From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1822 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Friday, November 16 2001 Volume 02 : Number 1822 In this issue: [CANSLIM] KKD - doughnuts anyone ? Re: [CANSLIM] KKD - doughnuts anyone ? Re: [CANSLIM] IBD Investors Corner EPS ratings. Re: [CANSLIM] IBD Investors Corner EPS ratings. Re: [CANSLIM] APPB ---------------------------------------------------------------------- Date: Thu, 15 Nov 2001 20:52:39 -0800 From: "Nicholas Barone" Subject: [CANSLIM] KKD - doughnuts anyone ? Hi all: Earnings tomorrow - I like the new machine (new product - concept?) - chart looks bettter than most. Good sales history and earnings - unusal high volume selloff today (typical b/o problems with most canslim stocks recently )- it also happened a few weeks ago(around 10/22nd -when it spiked over pivot - this is a short squeeeesssse waiting to happen. I got a good run in this stock the last time it b/o in may - but I didn't jump in today because of the action in the stock. Comments? _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 16 Nov 2001 03:27:02 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] KKD - doughnuts anyone ? Hi Nicholas, I guess it's a matter of taste, er, preference. I'd be inclined to wait and see the market reaction to earnings news. A gap up on high volume from this pivot area Wednesday, and it might be worth a shot. But, I sure would like to know more about their strategy to put KKD's everywhere. Not sure they can maintain a quality product when serving in places like Target and I'm not sure how much of the mystique is tied to the "see-through manufacturing" concept, how much to "fresh hot donuts" and how much to "aren't you tired of eating tasteless 'healthy' food?" On the other hand, even in Las Vegas, I stumbled on little KKD tucked away at Treasure Island while I was trying to find Starbucks for my daily fix. It was far away from any casino traffic and upstairs from the rest of the food concessions. Yet, people were lining up and buying them by the dozens. I still don't get it. But then, I drink Starbucks. Maybe everybody has their own vice. Katherine - ----- Original Message ----- From: "Nicholas Barone" To: Sent: Thursday, November 15, 2001 10:52 PM Subject: [CANSLIM] KKD - doughnuts anyone ? > Hi all: > > Earnings tomorrow - I like the new machine (new product - concept?) - > chart looks bettter than most. > Good sales history and earnings - unusal high volume selloff today (typical > b/o problems with most canslim stocks recently )- it also happened a few > weeks ago(around 10/22nd -when it spiked over pivot - this is a short > squeeeesssse waiting to happen. > > I got a good run in this stock the last time it b/o in may - but I didn't > jump in today because of the action in the stock. > > Comments? > > _________________________________________________________________ > Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 16 Nov 2001 06:40:45 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. This is a multi-part message in MIME format. - ------=_NextPart_000_002A_01C16E69.9E8F56E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, As usual you bring substance to a the conversation. Howerver, the = economy is showing signs at this point because it is pre Holiday Season. = The busiest time of the year is just ahead. What happens after that. We = need the President's financial incentive passed and soon to really get = started. It is reported that because of October's reports the Fed will = not lower again.=20 DanF ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 9:29 PM Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. I helped bring a company public many years ago, made cinnamon buns and = stuff like that. Smelled great, tasted great. Tried exactly the same = concept. Went bankrupt several years later. Labor costs alone were = killing them. Capital equipment costs, rental space, supervision of many = little stores, etc. destroyed any chance at cost efficiency. Much as I = love KKD's glazed hot air right off the rack, I won't buy their stock. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Warren Keuffel=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 5:38 PM Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. My take on the article was that KKD was going to start opening mini-stores within gas stations, etc. such as the Burger Kings, Taco Bells and KFCs you find at freeway gas stations. That's a = co-location model that has worked well for the fast food industry and I think it will work for KKD because it will promote brand identity (which you don't get at Target) and allow higher margins. I assume that KKD = will still build the bigger stores in high-traffic locations. My (uninformed) $0.02. But I bot a small position in KKD recently, so... Warren Kent Norman wrote: > If smaller stores were the answer, then why do > executives tout the "economies of scale"? > > Why build stores at all when you can get the product > at Target and many other places? I got some at a > store/gas station. > > Someone is trying to bluff us and I don't buy it! > > Kent Norman > > --- Spencer48@aol.com wrote: > > Bill: > > > > Did you read that? The article says that > > Krispy Kreme is hoping to > > expand their sales by using smaller stores. They > > believe the smaller store > > will add value to the larger (regional) factory > > store in that the smaller > > stores will be able to make the dougnuts more > > efficiently. > > > > Doesn't that seem wrongheaded? The reason > > customers buy "fresh-baked" > > dougnuts is because they are freshly baked. How's > > Krispy going to advertise: > > "We "fresh-bake". Not once, but TWICE." > > > > jans > > > > In a message dated 11/15/2001 12:38:28 PM Eastern > > Standard Time, > > btriffet@earthlink.net writes: > > > > << I forgot to add: in today's New America they > > mentioned Krispy Kreme > > Donuts...(rip). > > >> > > > > - > > -To subscribe/unsubscribe, email > > "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your > email. > > __________________________________________________ > Do You Yahoo!? > Find the one for you at Yahoo! Personals > http://personals.yahoo.com > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_002A_01C16E69.9E8F56E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
As usual you bring substance to a the = conversation.=20 Howerver, the economy is showing signs at this point because it is pre = Holiday=20 Season. The busiest time of the year is just ahead. What happens after = that. We=20 need the President's financial incentive passed and soon to really get = started.=20 It is reported that because of October's reports the Fed will not lower = again.=20
 
DanF
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Thursday, November 15, = 2001 9:29=20 PM
Subject: Re: [CANSLIM] IBD = Investors=20 Corner EPS ratings.

I helped bring a company public many years ago, = made=20 cinnamon buns and stuff like that. Smelled great, tasted great. Tried = exactly=20 the same concept. Went bankrupt several years later. Labor costs alone = were=20 killing them. Capital equipment costs, rental space, supervision of = many=20 little stores, etc. destroyed any chance at cost efficiency. Much as I = love=20 KKD's glazed hot air right off the rack, I won't buy their = stock.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Warren=20 Keuffel
Sent: Thursday, November 15, = 2001 5:38=20 PM
Subject: Re: [CANSLIM] IBD = Investors=20 Corner EPS ratings.

My take on the article was that KKD was going to = start=20 opening
mini-stores within gas stations, etc. such as the Burger = Kings,=20 Taco
Bells and KFCs you find at  freeway gas stations.  = That's=20 a co-location
model that has worked well for the fast food = industry and I=20 think it
will work for KKD because it will promote brand identity = (which=20 you
don't get at Target) and allow higher margins.  I assume = that=20 KKD will
still build the bigger stores in high-traffic=20 locations.

My (uninformed) $0.02.  But I bot a small = position in=20 KKD recently,
so...
Warren

Kent Norman = wrote:

> If=20 smaller stores were the answer, then why do
> executives tout = the=20 "economies of scale"?
>
> Why build stores at all when = you can=20 get the product
> at Target and many other places? I got some = at=20 a
> store/gas station.
>
> Someone is trying to = bluff us=20 and I don't buy it!
>
> Kent Norman
>
> --- = Spencer48@aol.com = wrote:
> >=20 Bill:
> >
> >      Did = you read=20 that?  The article says that
> > Krispy Kreme is = hoping=20 to
> > expand their sales by using smaller stores. =20 They
> > believe the smaller store
> > will add = value to=20 the larger (regional) factory
> > store in that the = smaller
>=20 > stores will be able to make the dougnuts more
> >=20 efficiently.
> >
> >      = Doesn't=20 that seem wrongheaded?  The reason
> > customers buy=20 "fresh-baked"
> > dougnuts is because they are freshly = baked. =20 How's
> > Krispy going to advertise:
> >  "We = "fresh-bake".  Not once, but TWICE."
> >
> >=20 jans
> >
> > In a message dated 11/15/2001 = 12:38:28 PM=20 Eastern
> > Standard Time,
> > btriffet@earthlink.net=20 writes:
> >
> > << I forgot to add: in = today's New=20 America they
> > mentioned Krispy Kreme
> >=20 Donuts...(rip).
> >   >>
> = >
> >=20 -
> > -To subscribe/unsubscribe, email
> > "majordomo@xmission.com"
>= ;=20 > -In the email body, write "subscribe canslim" or
> >=20 -"unsubscribe canslim".  Do not use quotes in your
>=20 email.
>
>=20 __________________________________________________
> Do You=20 Yahoo!?
> Find the one for you at Yahoo! Personals
> http://personals.yahoo.com
>= ;
>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.


-
-To = subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
- ------=_NextPart_000_002A_01C16E69.9E8F56E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 16 Nov 2001 07:40:21 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. This is a multi-part message in MIME format. - ------=_NextPart_000_01CC_01C16E71.F2242760 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable DanF, Agreed wholeheartedly on the fiscal stimulus package. Alas, Congress has = returned to its former glory and is hopelessly locked in bipartisan = squabbling and is trying to pork barrel useless chatter into the bill. I = will give them credit for the airline survival package, spurred to = completion with more earnestness since the latest crash. So , all in = all, from a short term perspective, we've got some monies rolling into = an industry that waterfalls down into the economy with particular gusto, = and that is good. In truth, I think the Austrian economists would be = pleased with the other bill's stall, as they find fiscal stimulus, = especially poorly executed stimulus to be detrimental to the economy in = the long run. Barring other catastrophic events, I'd say that we're on = the road to recovery. It's just part of the natural capitalistic = business cycle to redirect monies misallocated in the last cycle. It = works itself out if stupid politicians don't muck up the pie. A fancy = way of saying, I believe we're ok here. Notice that cyclicals have = started uptrending, and that economically sensitive commodities like = copper and cotton are showing their face again. While these can be false = signals, I'm still giving them the benefit of the doubt. Don't think the = Fed needs to lower. Mr. G's smart enough to know that there is a happy = amount of money needed in circulation for different economic cycles and = that he has to be sure not to increase the money supply so as to create = inflationary pressures. It just means that for a while, our returns on the long side are going = to be subdued. Katherine ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Friday, November 16, 2001 5:40 AM Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. Tom, As usual you bring substance to a the conversation. Howerver, the = economy is showing signs at this point because it is pre Holiday Season. = The busiest time of the year is just ahead. What happens after that. We = need the President's financial incentive passed and soon to really get = started. It is reported that because of October's reports the Fed will = not lower again.=20 DanF ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 9:29 PM Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. I helped bring a company public many years ago, made cinnamon buns = and stuff like that. Smelled great, tasted great. Tried exactly the same = concept. Went bankrupt several years later. Labor costs alone were = killing them. Capital equipment costs, rental space, supervision of many = little stores, etc. destroyed any chance at cost efficiency. Much as I = love KKD's glazed hot air right off the rack, I won't buy their stock. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Warren Keuffel=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 5:38 PM Subject: Re: [CANSLIM] IBD Investors Corner EPS ratings. My take on the article was that KKD was going to start opening mini-stores within gas stations, etc. such as the Burger Kings, = Taco Bells and KFCs you find at freeway gas stations. That's a = co-location model that has worked well for the fast food industry and I think = it will work for KKD because it will promote brand identity (which = you don't get at Target) and allow higher margins. I assume that KKD = will still build the bigger stores in high-traffic locations. My (uninformed) $0.02. But I bot a small position in KKD = recently, so... Warren Kent Norman wrote: > If smaller stores were the answer, then why do > executives tout the "economies of scale"? > > Why build stores at all when you can get the product > at Target and many other places? I got some at a > store/gas station. > > Someone is trying to bluff us and I don't buy it! > > Kent Norman > > --- Spencer48@aol.com wrote: > > Bill: > > > > Did you read that? The article says that > > Krispy Kreme is hoping to > > expand their sales by using smaller stores. They > > believe the smaller store > > will add value to the larger (regional) factory > > store in that the smaller > > stores will be able to make the dougnuts more > > efficiently. > > > > Doesn't that seem wrongheaded? The reason > > customers buy "fresh-baked" > > dougnuts is because they are freshly baked. How's > > Krispy going to advertise: > > "We "fresh-bake". Not once, but TWICE." > > > > jans > > > > In a message dated 11/15/2001 12:38:28 PM Eastern > > Standard Time, > > btriffet@earthlink.net writes: > > > > << I forgot to add: in today's New America they > > mentioned Krispy Kreme > > Donuts...(rip). > > >> > > > > - > > -To subscribe/unsubscribe, email > > "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your > email. > > __________________________________________________ > Do You Yahoo!? > Find the one for you at Yahoo! Personals > http://personals.yahoo.com > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_01CC_01C16E71.F2242760 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
DanF,
 
Agreed wholeheartedly on the fiscal = stimulus=20 package. Alas, Congress has returned to its former glory and is = hopelessly=20 locked in bipartisan squabbling and is trying to pork barrel useless = chatter=20 into the bill. I will give them credit for the airline survival package, = spurred=20 to completion with more earnestness since the latest crash. So , all in = all,=20 from a short term perspective, we've got some monies rolling into an = industry=20 that waterfalls down into the economy with particular gusto, and that is = good.=20 In truth, I think the Austrian economists would be pleased with the = other bill's=20 stall, as they find fiscal stimulus, especially poorly executed stimulus = to be=20 detrimental to the economy in the long run. Barring other catastrophic = events,=20 I'd say that we're on the road to recovery. It's just part of the = natural=20 capitalistic business cycle to redirect monies misallocated in the last = cycle.=20 It works itself out if stupid politicians don't muck up the pie. A fancy = way of=20 saying, I believe we're ok here. Notice that cyclicals have started = uptrending,=20 and that economically sensitive commodities like copper and cotton are = showing=20 their face again. While these can be false signals, I'm still giving = them the=20 benefit of the doubt. Don't think the Fed needs to lower. Mr. G's smart = enough=20 to know that there is a happy amount of money needed in circulation for=20 different economic cycles and that he has to be sure not to increase the = money=20 supply so as to create inflationary pressures.
 
It just means that for a = while, our returns on=20 the long side are going to be subdued.
 
Katherine
----- Original Message -----
From:=20 Dan=20 Forant
Sent: Friday, November 16, 2001 = 5:40=20 AM
Subject: Re: [CANSLIM] IBD = Investors=20 Corner EPS ratings.

Tom,
 
As usual you bring substance to a the = conversation. Howerver, the economy is showing signs at this point = because it=20 is pre Holiday Season. The busiest time of the year is just ahead. = What=20 happens after that. We need the President's financial incentive passed = and=20 soon to really get started. It is reported that because of October's = reports=20 the Fed will not lower again.
 
DanF
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Thursday, November 15, = 2001 9:29=20 PM
Subject: Re: [CANSLIM] IBD = Investors=20 Corner EPS ratings.

I helped bring a company public many years ago, = made=20 cinnamon buns and stuff like that. Smelled great, tasted great. = Tried=20 exactly the same concept. Went bankrupt several years later. Labor = costs=20 alone were killing them. Capital equipment costs, rental space, = supervision=20 of many little stores, etc. destroyed any chance at cost efficiency. = Much as=20 I love KKD's glazed hot air right off the rack, I won't buy their=20 stock.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Warren=20 Keuffel
To: canslim@lists.xmission.com= =20
Sent: Thursday, November = 15, 2001=20 5:38 PM
Subject: Re: [CANSLIM] IBD = Investors=20 Corner EPS ratings.

My take on the article was that KKD was going to = start=20 opening
mini-stores within gas stations, etc. such as the = Burger Kings,=20 Taco
Bells and KFCs you find at  freeway gas = stations. =20 That's a co-location
model that has worked well for the fast = food=20 industry and I think it
will work for KKD because it will = promote brand=20 identity (which you
don't get at Target) and allow higher=20 margins.  I assume that KKD will
still build the bigger = stores in=20 high-traffic locations.

My (uninformed) $0.02.  But I = bot a=20 small position in KKD recently,
so...
Warren

Kent = Norman=20 wrote:

> If smaller stores were the answer, then why = do
>=20 executives tout the "economies of scale"?
>
> Why = build stores=20 at all when you can get the product
> at Target and many = other=20 places? I got some at a
> store/gas station.
>
> = Someone=20 is trying to bluff us and I don't buy it!
>
> Kent=20 Norman
>
> --- Spencer48@aol.com = wrote:
> >=20 Bill:
> >
> >      Did = you read=20 that?  The article says that
> > Krispy Kreme is = hoping=20 to
> > expand their sales by using smaller stores. =20 They
> > believe the smaller store
> > will add = value to=20 the larger (regional) factory
> > store in that the=20 smaller
> > stores will be able to make the dougnuts = more
>=20 > efficiently.
> >
> = >     =20 Doesn't that seem wrongheaded?  The reason
> > = customers buy=20 "fresh-baked"
> > dougnuts is because they are freshly=20 baked.  How's
> > Krispy going to advertise:
> = >  "We "fresh-bake".  Not once, but TWICE."
>=20 >
> > jans
> >
> > In a message = dated=20 11/15/2001 12:38:28 PM Eastern
> > Standard Time,
> = > btriffet@earthlink.net=20 writes:
> >
> > << I forgot to add: in = today's New=20 America they
> > mentioned Krispy Kreme
> >=20 Donuts...(rip).
> >   >>
> = >
>=20 > -
> > -To subscribe/unsubscribe, email
> > = "majordomo@xmission.com"
>= ;=20 > -In the email body, write "subscribe canslim" or
> > = -"unsubscribe canslim".  Do not use quotes in your
>=20 email.
>
>=20 __________________________________________________
> Do You=20 Yahoo!?
> Find the one for you at Yahoo! Personals
> = http://personals.yahoo.com
>= ;
>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 -In the email body, write "subscribe canslim" or
> = - -"unsubscribe=20 canslim".  Do not use quotes in your = email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
- ------=_NextPart_000_01CC_01C16E71.F2242760-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 16 Nov 2001 09:19:38 -0500 From: "Andy Johnson" Subject: Re: [CANSLIM] APPB This is a multi-part message in MIME format. - ------=_NextPart_000_005A_01C16E7F.D0FB0BE0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Scott,=20 My impression of the CWH of APPB is that there are a couple of rough = spots in the cup. Namely, the initial drop to 25.98 and then a recovery = to around 30 for 5 weeks seems a bit peculiar. The price action on 10/3 = does not seem to fit the pattern as well. Having said that, I do not think the pattern is "that" bad, and I would = consider it if it did not have a couple of key problems. 1. The quarterly earnings gains have been decreasing for the past three = quarters and sit at a 10% level for the most recent past quarter. I = believe this to be well below CANSLIM criteria. =20 2. The next two yearly earnings forecast are at 12% and 16% (the later = being revised downward). Once again below WON's recommendation. 3. Sales are increasing at a decreasing rate for the last 4 quarters. = The last quarter came in at only a 9% increase. Hope this helps and thanks for bringing this one up, it helps to know = what others are looking at....... Andy - ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 11:50 PM Subject: Re: [CANSLIM] APPB Scott, I am a traditionalist. I expect a cup to look like something I = can drink out of, and set down on a table without it tilting 45 degrees = to one side. The shape is wrong, simply put. It's too ragged, like = someone took a hammer to it. I have noticed its performance lately, along with a number of other = restaurant groups. Gives me one of many indications that the economy, = and consumer spending, is better than most perceive. But it is certainly = not "textbook". Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 11:36 PM Subject: RE: [CANSLIM] APPB what is wrong with it? -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Thursday, November 15, 2001 8:25 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] APPB Scott, I think you are dogearing a few pages of that textbook! = That's a pretty rough looking cup. I have seen many far smoother. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 15, 2001 10:45 PM Subject: [CANSLIM] APPB Is anyone looking at appb. It has a textbook cup and handle = formation, and positive money flow. Its in a leading industry group and has = strond institutional sponsor ship. Just wondering if anyone agrees. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_005A_01C16E7F.D0FB0BE0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Scott,
 
My impression of the CWH of APPB is that there are a = couple of=20 rough spots in the cup.  Namely, the initial drop to 25.98 and then = a=20 recovery to around 30 for 5 weeks seems a bit peculiar.  The price = action=20 on 10/3 does not seem to fit the pattern as well.
 
Having said that, I do not think the pattern is = "that" bad,=20 and I would consider it if it did not have a couple of key=20 problems.
 
1.  The quarterly earnings gains have been = decreasing for=20 the past three quarters and sit at a 10% level for the most recent past=20 quarter.  I believe this to be well below CANSLIM criteria. =20
 
2.  The next two yearly earnings forecast are = at 12% and=20 16% (the later being revised downward).  Once again below WON's=20 recommendation.
 
3.  Sales are increasing at a decreasing = rate for=20 the last 4 quarters.  The last quarter came in at only a 9%=20 increase.
 
Hope this helps and thanks for bringing this one up, = it helps=20 to know what others are looking at.......
 
Andy
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Thursday, November 15, = 2001 11:50=20 PM
Subject: Re: [CANSLIM] = APPB

Scott, I am a traditionalist. I expect a cup to = look like=20 something I can drink out of, and set down on a table without it = tilting 45=20 degrees to one side. The shape is wrong, simply put. It's too ragged, = like=20 someone took a hammer to it.
 
I have noticed its performance lately, along with = a number=20 of other restaurant groups. Gives me one of many indications that the = economy,=20 and consumer spending, is better than most perceive. But it is = certainly not=20 "textbook".
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Thursday, November 15, = 2001 11:36=20 PM
Subject: RE: [CANSLIM] = APPB

what is wrong with it?
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Tom Worley
Sent: Thursday, November 15, = 2001 8:25=20 PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] APPB

Scott, I think you are dogearing a few pages = of that=20 textbook! That's a pretty rough looking cup. I have seen many far=20 smoother.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Scott=20 Gettis
To: canslim@lists.xmission.com= =20
Sent: Thursday, November = 15, 2001=20 10:45 PM
Subject: [CANSLIM] = APPB

Is anyone looking at appb.  It has a = textbook cup=20 and handle formation, and
positive money flow.  Its in a = leading=20 industry group and has strond
institutional sponsor ship. = Just=20 wondering if anyone agrees.


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