[CANSLIM] DRTE


From: Yien T Lung <ylung@engin.umich.edu>
Subject: [CANSLIM] DRTE
Date: Wed, 13 Aug 2003 13:52:54 -0400 (EDT)

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hi guys,

Please give me your input on DRTE. Here is my take.

1) It released earnings today. Quarter over quarter EPS growth is 26%
(accounting for acquisition). Previous quarter EPS growth was 22%
2) Quarterly Sales growth increased by 21%.
3) Technically, I believe DRTE has been trading on a flat base for the
past 9-10 weeks with lower volume. It gapped up today and broke into a new
price high on high volume. The RS line has also shot up to a new high.
4) This stock belongs to the SP Small Caps benchmark. So I guess this
could mean that it is a reasonably small company (less shares outstanding)
but with enough liquidity
5) Leader or Laggard? According to the IBD website, its industry Group
Relative Strength is A+. It currently holds the second spot, after PRWK
(which was bought over by Kodak) in attractiveness.
6) Acc/Distr is A-


Cheers,
Yien



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