From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2440 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 Monday, May 20 2002 Volume 02 : Number 2440 In this issue: [CANSLIM] HOTT Re: [CANSLIM] HOTT Re: [CANSLIM] ATPX graph question Re: [CANSLIM] HOTT Re: [CANSLIM] HOTT [CANSLIM] take me off your list RE: [CANSLIM] HOTT [CANSLIM] Fw: which version is more current? [T20020518006V] Re: [CANSLIM] ATPX graph question [CANSLIM] HOTT Re: [CANSLIM] HOTT Re: [CANSLIM] HOTT ---------------------------------------------------------------------- Date: Mon, 20 May 2002 11:43:23 -0400 From: "Winston Little" Subject: [CANSLIM] HOTT This is a multi-part message in MIME format. - ------=_NextPart_000_007E_01C1FFF3.8C2D4F40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Duke: Total of 167 institutions own 37 million shares. Some of these are "insider owners". Outstanding shares total 31.5 million shares. Institutional ownership =3D 99.9%. Top owners were: Institution Name Shs Held Shs Chg =20 Zurich Scudder Investments 1,368,539 -175,411 =20 John Mcstay Investment Counsel 1,349,960 25,947 =20 Credit Suisse Asset Mgmt Llc 1,247,900 1,120,700 = =20 Winslow Capital Mgmt 998,250 6,600 =20 Liberty Wanger Asset Mgmt Lp 981,500 477,500 =20 Chartwell Investment Partners 978,433 28,220 =20 Loomis Sayles 959,425 328,600 =20 Wellington Mgmt 916,085 36,500 =20 Lone Pine Capital Llc 910,349 -300,001 =20 Morgan Stanley Investment Advisors Inc. 835,264 167,764 =20 =20 Fidelity Mgmt & Research Co 822,750 354,390 =20 Merrill Lynch Investment Managers/fund Asset Mgmt 806,931 450,477 = =20 Wall Street Associates 726,352 -3,500 =20 Us Bancorp Asset Mgmt 725,605 -91,925 =20 Wachovia Asset Mgmt 716,748 272,095 =20 - ------=_NextPart_000_007E_01C1FFF3.8C2D4F40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Duke:
 
Total of 167 institutions own 37 million = shares.
Some of these are "insider owners".
Outstanding shares total 31.5  million=20 shares.
Institutional ownership =3D 99.9%.
 
Top owners were:
 
 
Institution Name   Shs Held   Shs Chg          
Zurich Scudder Investments 1,368,539 -175,411
John Mcstay Investment = Counsel 1,349,960 25,947
Credit Suisse Asset Mgmt = Llc 1,247,900 1,120,700    =20        
Winslow Capital Mgmt 998,250 6,600
Liberty Wanger Asset Mgmt = Lp 981,500 477,500
Chartwell Investment = Partners 978,433 28,220
Loomis Sayles 959,425 328,600
Wellington Mgmt 916,085 36,500
Lone Pine Capital Llc 910,349 -300,001
Morgan Stanley Investment = Advisors=20 Inc. 835,264 167,764
 
 
 
Fidelity Mgmt & Research = Co 822,750 354,390
Merrill Lynch Investment = Managers/fund=20 Asset Mgmt 806,931 450,477
Wall Street Associates 726,352 -3,500
Us Bancorp Asset Mgmt 725,605 -91,925
Wachovia Asset Mgmt 716,748 272,095
 
 
- ------=_NextPart_000_007E_01C1FFF3.8C2D4F40-- - - - -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: Mon, 20 May 2002 12:09:08 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] HOTT Duke: As Tom explained it to me awhile ago, management ownership is a percentage of the the Stock Outstanding; institutional ownership is a percentage of the Float. Also, Mona is correct. According to DGO the funds own 37% of the stock's float. I suppose the site which displayed 99% institutional ownership defines "institutional ownership" as different from DGO's "funds". jans In a message dated 5/20/2002 10:54:36 AM Eastern Daylight Time, dukemill@tampabay.rr.com writes: << I got problems with a few things. Institutional ownership: How can it be 99%? I got problems with management ownership: How can it be 4.2% if Institutional is 99%? >> - - - -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: Mon, 20 May 2002 12:53:02 EDT From: Davellil5@aol.com Subject: Re: [CANSLIM] ATPX graph question Nothing goes along without change indefinitely, especially stock prices. A flat base means that the stock will eventually break upward -- or downward. To determine which is more likely, check the fundamentals. I like to see a much longer flat base than 11 days -- even if it breaks upward. Let's see what some of the others say. Regards, Dave - - - -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: 20 May 2002 09:26:29 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] HOTT I shop at HOTT ;) On my buy list too. At 10:54 AM 5/20/2002 -0400, you wrote: >I'm warming up to this market, and I'm considering HOTT (No pun intended, >Katherine, I promise. This is for real. I'm thinking of buying.) > >On my own screen this stock merits 29 out of a total 34 points. > >RS 73 >EPS 95 >ROE 21% >Debt 0 >Acc/Dis B+ >SMR A >IBD Overall A+ > >I'm seeing that it broke out (weekly chart) of a 52-week base last week >and during that time the ratio of up weeks on high volume to down weeks is >a healthy 2.2. > >I got problems with a few things. Institutional ownership: How can it be >99%? I got problems with management ownership: How can it be 4.2% if >Institutional is 99%? > >Their growth (physical, not fiscal) prospects look great: 70 new stores >next year. Their target market is growing: Kids of boomers (Need I say more?) > >Your input will be most valued. > >Thanks. > >Duke > >Everybody should believe in something - I believe I'll have another glass >of great wine! > Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------ Date: Mon, 20 May 2002 14:01:24 EDT From: Chazmoore@aol.com Subject: Re: [CANSLIM] HOTT - --part1_9f.277738d2.2a1a93f4_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Duke: Not to be a wet blanket but HOTT started FY 2003 in January. The estimated EPS for 2003 is $1.04 and this times the current P/E of 29 develops a target stock price of about $30.00 next January. If the P/E expands to the five year high of 34, then the target becomes about $35.00. While targets are certainly not fixed, the current price of about $26.00 doesn't give much room to grow. I would be concerned about a valuation downgrade from some analyst. Hope I am wrong. Charley - --part1_9f.277738d2.2a1a93f4_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Duke: Not to be a wet blanket but HOTT started FY 2003 in January. The estimated EPS for 2003 is $1.04 and this times the current P/E of 29 develops a target stock price of about $30.00 next January. If the P/E expands to the five year high of 34, then the target becomes about $35.00.

While targets are certainly not fixed, the current price of about $26.00 doesn't give much room to grow. I would be concerned about a valuation downgrade from some analyst.

Hope I am wrong. Charley - --part1_9f.277738d2.2a1a93f4_boundary-- - - - -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: Mon, 20 May 2002 11:14:12 -0700 From: "Escrow" Subject: [CANSLIM] take me off your list This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01C1FFEF.788DA560 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, May 20, 2002 11:01 AM Subject: Re: [CANSLIM] HOTT Duke: Not to be a wet blanket but HOTT started FY 2003 in January. The = estimated EPS for 2003 is $1.04 and this times the current P/E of 29 = develops a target stock price of about $30.00 next January. If the P/E = expands to the five year high of 34, then the target becomes about = $35.00.=20 While targets are certainly not fixed, the current price of about = $26.00 doesn't give much room to grow. I would be concerned about a = valuation downgrade from some analyst.=20 Hope I am wrong. Charley=20 - ------=_NextPart_000_0006_01C1FFEF.788DA560 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
 
----- Original Message -----
From:=20 Chazmoore@aol.com
Sent: Monday, May 20, 2002 = 11:01 AM
Subject: Re: [CANSLIM] = HOTT

Duke: Not = to be a wet=20 blanket but HOTT started FY 2003 in January. The estimated EPS for = 2003 is=20 $1.04 and this times the current P/E of 29 develops a target stock = price of=20 about $30.00 next January. If the P/E expands to the five year high of = 34,=20 then the target becomes about $35.00.

While targets are = certainly not=20 fixed, the current price of about $26.00 doesn't give much room to = grow. I=20 would be concerned about a valuation downgrade from some analyst. =

Hope=20 I am wrong. Charley - ------=_NextPart_000_0006_01C1FFEF.788DA560-- - - - -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: Mon, 20 May 2002 16:39:31 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] HOTT This is a multi-part message in MIME format. - ------=_NextPart_000_001E_01C2001C.EA9039C0 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Mona (Got my data from MSN), Winston, Ernie(Please be wrong), Jans, Tim(You really shop there?), and Charley(Hope you're wrong, too): Thanks for the input. Took an abbreviated position today. Held up well considering the market. Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Chazmoore@aol.com Sent: Monday, May 20, 2002 2:01 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] HOTT Duke: Not to be a wet blanket but HOTT started FY 2003 in January. The estimated EPS for 2003 is $1.04 and this times the current P/E of 29 develops a target stock price of about $30.00 next January. If the P/E expands to the five year high of 34, then the target becomes about $35.00. While targets are certainly not fixed, the current price of about $26.00 doesn't give much room to grow. I would be concerned about a valuation downgrade from some analyst. Hope I am wrong. Charley - ------=_NextPart_000_001E_01C2001C.EA9039C0 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Message
Mona (Got my = data from=20 MSN), Winston, Ernie(Please be wrong), Jans, Tim(You really shop=20 there?), and Charley(Hope you're wrong, too):
 
Thanks for the=20 input.  Took an abbreviated = position=20 today.  Held up well considering the market.
 
Duke
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Chazmoore@aol.com
Sent: Monday, May 20, = 2002=20 2:01 PM
To: canslim@lists.xmission.com
Subject: = Re:=20 [CANSLIM] HOTT

Duke: Not to be a wet blanket but HOTT started FY 2003 in = January. The=20 estimated EPS for 2003 is $1.04 and this times the current P/E of 29 = develops=20 a target stock price of about $30.00 next January. If the P/E expands = to the=20 five year high of 34, then the target becomes about $35.00. =

While=20 targets are certainly not fixed, the current price of about $26.00 = doesn't=20 give much room to grow. I would be concerned about a valuation = downgrade from=20 some analyst.

Hope I am wrong. Charley=20
- ------=_NextPart_000_001E_01C2001C.EA9039C0-- - - - -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: Mon, 20 May 2002 18:55:34 -0400 From: "Tom Worley" Subject: [CANSLIM] Fw: which version is more current? [T20020518006V] more details from DGO on when they update data. - ----- Original Message ----- From: To: Sent: Monday, May 20, 2002 10:56 AM Subject: RE: which version is more current? [T20020518006V] Hello Tom, Thank you for the email. The estimate data on the new version of Daily Graphs is updated once a week on Thursdays. The Denotation Marks are important to keep in mind. ESTIMATE REVISION - Indicates earnings estimates were revised last week and were above (green triangle) or below (red triangle) our previously published consensus earnings estimate. The green triangles for ANFI mean both estimates were recently revised upward. The estimate data in old DGO could potentially update 5 days a week, Tues - Sat. The old version estimate data would update between 11:00p and 11:59p. I cannot explain how the data would have changed during the time you indicate. The estimate data is stable in the new version over the weekend, from about 4a Pac on Sat to Tues 4a Pac. Please email us again if we can help in any way. Sincerely, Paul Daily Graphs Online - -----Original Message----- Subject: which version is more current? [T20020518006VZ1196136] Sender: stkguru@bellsouth.net Tracking Number: T20020518006VZ1196136 Pool: Daily Graphs Online Sent to: "DGOnline Customer Service" Date: 5/18/02 5:53 AM One member of my discussion group questioned the correctness of my comment on earnings forecasts for ANFI. Turns out he was using the new version, I was still using Version 4.0. I checked the chart again, having had DGO open since 6 AM this morning. Saw the same data I had seen last night. On a hunch, I closed DGO and launched it again, and got the data already being displayed at the new version from the web site. Questions: which version is being updated first? I had always assumed that by Saturday morning, the data was stable and set for the weekend. Obviously this is not so, and an update was made in just the past 3 hours. Is this an exception, or is data changing throughout the weekend? Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -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: Mon, 20 May 2002 19:00:19 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] ATPX graph question Dave, as I posted last night, there is a cash offer in place for $33.50 a share, that's why you have both the big gap up, followed by the absolutely flat line base, both characteristic of a cash buyout. - ----- Original Message ----- From: To: Sent: Monday, May 20, 2002 12:53 PM Subject: Re: [CANSLIM] ATPX graph question Nothing goes along without change indefinitely, especially stock prices. A flat base means that the stock will eventually break upward -- or downward. To determine which is more likely, check the fundamentals. I like to see a much longer flat base than 11 days -- even if it breaks upward. Let's see what some of the others say. Regards, Dave - - - -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: Mon, 20 May 2002 19:27:03 EDT From: Chazmoore@aol.com Subject: [CANSLIM] HOTT - --part1_102.156aedc3.2a1ae047_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit I believe it was Duke who brought up HOTT as a possible purchase. I commented that I thought the valuation was on the high side. Tonight I read the following which was in the 2020Insight Market Wrap from the GLB Group. "Valuations of small/mid cap retailers were depressed by 1999-2000 tech bubble as investor dollars were channeled into small/mid cap tech tocks instead of small/mid cap retailers even though retailing earnings were strong. Valuations have not fully recovered from this unusual pressure. The implications of this thesis are: 1. Comparison of relative valuation over the past three to five year periods may lead analysts to mistakenly believe that the stocks are fully priced when, in fact, valuations are headed higher, back to the pre-bubble levels of the mid 1990's. 2. The combination of rising valuations, strong underlying growth and margin improvement as the economy recovers should make small/mid cap retailers a standout group in the market this year." Go for it Duke. Charley - --part1_102.156aedc3.2a1ae047_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit I believe it was Duke who brought up HOTT as a possible purchase. I commented that I thought the valuation was on the high side. Tonight I read the following which was in the 2020Insight Market Wrap from the GLB Group.

"Valuations of small/mid cap retailers were depressed by 1999-2000 tech bubble as investor dollars were channeled into small/mid cap tech tocks instead of small/mid cap retailers even though retailing earnings were strong.  Valuations have not fully recovered from this unusual pressure.  The implications of this thesis are: 1. Comparison of relative valuation over the past three to five year periods may lead analysts to mistakenly believe that the stocks are fully priced when, in fact, valuations are headed higher, back to the pre-bubble levels of the mid 1990's. 2. The combination of rising valuations, strong underlying growth and margin improvement as the economy recovers should make small/mid cap retailers a standout group in the market this year."

Go for it Duke.

Charley
- --part1_102.156aedc3.2a1ae047_boundary-- - - - -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: Mon, 20 May 2002 19:47:02 -0400 From: John Lessnau Subject: Re: [CANSLIM] HOTT This is a multi-part message in MIME format. - --Boundary_(ID_7JkjHKbN5UdeWa8kPh0Kxw) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT MessageDuke, Good luck on HOTT. Don't fret, I have yet to see a stock get positive reviews on this list. If the fundies are perfect its sure to be over valued, if the price is right there is sure to be a problem with the fundies. And if both those are good the chart will have problems. It gets depressing being a CANSLIMer sometime. jl ----- Original Message ----- From: Duke Miller To: canslim@lists.xmission.com Sent: Monday, May 20, 2002 4:39 PM Subject: RE: [CANSLIM] HOTT Mona (Got my data from MSN), Winston, Ernie(Please be wrong), Jans, Tim(You really shop there?), and Charley(Hope you're wrong, too): Thanks for the input. Took an abbreviated position today. Held up well considering the market. Duke -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Chazmoore@aol.com Sent: Monday, May 20, 2002 2:01 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] HOTT Duke: Not to be a wet blanket but HOTT started FY 2003 in January. The estimated EPS for 2003 is $1.04 and this times the current P/E of 29 develops a target stock price of about $30.00 next January. If the P/E expands to the five year high of 34, then the target becomes about $35.00. While targets are certainly not fixed, the current price of about $26.00 doesn't give much room to grow. I would be concerned about a valuation downgrade from some analyst. Hope I am wrong. Charley - --Boundary_(ID_7JkjHKbN5UdeWa8kPh0Kxw) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT Message
Duke,
 
Good luck on HOTT.  Don't fret, I have yet to see a stock get positive reviews on this list.  If the fundies are perfect its sure to be over valued, if the price is right there is sure to be a problem with the fundies.  And if both those are good the chart will have problems.  It gets depressing being a CANSLIMer sometime.
 
jl
----- Original Message -----
Sent: Monday, May 20, 2002 4:39 PM
Subject: RE: [CANSLIM] HOTT

Mona (Got my data from MSN), Winston, Ernie(Please be wrong), Jans, Tim(You really shop there?), and Charley(Hope you're wrong, too):
 
Thanks for the input.  Took an abbreviated position today.  Held up well considering the market.
 
Duke
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Chazmoore@aol.com
Sent: Monday, May 20, 2002 2:01 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] HOTT

Duke: Not to be a wet blanket but HOTT started FY 2003 in January. The estimated EPS for 2003 is $1.04 and this times the current P/E of 29 develops a target stock price of about $30.00 next January. If the P/E expands to the five year high of 34, then the target becomes about $35.00.

While targets are certainly not fixed, the current price of about $26.00 doesn't give much room to grow. I would be concerned about a valuation downgrade from some analyst.

Hope I am wrong. Charley
- --Boundary_(ID_7JkjHKbN5UdeWa8kPh0Kxw)-- - - - -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: Mon, 20 May 2002 19:50:58 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] HOTT This is a multi-part message in MIME format. - ------=_NextPart_000_01B1_01C20037.A948D880 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Messagea perfect stock is the Holy Grail of CANSLIM. Finding one in this = lousy "M" is a real trick. - ----- Original Message -----=20 From: John Lessnau=20 To: canslim@lists.xmission.com=20 Sent: Monday, May 20, 2002 7:47 PM Subject: Re: [CANSLIM] HOTT Duke, Good luck on HOTT. Don't fret, I have yet to see a stock get positive = reviews on this list. If the fundies are perfect its sure to be over = valued, if the price is right there is sure to be a problem with the = fundies. And if both those are good the chart will have problems. It = gets depressing being a CANSLIMer sometime. jl ----- Original Message -----=20 From: Duke Miller=20 To: canslim@lists.xmission.com=20 Sent: Monday, May 20, 2002 4:39 PM Subject: RE: [CANSLIM] HOTT Mona (Got my data from MSN), Winston, Ernie(Please be wrong), Jans, = Tim(You really shop there?), and Charley(Hope you're wrong, too): Thanks for the input. Took an abbreviated position today. Held up = well considering the market. Duke -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of Chazmoore@aol.com Sent: Monday, May 20, 2002 2:01 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] HOTT Duke: Not to be a wet blanket but HOTT started FY 2003 in January. = The estimated EPS for 2003 is $1.04 and this times the current P/E of 29 = develops a target stock price of about $30.00 next January. If the P/E = expands to the five year high of 34, then the target becomes about = $35.00.=20 While targets are certainly not fixed, the current price of about = $26.00 doesn't give much room to grow. I would be concerned about a = valuation downgrade from some analyst.=20 Hope I am wrong. Charley=20 - ------=_NextPart_000_01B1_01C20037.A948D880 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
a perfect stock is the Holy Grail of CANSLIM. = Finding one=20 in this lousy "M" is a real trick.
 
----- Original Message -----=20
From: John Lessnau =
Sent: Monday, May 20, 2002 7:47 PM
Subject: Re: [CANSLIM] HOTT

Duke,
 
Good luck on HOTT.  Don't fret, I = have yet to=20 see a stock get positive reviews on this list.  If the fundies are = perfect=20 its sure to be over valued, if the price is right there is sure to be a = problem=20 with the fundies.  And if both those are good the chart will have=20 problems.  It gets depressing being a CANSLIMer = sometime.
 
jl
----- Original Message -----
From:=20 Duke=20 Miller
Sent: Monday, May 20, 2002 4:39 = PM
Subject: RE: [CANSLIM] = HOTT

Mona (Got my = data from=20 MSN), Winston, Ernie(Please be wrong), Jans, Tim(You really shop=20 there?), and Charley(Hope you're wrong, too):
 
Thanks for = the=20 input.  Took an = abbreviated=20 position today.  Held up well considering the = market.
 
Duke
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com] On Behalf Of=20 Chazmoore@aol.com
Sent: Monday, May 20, 2002 2:01=20 PM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 HOTT

Duke: Not=20 to be a wet blanket but HOTT started FY 2003 in January. The = estimated EPS=20 for 2003 is $1.04 and this times the current P/E of 29 develops a = target=20 stock price of about $30.00 next January. If the P/E expands to the = five=20 year high of 34, then the target becomes about $35.00.

While = targets=20 are certainly not fixed, the current price of about $26.00 doesn't = give much=20 room to grow. I would be concerned about a valuation downgrade from = some=20 analyst.

Hope I am wrong. Charley=20
- ------=_NextPart_000_01B1_01C20037.A948D880-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2440 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.