From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #559 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 Sunday, March 21 1999 Volume 02 : Number 559 In this issue: Re: [CANSLIM] Adobe [CANSLIM] DGO New Highs [CANSLIM] Pitbull stock tables Re: [CANSLIM] Adobe [CANSLIM] New Member and stocks to discuss ---------------------------------------------------------------------- Date: Fri, 19 Mar 1999 20:43:34 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Adobe From: musicant@autobahn.org (Dan Musicant) To: canslim@lists.xmission.com > It's no secret that Adobe has been one of the top players in graphics > software for years, and I'd have to characterize them as the best > positioned player in the market with their high end industry standard > digital format "PostScript". They are the Microsoft of the graphics > world. That spells "L". Also, I got the following from a Reuters news story yesterday, and I think this constitutes N. "Adobe has now strung together two strong quarters following a reorganization begun last August that included 300 job cuts, or about 10 percent of its work force. Sales of its Acrobat, PhotoShop and Illustrator software paced results, while cost controls helped boost net income." - - ------------------------------ Date: Sat, 20 Mar 1999 08:28:09 -0500 From: "Tom Worley" Subject: [CANSLIM] DGO New Highs Despite all the D10K hoopla, the list got shorter this week, down 7% overall to 230, while the number of stocks still meeting the basic RS/EPS test of 80/80 dropped even more, down nearly 20% to 80. And of these, nearly half (38) made their latest new high on Friday, and all closed down from that high, some down as much as 7 pts from that new high. Can we all say together "narrowing breadth"?? Here's the survivors: SNE, ASTE, CPRT, ADVP, CLE, ISCA, LUV, BBHF, COMR, FNDTF, DY, ARMHY, MDS, RGIS, GDT, TOM, TLAB, SGP, GICOF, SDLI, JBL, GEOC, RFMD, NEON, PTI, BJ, ICUB, PFE, VRTS, WMT, BDL, EMC, NSOL, AGN, SONC, FISV, WCOM, PROX, SCH, PEGS, BJICA, LIN, SPLS, JCI, AXP, MINI, FLEX, BMET, FSR, AXTI, LM, GE, HVT, AFL, QCOM, CTL, FMY, LEVL, NTT, JAKK, AFS, ABDR, TIF, MWD, UTX, AMGN, FON, MTP, UNPH, ADBE, MRK, CPWM, OMC, WGO, JNJ, HMC, GUC, POS, HHS, KR. Happy hunting. Tom W stkguru@netside.net ICQ # 5568838 - - ------------------------------ Date: Sat, 20 Mar 1999 08:46:36 EST From: FBNAirPlt@aol.com Subject: [CANSLIM] Pitbull stock tables Date: Wed, 17 Mar 1999 09:38:47 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] Searchable stock database with CANSLIM parameters Johan Wrote/replyed: >Anyone have a read on how well the "Pit Bull" data correlates with IBD? They have a "explanation page" before you go to the stock tables. I have looked at few stocks (about 20) that had RS of 99 and out of this list 1 stock was listed as a 99 but had an RS of 56, so I'd say the RS's are pretty good but would require an IBD verification. They have and Acc/Dis rating that runs from -5 to +5 with +3 and > equaling an "A" Acc. >Or if the EPS rankings are a valid methodology? >Is the site updated by some kid good at HTML? >Or is it a true database of reliable data? >Will the Pitbull stop the freebie at some point? >Does anyone know what they plan for a fee? It will cost 19.95 month after finished with Beta. This site is only a few months old so they are still "under construction." It will be free with one of their other services i.e. long/short/mutual fund services. >I've been developing a "position trading" system using their screens and >then my own nightly scans and short term timing signals. I like the >results, Robert - - ------------------------------ Date: Sat, 20 Mar 1999 14:58:03 -0800 From: "Peter Newell" Subject: Re: [CANSLIM] Adobe The stock showed up two days ago, and I'm still kicking myself great chart pattern, I'd buy it if it settles a little. Peter Newell www.betterbackups.com - -----Original Message----- From: Patrick Wahl To: canslim@lists.xmission.com Date: Friday, March 19, 1999 7:59 PM Subject: Re: [CANSLIM] Adobe From: musicant@autobahn.org (Dan Musicant) To: canslim@lists.xmission.com > It's no secret that Adobe has been one of the top players in graphics > software for years, and I'd have to characterize them as the best > positioned player in the market with their high end industry standard > digital format "PostScript". They are the Microsoft of the graphics > world. That spells "L". Also, I got the following from a Reuters news story yesterday, and I think this constitutes N. "Adobe has now strung together two strong quarters following a reorganization begun last August that included 300 job cuts, or about 10 percent of its work force. Sales of its Acrobat, PhotoShop and Illustrator software paced results, while cost controls helped boost net income." - - - - ------------------------------ Date: Sun, 21 Mar 1999 13:57:49 -0000 From: "Marc Laniado" Subject: [CANSLIM] New Member and stocks to discuss Dear All, I have just joined this list having read the book about 6 months ago. I come from England having being introduced to investing by my wife's father and they are both native New Yorkers. I follow almost everything on the Internet. I hope someone can advise me now or refer to previous message with the following questions. Given the large cap and Internet successes of late, has CANSLIM actually worked well for any stocks in the last few years? What needs to be changed to be changed other than what I have managed to glean from the course on the IBD web site which was published last year? I recently bought CMVT having just broken out and then it fell on some volume on Friday. Does this show that its figures were discounted already and could this have been predicted? Was it just part of the market action? They announced a stock split 3/2 from which I can tell is the first for several years. As this is occurring at the beginning of the recent increase in bullish activity in the market, I felt this was reasonable. Price about $78. EPS RS SMR A/D GROUP RS CAP 98 91 A B 89 3.6 BILLION What do others think of (i) CTL: it just broke out in a group which had 15 new highs. The group relative strength over 1,2 and 12 weeks has been: 14, 17, 32. EPS RS SMR A/D GROUP RS CAP 92 91 A A 93 6.7 BILLION (II) ADBE: it broke out with a new high and so did 7 others from its group EPS RS SMR A/D GROUP RS CAP 87 89 B A 79 7.8 BILLION (III) TLAB: formed cup with handle over ?6 months; this was a bit deep. The stock broke above its peak of the handle on twice normal volume a few days ago. Does it need to beat its previous high on heavy volume to be bought? 5 members of this group made new highs this week EPS RS SMR A/D GROUP RS CAP 98 93 A A 89 18 BILLION - ---- Stocks whick look interesting include NITE which has just reached its old high in cup and its volume is drying up. Does anyone have a reasoned opinion on this stock and its prospects? EPS RS SMR A/D GROUP RS CAP 99 99 A A 95 3 BILLION - --- GUC EPS RS SMR A/D GROUP RS CAP 93 95 A A 91 4.2 BILLION just broke out - --- EUSA EPS RS SMR A/D GROUP RS CAP 89 88 A A 89 0.5 BILLION May break out I think these figures are all correct, but I apologise if I have made a typing error. Thank you all for your help. Marc marclaniado@msn.com - - ------------------------------ End of canslim-digest V2 #559 ***************************** 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.