated 7/17/2003 12:52:10 PM Eastern Daylight Time, 
pshah@lason.com writes:

<< Has anybody else seen such commonalities? If yes, please share. One of 
WONs recommendation is to consider only buying stocks that are no more than 8 
years old and coming out with new products.
 
 Pritish >>

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