From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2380 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 Wednesday, May 1 2002 Volume 02 : Number 2380 In this issue: Re: [CANSLIM] Commonly used references on the list Re: [CANSLIM] USLB Re: [CANSLIM] ISLE Re: [CANSLIM] USLB ---------------------------------------------------------------------- Date: Wed, 1 May 2002 22:40:24 -0400 From: "Parnelli" Subject: Re: [CANSLIM] Commonly used references on the list This is a multi-part message in MIME format. - ------=_NextPart_000_00BA_01C1F161.2F1DFA20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks Katherine...I'm in the game now! =20 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 10:32 PM Subject: [CANSLIM] Commonly used references on the list Commonly used abbreviations: WON =3D William O'Neil, originator of CANSLIM HTMMIS =3D "How to Make Money in Stocks" by William J. O'Neil IBD =3D Investors Business Daily (www.investors.com) BO or B/O =3D Breakout MA =3D Moving Average dMA =3D days Moving Average VR =3D Virtual Reality fund M =3D Market ( the "M" in CANSLIM) N =3D New (the "N" in CANSLIM) LOL =3D Laughing Out Loud DD=3D Due Diligence IBD/CANSLIM Proprietary Rankings: GRS =3D Group Relative Strength RS =3D Relative Strength EPS =3D Earnings per Share Rank SMR =3D Sales/Margins/ROE A/D =3D Accumulation/Distribution Accounting/Finance Abbreviations: BS or B/S =3D Balance Sheet IS or I/S =3D Income Statement cflo =3D Cash Flow Pro Forma earnings =3D = http://www.sec.gov/investor/pubs/proforma12-4.htm D/E =3D Debt to Equity PE or P/E =3D Price to Earnings ratio Commonly discussed technical patterns: LLUR =3D Lower Left Upper Right -- essentially a stock in an uptrend = that moves within a tight channel (this is *not* a base) A Base =3D Ascending Base C&H or CwH =3D Cup and Handle=20 HTF =3D High Tight Flag Flat Base Double Bottoms Commonly discussed software/tools: DGO=3D DailyGraphs Online ( www.dailygraphs.com) QP2 =3D Quotes Plus (www.qp2.com) HGSI =3D High Growth Stock Investing (www.highgrowthstock.com) TC2000 =3D Worden Brothers TC2000 technical analysis software = (http://www.tc2000.com) VV=3D VectorVest (www.vectorvest.com) Favorite free sites for stock scanning: http://moneycentral.msn.com/investor/finder/predefstocks.asp Favorite free sites for charting: www.stockcharts.com www.bigcharts.com = http://www.moneycentral.msn.com/investor/charts/charting.asp?Symbol=3Dcsc= o Favorite free sites for due diligence: Company's web site http://biz.yahoo.com/p/c/csco.html - ------=_NextPart_000_00BA_01C1F161.2F1DFA20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks Katherine...I'm in the game=20 now!   
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com=
Sent: Wednesday, May 01, 2002 = 10:32=20 PM
Subject: [CANSLIM] Commonly = used=20 references on the list

Commonly used abbreviations:
WON =3D William O'Neil, originator of CANSLIM
HTMMIS =3D "How to Make Money in Stocks" by William J. = O'Neil
IBD =3D Investors Business Daily  (www.investors.com)
BO or B/O =3D Breakout
MA =3D Moving Average
dMA =3D days Moving Average
VR =3D Virtual Reality fund
M =3D Market ( the "M" in CANSLIM)
N =3D New (the "N" in CANSLIM)
LOL =3D Laughing Out Loud
DD=3D Due Diligence
 
IBD/CANSLIM Proprietary Rankings:
GRS =3D Group Relative Strength
RS =3D Relative Strength
EPS =3D Earnings per Share Rank
SMR =3D Sales/Margins/ROE
A/D =3D Accumulation/Distribution
 
Accounting/Finance Abbreviations:
BS or B/S =3D Balance Sheet
IS or I/S =3D Income Statement
cflo =3D Cash Flow
Pro Forma earnings =3D http://www.sec= .gov/investor/pubs/proforma12-4.htm
D/E =3D Debt to Equity
PE or P/E =3D Price to Earnings ratio
 
Commonly discussed technical patterns:
LLUR =3D Lower Left Upper Right -- essentially a stock in an = uptrend=20 that moves within a tight channel (this is *not* a base)
A Base =3D Ascending Base
C&H or CwH =3D Cup and Handle
HTF =3D High Tight Flag
Flat Base
Double Bottoms
 
Commonly discussed software/tools:
DGO=3D DailyGraphs Online  ( www.dailygraphs.com)
QP2 =3D Quotes Plus (www.qp2.com)
HGSI =3D High Growth Stock Investing (www.highgrowthstock.com)
TC2000 =3D  Worden Brothers TC2000 technical analysis = software (http://www.tc2000.com)
VV=3D VectorVest (www.vectorvest.com)
 
Favorite free sites for stock scanning:
htt= p://moneycentral.msn.com/investor/finder/predefstocks.asp
 
Favorite free sites for charting:
http://www.moneycentral.msn.com/investor/charts/charting.asp?S= ymbol=3Dcsco
 
Favorite free sites for due diligence:
Company's web site
http://biz.yahoo.com/p/c/csco= .html
- ------=_NextPart_000_00BA_01C1F161.2F1DFA20-- - - - -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: Wed, 1 May 2002 22:41:53 -0400 From: "Parnelli" Subject: Re: [CANSLIM] USLB This is a multi-part message in MIME format. - ------=_NextPart_000_00C7_01C1F161.63C28A20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I owe you...if you're ever in Cincinnati, dinner is on me!!! ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 10:36 PM Subject: Re: [CANSLIM] USLB Hi Parnelli, The best way to identify pivot points is to practice, practice, = practice reading charts. Any charting tool that shows price/volume = action will allow you to identify the technical pattern and "ideal" = entry point. A good place to start is at the IBD site itself: http://www.investors.com/learn/b09.asp You can chart for free at www.bigcharts.com, www.stockcharts.com etc. There are services that will identify the pivot points, but they = charge for the convenience. Katherine ----- Original Message -----=20 From: Parnelli=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 8:53 PM Subject: Re: [CANSLIM] USLB You're definitely right Katherine about experience being the best = teacher. I have two stupid questions (intended to get me up to speed so = I can contribute to the board), what is WON and is there a tool that can = help me find the pivot point? I really do appreciate your help!!! = - -Parnelli ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 9:46 PM Subject: Re: [CANSLIM] USLB Youch....well, you've probably learned the second most important = rule in CANSLIM.....don't buy extended stocks. If you purchased at = $16.25, support was a long way away. The pivot on this one was $11.55. = The gap on the open 3/25 meant that your best entry would have been = around $12.04. That means it was (16.25-12.04)/12.04 =3D 35% extended on = purchase. You can see why this is a critical technical guideline. WON = says about 40% of stocks will pullback to their pivot before moving on. = If you find a good stock but miss the valid breakout, WAIT and see if = you can get a second chance entry or wait until it consolidates again = and breaks out before jumping in. Buying an extended stock is a little = like bungee jumping without a rope. One of the most critical (and most = difficult) skills required in CANSLIM investing is patience. See a marked chart at = http://WallStreet-LLC.com/canslim/USLB050102.jpg Oh yes...welcome to the list! Katherine PS...one of the best ways to really "get" a CANSLIM rule is to = experience it first hand. Been there, done that, that's why I remember = it myself! ----- Original Message -----=20 From: Parnelli=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 7:53 PM Subject: Re: [CANSLIM] USLB Thanks Katherine...unfortunately I bought it a week before = earnings at $16.25 and then it started tanking. Then when their numbers = came out (I thought they were excellent), but apparently I was the only = one who felt that way-ouch! Oh well, all part of the learning curve. I = still think it looks like a good company and I've considered averaging = down, however, O'neil is not a big fan of that move. Obviously, I = should have kept my loss from exceeding 8%...but I'm learning. Thanks, = Parnelli ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 8:44 PM Subject: Re: [CANSLIM] USLB Hi Parnelli, When did you buy? If you bought on the breakout 3/25 then you = shouldn't have been "slammed" as the big downward action 4/23-4/25 is = most likely market driven. A good buy would have allowed you to weather = the action and see if it held above the pivot and the 50dMA, which it's = done, showing very good support 4/29 with high volume and an upward = tail. Katherine ----- Original Message -----=20 From: Parnelli=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 7:39 PM Subject: [CANSLIM] USLB Hi Board, I'm a new "canslimer" and thought I was an IBD guru until I = bought USLB and it slammed me. I know I missed on the "M", but for the = life of me I can't see any other problems. If any experienced folks = follow this stock and can give me their two cents worth I'd be very = appreciative. Many thanks, Parnelli =20 - ------=_NextPart_000_00C7_01C1F161.63C28A20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I owe you...if you're ever in Cincinnati, dinner is = on=20 me!!!
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com=
Sent: Wednesday, May 01, 2002 = 10:36=20 PM
Subject: Re: [CANSLIM] = USLB

Hi Parnelli,
 
The best way to identify pivot points is to practice, practice, = practice=20 reading charts. Any charting tool that shows price/volume action will = allow=20 you to identify the technical pattern and "ideal" entry point.
 
A good place to start is at the IBD site itself:
http://www.investors.com/= learn/b09.asp
 
You can chart for free at www.bigcharts.com, www.stockcharts.com etc.
 
There are services that will identify the pivot points, but they = charge=20 for the convenience.
 
Katherine
----- Original Message -----
From:=20 Parnelli
To: canslim@lists.xmission.com= =20
Sent: Wednesday, May 01, 2002 = 8:53=20 PM
Subject: Re: [CANSLIM] = USLB

You're definitely right Katherine about = experience=20 being the best teacher.  I have two stupid questions (intended = to get=20 me up to speed so I can contribute to the board), what is WON and is = there a=20 tool that can help me find the pivot point?  I really do = appreciate=20 your help!!! -Parnelli
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Wednesday, May 01, = 2002 9:46=20 PM
Subject: Re: [CANSLIM] = USLB

Youch....well, you've probably learned the second most = important rule=20 in CANSLIM.....don't buy extended stocks. If you = purchased at=20 $16.25, support was a long way away. The pivot on this one was = $11.55. The=20 gap on the open 3/25 meant that your best entry would have been = around=20 $12.04. That means it was (16.25-12.04)/12.04 =3D 35%=20 extended on purchase. You can see why this is a = critical=20 technical guideline. WON says about 40% of stocks will pullback to = their=20 pivot before moving on. If you find a good stock but miss the = valid=20 breakout, WAIT and see if you can get a second chance entry or = wait until=20 it consolidates again and breaks out before jumping in. Buying an = extended=20 stock is a little like bungee jumping without a rope. One of the = most=20 critical (and most difficult) skills required in CANSLIM investing = is=20 patience.
 
See a marked chart at http://WallStre= et-LLC.com/canslim/USLB050102.jpg
 
Oh yes...welcome to the list!
 
Katherine
 
PS...one of the best ways to really "get" = a CANSLIM rule is=20 to experience it first hand. Been there, done that, that's why I = remember=20 it myself!
----- Original Message ----- =
From:=20 Parnelli
To: canslim@lists.xmission.com= =20
Sent: Wednesday, May 01, = 2002 7:53=20 PM
Subject: Re: [CANSLIM] = USLB

Thanks Katherine...unfortunately I bought it = a week=20 before earnings at $16.25 and then it started tanking.  = Then when=20 their numbers came out (I thought they were excellent), but = apparently I=20 was the only one who felt that way-ouch!  Oh well, all part = of the=20 learning curve.  I still think it looks like a good company = and=20 I've considered averaging down, however, O'neil is not a big fan = of that=20 move.  Obviously, I should have kept my loss from exceeding = 8%...but I'm learning.  Thanks, Parnelli
----- Original Message ----- =
From:=20 Katherine Malm
To: canslim@lists.xmission.com= =20
Sent: Wednesday, May = 01, 2002=20 8:44 PM
Subject: Re: [CANSLIM] = USLB

Hi Parnelli,
 
When did you buy? If you bought on the breakout 3/25 then = you=20 shouldn't have been "slammed" as the big downward action=20 4/23-4/25 is most likely market driven. A good buy would = have=20 allowed you to weather the action and see if it held above the = pivot=20 and the 50dMA, which it's done, showing very good support 4/29 = with=20 high volume and an upward tail.
 
Katherine
----- Original Message ----- =
From:=20 Parnelli=20
To: canslim@lists.xmission.com= =20
Sent: Wednesday, May = 01, 2002=20 7:39 PM
Subject: [CANSLIM] = USLB

Hi Board,
 
I'm a new "canslimer" and thought I was = an IBD=20 guru until I bought USLB and it slammed me.  I know I = missed on=20 the "M", but for the life of me I can't see any other=20 problems.  If any experienced folks follow this stock = and can=20 give me their two cents worth I'd be very = appreciative.  Many=20 thanks,=20 = Parnelli    
- ------=_NextPart_000_00C7_01C1F161.63C28A20-- - - - -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: Wed, 1 May 2002 20:11:41 -0700 From: "Marty" Subject: Re: [CANSLIM] ISLE This is a multi-part message in MIME format. - ------=_NextPart_000_0078_01C1F14C.6850D160 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable What services do you use at DGO?=20 Daily Graphs online Custom Screen Wizard Industry Groups The first time I went to the sight the prices scared me away, but I keep = going back to it (hoping for a price break I guess) and may try there 1 = week special. I been finding myself in front of the computer after work = every day looking for good fundamental companies, studying charts and = realizing I do not want to do this all the time. Right now I'm really = interested in learning, but sure would like to make it easier. Does DGO = help in that respect?=20 =20 So in your opinion is $1000 a year worth it to find good candidates? As = long as I can make it up with good picks I would have to say yes. I = suppose I could try it by monthly and see how it works. Marty ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 7:04 PM Subject: Re: [CANSLIM] ISLE I no longer do the due diligence to the level I used to do. I find the = data presentation at DGO to be sufficient for much of my reviews, and = process of elimination. Noteworthy is that DGO's staff eliminates = non-recurring gains and losses, so what you see is what is likely to = continue. Much different from many sites where they show the overall net = earnings without regard to this. Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message -----=20 From: Marty=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 9:53 PM Subject: Re: [CANSLIM] ISLE Thanks for the input. What source do you use to find earnings ect? It sure would be nice to have one site with all the info you wanted at = your finger tips at a click of a button. Marty ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 5:03 PM Subject: Re: [CANSLIM] ISLE Hi Marty, I had this one in my VR Fund, and sold it too soon, but still a nice = profit. My reasons for selling at the time were several. First, revenues looked to me like they were beginning to stagnate. With one quarter to go, appears they need to earn 50 cents to make = the forecast for full year. That looks like a stretch. debt is reported as extremely high (613%) growth for the new year (which just started today) is for a further = 20% growth, I like a bigger figure huge gap between cash flow ($3.43) and earnings, which I didn't care = to take the time to investigate Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message -----=20 From: Marty=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 7:23 PM Subject: [CANSLIM] ISLE I'm new to this and would like some opions on this stock. What I really like is the graph. It looks like a 19 day base thats = is sloping down with light volume. If volume pick up would a pp of 21.79 = be correct? I also like the general slope of the graph UP! Ranked top (#1) of the Leisure Gaming=20 EPS 97 =20 RS 97 Ind Group A+ ROE 18.2% Outstanding Shares 31.5 mil PE 19.5 =20 Any Thoughts Thanks Marty =20 =20 =20 - ------=_NextPart_000_0078_01C1F14C.6850D160 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
What services do you use at DGO? =
Daily Graphs online
Custom Screen Wizard
Industry Groups
 

The first time I went to = the sight=20 the prices scared me away, but I keep going back to it (hoping for = a price=20 break I guess) and may try there 1 week special. I been finding = myself in=20 front of the computer after work every day looking for good fundamental=20 companies, studying charts  and realizing I do not want to do = this all=20 the time. Right now I'm really interested in learning, but sure = would like=20 to make it easier. Does DGO help in that = respect? 

 

So=20 in your opinion is $1000 a year worth it to find good candidates? = As long=20 as I can make it up with good picks I would have to say yes. I = suppose=20 I could try it by monthly and see how it works.
 
Marty
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, May 01, 2002 = 7:04=20 PM
Subject: Re: [CANSLIM] = ISLE

I no longer do the due diligence to the level = I used to=20 do. I find the data presentation at DGO to be sufficient for much of = my=20 reviews, and process of elimination. Noteworthy is that DGO's staff = eliminates=20 non-recurring gains and losses, so what you see is what is likely to = continue.=20 Much different from many sites where they show the overall net = earnings=20 without regard to this.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Marty=20
Sent: Wednesday, May 01, 2002 9:53 PM
Subject: Re: [CANSLIM] ISLE

Thanks for the input.
 
What source do you use to find = earnings=20 ect?
 
It sure would be nice to have one = site with all=20 the info you wanted at your finger tips at a click of a = button.
 
Marty
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, May 01, 2002 = 5:03=20 PM
Subject: Re: [CANSLIM] = ISLE

Hi Marty,
 
I had this one in my VR Fund, and sold it = too soon,=20 but still a nice profit. My reasons for selling at the time were=20 several.
 
First, revenues looked to me like they were = beginning=20 to stagnate.
 
With one quarter to go, appears they need to = earn 50=20 cents to make the forecast for full year. That looks like a=20 stretch.
 
debt is reported as extremely high = (613%)
 
growth for the new year (which just started = today) is=20 for a further 20% growth, I like a bigger figure
 
huge gap between cash flow ($3.43) and = earnings, which=20 I didn't care to take the time to investigate
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: = Marty=20
Sent: Wednesday, May 01, 2002 7:23 PM
Subject: [CANSLIM] ISLE

I'm new to this and would like some = opions on=20 this stock.
 
What I really like is the graph. It = looks like=20 a 19 day base thats is sloping down with light volume. If volume = pick up=20 would a pp of 21.79 be correct?
I also like the general slope of = the graph=20 UP!
 
Ranked top (#1) of the Leisure = Gaming=20
EPS 97    =    =20
RS 97
Ind Group A+
ROE 18.2%
Outstanding Shares 31.5 = mil
PE 19.5

Any Thoughts
 
Thanks
 
Marty 
  
- ------=_NextPart_000_0078_01C1F14C.6850D160-- - - - -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: Wed, 1 May 2002 21:37:09 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] USLB This is a multi-part message in MIME format. - ------=_NextPart_000_027E_01C1F158.58B02740 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I subscribe to DGO (Daily Graphs Online, a WON product) which condenses = a lot of information into two pages of charts with fundies data. As a reminder to members, and since one member indicated the discount = still is available, annual cost may still be possible to reduce from = over $700 to the low $500 level by subscribing to a single book a month = of the DG books. Worth investigating. And for those who have never tried = DGO, taking the trial version is cheap for a brief test. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message -----=20 From: Parnelli=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 9:22 PM Subject: Re: [CANSLIM] USLB Excellent points Tom...and you were correct that margins and insider = selling were concerns. So much that they were both addressed in the = conference call. Mgt indicated in the call that they were working on = margins and that the insider selling were people selling options and = reinvesting back into the company. =20 If you'd be so kind, where do you look to get that info so quickly so = that I can start looking for better candidates? Many thanks!!! =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 9:14 PM Subject: Re: [CANSLIM] USLB as a comment, one thing I always look at, which WON doesn't talk = about, is the sequential sales and earnings. Most people tend to focus = on year to year comparisons, which I also look at, but I place greater = weight on sequential comparisons. When I look at this one, I see earnings for past 4 qtrs are up, down, = up, down. However, sales are consistently up all four qtrs. That tells = me they may be having a problem with profit margins that I would want to = investigate. I also note that cash flow is lower than earnings, which should be = investigated. Additionally, management owns 70%, so I would check and = see if they have been selling, might explain part of the drop. Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message -----=20 From: Parnelli=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 8:56 PM Subject: Re: [CANSLIM] USLB Thanks Tom, glad to be aboard!!! As I was telling Katherine, I still = have it ($26.25). I bought it for a quick trade thinking "I was the = man" cause I was successful with USPH and OPTN...I thought I had figured = out the system. Very humbled...Thanks again for the welcoming! ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 8:46 PM Subject: Re: [CANSLIM] USLB Welcome to the group,=20 when did you buy it, what price, did you stop out of it or do you = still have it how about why you bought it, and was it for short, intermediate or = long term Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message -----=20 From: Parnelli=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 8:39 PM Subject: [CANSLIM] USLB Hi Board, I'm a new "canslimer" and thought I was an IBD guru until I bought = USLB and it slammed me. I know I missed on the "M", but for the life of = me I can't see any other problems. If any experienced folks follow this = stock and can give me their two cents worth I'd be very appreciative. = Many thanks, Parnelli =20 - ------=_NextPart_000_027E_01C1F158.58B02740 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I subscribe to DGO (Daily Graphs Online, a WON = product)=20 which condenses a lot of information into two pages of charts with = fundies=20 data.
 
As a reminder to members, and since one member = indicated=20 the discount still is available, annual cost may still be possible to = reduce=20 from over $700 to the low $500 level by subscribing to a single book a = month of=20 the DG books. Worth investigating. And for those who have never tried = DGO,=20 taking the trial version is cheap for a brief test.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Parnelli =
Sent: Wednesday, May 01, 2002 9:22 PM
Subject: Re: [CANSLIM] USLB

Excellent points Tom...and you were correct that = margins and=20 insider selling were concerns.  So much that they were both = addressed in=20 the conference call.  Mgt indicated in the call that they were = working on=20 margins and that the insider selling were people selling options and = reinvesting=20 back into the company.  
 
If you'd be so kind, where do you look to get that = info so=20 quickly so that I can start looking for better candidates?
 
Many thanks!!!   
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, May 01, 2002 = 9:14=20 PM
Subject: Re: [CANSLIM] = USLB

as a comment, one thing I always look at, = which WON=20 doesn't talk about, is the sequential sales and earnings. Most people = tend to=20 focus on year to year comparisons, which I also look at, but I place = greater=20 weight on sequential comparisons.
 
When I look at this one, I see earnings for = past 4 qtrs=20 are up, down, up, down. However, sales are consistently up all four = qtrs. That=20 tells me they may be having a problem with profit margins that I would = want to=20 investigate.
 
I also note that cash flow is lower than = earnings, which=20 should be investigated. Additionally, management owns 70%, so I would = check=20 and see if they have been selling, might explain part of the=20 drop.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Parnelli =
Sent: Wednesday, May 01, 2002 8:56 PM
Subject: Re: [CANSLIM] USLB

Thanks Tom, glad to be aboard!!!  As I was = telling=20 Katherine, I still have it ($26.25).  I bought it for a quick = trade=20 thinking "I was the man" cause I was successful with USPH and OPTN...I = thought=20 I had figured out the system.  Very humbled...Thanks again for = the=20 welcoming!
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, May 01, 2002 = 8:46=20 PM
Subject: Re: [CANSLIM] = USLB

Welcome to the group,
 
when did you buy it, what price, did you = stop out of=20 it or do you still have it
 
how about why you bought it, and was it for = short,=20 intermediate or long term
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: = Parnelli =
Sent: Wednesday, May 01, 2002 8:39 PM
Subject: [CANSLIM] USLB

Hi Board,
 
I'm a new "canslimer" and thought I was an IBD = guru until=20 I bought USLB and it slammed me.  I know I missed on the "M", = but for=20 the life of me I can't see any other problems.  If any = experienced=20 folks follow this stock and can give me their two cents worth I'd be = very=20 appreciative.  Many thanks,=20 = Parnelli    
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