RE: [CANSLIM] ELBO - thoughts on where to get in?

From: "Pritish Shah" <pshah@lason.com>
Subject: RE: [CANSLIM] ELBO - thoughts on where to get in?
Date: Wed, 20 Aug 2003 12:38:34 -0400

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I would buy it after the earnings come out tomorrow (basically buy it on
Friday). But if I were to venture a guess, I think they will post a
stellar earnings. They operate retail video gaming stores. The retail
sales for the past quarter have been great. Plus the video game market
has been growing like crazy with the 25-35 age groups. Each video game
averages around $30 to $40 (US) average. Plus new games are coming out
fast.

Finally, GameStop (a similar retail chain) posted 8% profit increase on
11% sales increase. This drove up the GME price yesterday and today. One
thing that I would be iffy about is their profit increase. It should
have grown more than 11% as sales increased 11% so there is some issue
that is keeping their profit down -- whether it be operating overhead or
something else.

Pritish

>>> ffr@adrich.com 8/20/2003 10:23:25 AM >>>
From a strict WON approach, it is only rated at B + 154 (EPS +RS). 
WON
advocates not looking at stocks below 160.  While the recent uptrend
is
encouraging and on a weekly chart, the current price has penetrated
the
downward sloping trend line, you must ask yourself . . . What is my
reason
for investing in this company?
 
Your answer to that question will tell you if you should buy it today?

- -----Original Message-----
From: owner-canslim@lists.xmission.com 
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Krueger, Kevin
Sent: Wednesday, August 20, 2003 9:00 AM
To: canslim@lists.xmission.com 
Subject: [CANSLIM] ELBO - thoughts on where to get in?


ELBO has interesting and steady pattern - the kind I like - what do
you
think?
 
- -Kevin


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