From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #698 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 Saturday, September 11 1999 Volume 02 : Number 698 In this issue: Re: [CANSLIM] More "New" in CS [CANSLIM] snps Re: [CANSLIM] snps RE: [CANSLIM] snps RE: [CANSLIM] snps RE: [CANSLIM] snps Re: [CANSLIM] UNFY [CANSLIM] CLFY - possible breakout from cup & handle [CANSLIM] DGO List [CANSLIM] Fw: CLFY - possible breakout from cup & handle ---------------------------------------------------------------------- Date: Fri, 10 Sep 1999 10:02:15 -0400 From: Sam Funchess Subject: Re: [CANSLIM] More "New" in CS Just a comment of ASP (application service providers). I work for a merchant bank providing capital to small business for growth etc. We are currently looking at a smaller company that id trying to enter the ASP market. What little information I have read and gathered so far is that any person with a server, internet connection and computer knowledge can perform this type of service. This means every ISP in the world has the ability to be an ASP. The concept is neat and cost effective for everybody. Apparently you can run an old 486 with 16 megs of RAM just fine because the server at the remote location does all of the application leg work. The services that I have priced run about 20 bucks a month per user for basic applications such as office and a couple of other small programs. The price escalates with the number of applications one has access to to a high of 800 bucks a month for someone running several applications and custom applications that require a lot of maintenance. Dial up 56K modems work extremely well with this setup because you are only transferring minimal data between desk top and server vs web were you download the entire web page even if only a small section changes, not so in this environment. Another interesting aspect of the system is that a help desk is able to log on to your computer and see exactly what you are doing or having problems with. When they are logged in on your machine you and the tech move the same cursor and type on the same document for each desk top. This can create a fight over who controls but that's easy to fix... let go of the mouse or stop typing until the other is done. This could help the technology averse purchase a computer and log on. This ability to have several people view and change the same document has some pretty useful applications in the office environment. You can have a web conference call about a document/application and everyone can add their two cents real time on the same document vs forwarding it all over the place. New dimension to the virtual office. Again the idea and uses are great. The price is a bit steep in my opinion but our server is paid for and works great. Sam Dave Squires wrote: > > > Hi All, > > Interesting article on CTXS and the coming ASP's or Application Service > Providers. > > DSquires > > >>>Thin Server Pioneer Eyes Huge Web Opportunity > > By David F. Carr > > For the past couple of years, Citrix Systems Inc. has thrived in a > parallel universe to the Web, providing a different incarnation of > network computing concepts that that has been hugely > successful within large enterprises. > > But at its iForum users conference in Orlando this week, Citrix showed > how it will provide not just a transitional stepping stone to the Web > but also technologies that enhance the Web > experience and boost the viability of the emerging Application Service > Provider (ASP) market. > > To some extent, Citrix's proprietary ICA (Independent Computing > Architecture) protocol has been competing with the Web's HTTP. Instead > of serving pages and applets, ICA serves > Windows user interfaces across the network. ICA users can run the most > demanding Windows applications without upgrading to the latest version > of the operating system or installing > more memory because traditional client-side functions are offloaded to a > server. In fact they, don't need to be running Windows at all since the > ICA client runs on the Macintosh, IBM > network computers, and specialized terminals. > > Originally created for remote access, Citrix's technology became popular > with corporations as a more efficient way of managing the client portion > of client-server applications. Now the > new breed of Internet-based service bureaus is using ICA to remotely > host everything from the client portion of heavy-duty enterprise > applications to personal productivity software such > as Microsoft Office. > > The success of Citrix's WinFrame, which turned Windows NT into a > multi-user server for thin clients, prompted Microsoft to introduce a > Windows Terminal Server edition of NT. But > Citrix continues to thrive with MetaFrame, which layers management and > performance features on top of the Microsoft product. > > Citrix also demonstrated a series of products it has under development > that will expand the system to embrace Unix and Java applications, make > it easy to launch ICA applications from > within a Web portal, and even reach devices such as the PalmPilot. > Although no specific product plans were announced, Citrix said its ICA > Web application portal, code-named > "Charlotte," should be delivered as a software developer's kit by year's > end and will become part of a later version of MetaFrame. It's a > Web-based system for authenticating users and > presenting them with icons for the applications they are allowed to use, > and it can be integrated with other portals. ICA client functionality is > delivered to the browser via either ActiveX > or Java. Citrix even got Yahoo's permission to show what remotely hosted > Microsoft Office applications would like as part of a My Yahoo page. > Although Citrix hasn't won any > commitments from the Web service, "they were very intrigued," Citrix > product managemen! t director David Weiss said. > > In addition to all its ICA-related work, Citrix recently acquired a > company called ViewSoft, maker of development tools that aim to enrich > the Web user interface through judicious use > of downloaded objects. A version that employs ActiveX components is in > beta, with JavaBeans to follow. Citrix also demonstrated an incarnation > of ViewSoft's technology designed to > reach the PalmPilot. The demonstration version leveraged Java 2 Micro > Edition, the latest Java technology for handheld devices, but was > actually shown running on a PC emulator for > the PalmOS<<< > > - - - ------------------------------ Date: Fri, 10 Sep 1999 10:03:53 -0600 From: PWahl@sysinn.com Subject: [CANSLIM] snps Looks like Synopsys (SNPS) wants to go up today. Volume above average so far with four hours to go in the trading day. - - ------------------------------ Date: Fri, 10 Sep 1999 14:02:46 -0400 (EDT) From: "Surindra J. Singh" Subject: Re: [CANSLIM] snps I donot have the information handy, but as I recall, snps lacks rs&eps rank of 80/80.... Is it true breakout? On Fri, 10 Sep 1999 PWahl@sysinn.com wrote: > Looks like Synopsys (SNPS) wants to go up today. Volume above average so > far with four hours to go in the trading day. > > - > > - - ------------------------------ Date: Fri, 10 Sep 1999 12:07:16 -0600 From: PWahl@sysinn.com Subject: RE: [CANSLIM] snps Don't have the information here at work either, but I think it has adequate EPS/RS numbers, and I think a breakout is a breakout regardless of what the other numbers are, just may be less desirable to buy. > -----Original Message----- > From: Surindra J. Singh [SMTP:sjs7b@virginia.edu] > Sent: Friday, September 10, 1999 12:03 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] snps > > I donot have the information handy, but as I recall, snps lacks rs&eps > rank of 80/80.... Is it true breakout? > > On Fri, 10 Sep 1999 PWahl@sysinn.com wrote: > > > Looks like Synopsys (SNPS) wants to go up today. Volume above average > so > > far with four hours to go in the trading day. > > > > - > > > > > > > > - - - ------------------------------ Date: Fri, 10 Sep 1999 22:28:31 +0200 From: Johan Van Houtven Subject: RE: [CANSLIM] snps At 12:07 PM 9/10/99 -0600, you wrote: >Don't have the information here at work either, but I think it has adequate >EPS/RS numbers, and I think a breakout is a breakout regardless of what the >other numbers are, just may be less desirable to buy. And many other in COMP-ENT are showing strenght. Good group IMHO. Johan === - - ------------------------------ Date: Fri, 10 Sep 1999 16:11:05 -0600 From: PWahl@sysinn.com Subject: RE: [CANSLIM] snps My source tells me SNPS has EPS 97, RS 77, the 3 letter ratings are A,A,B. > -----Original Message----- > From: Surindra J. Singh [SMTP:sjs7b@virginia.edu] > Sent: Friday, September 10, 1999 12:03 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] snps > > I donot have the information handy, but as I recall, snps lacks rs&eps > rank of 80/80.... Is it true breakout? > > On Fri, 10 Sep 1999 PWahl@sysinn.com wrote: > > > Looks like Synopsys (SNPS) wants to go up today. Volume above average > so > > far with four hours to go in the trading day. > > > > - > > > > > > > > - - - ------------------------------ Date: Fri, 10 Sep 1999 20:34:41 -0400 From: "Tony Austin" Subject: Re: [CANSLIM] UNFY Anybody know what happened with UNFY today? Had a huge explosion in volume breaking through to a new high. Not suggesting this is a canslim stock, acutally don't know, haven't looked....but I'm glad I own it at this point :) Tony - - ------------------------------ Date: Sat, 11 Sep 1999 09:40:12 -0400 From: "Tom Worley" Subject: [CANSLIM] CLFY - possible breakout from cup & handle In reviewing the stocks on the DGO list (comments to follow shortly), I took some time to study Clarify (CLFY) due its chart formation. For those trying to study/watch/buy cup and formation patterns (tho a good one is rare), thought I'd give you some of my comments. Remember always, I am not saying it's a buy, nor will be a winner from here. Do your own homework and research, make your own investing decisions. For me, it's out of my price range, so I will not be a buyer. All data and chart from DGO as of close of business on Friday. First, the basics: RS 96, EPS 97, GRS 91. Management ownership 18%, funds 25% (too high), A/D is A, as is Timeliness. ADV is 464,300. U/D is 1.1. No debt, ROE is only 11% (poor). SMR is A. Five year earnings growth is 46%, forecast for current year is +119%, next year +43%. Top five in group (APLX, UNFY, MGIC, PERI, FRTE) all have RS of 99, so it's not in the top five. However the best EPS in the top five is only 77, so a minor change in RS will vault it to the #1 position. There is a small short position (0.9 days ADV). Last four qtrs earnings were +800%, +400%, +267%, and +180%. These large gains were easy as comparative year was so low. However, sales were +58%, +50%, +75%, and +76%. So sales growth was strongest in the latest two qtrs, and current qtr should enjoy a favorable comparison. Now for the chart, which is what caught my eye. The cup (left edge) started forming 7/9 on topping out volume of only 454,700. It reached its final bottom on 7/29 with a price of 30.375 on volume of 607,600. However it finished that day at 31. 9375, down only 0.1875, so a nice blowoff day. It reached the right edge of the cup on 8/30 on volume of only 304,500 and began a short, two week base/handle at 44.25. While the cup is much deeper than desired, well over the 25% retrenchment sought after a major gain, I note that the stock had more than doubled (from 21.625 to 49.125) immediately preceding the start of the cup. I also note that the bottom of the cup (30.375) was still much higher than the start of the runup (21.625) preceding the cup, as well as fractionally higher than the most recent prior high (30.25 in early March). On Friday, 9/10 the stock tried to break out of this short handle. Volume was only 513,800 thus failing the 150% ADV test, so is suspect. Monday's action may give a better clue. On "M", Friday's market was fading towards the close on both NYSE and NASDAQ, so an opening entry would not be advised till the markets signal where they want to go. On "N", the company just announced a deal with DSET Corp "resulting in an end-to-end solution for seamless data exchange". Significance unknown. On technical analysis (TA), using a one chart at BigCharts, the MACD is slightly positive and rose. Both OBV and MF are positive and rising. MACD was drifting lower until Friday. Hope this helps members trying to learn CANSLIM. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ Date: Sat, 11 Sep 1999 10:00:27 -0400 From: "Tom Worley" Subject: [CANSLIM] DGO List List grew nicely to 178 from a revised 164 the prior week. No surprise considering how NASDAQ/techs did last week. More importantly to me, the charts of stocks on the list looked a lot more healthy. LLUR: QLGC (sloppy), CPN, BOBJ, PMCS, ROP BASE: JDSU, TWRI (basing up), SLR, KEI, INSS, PSDI (8 week base), LXK, GTW, PFX, WAT, MYR, VCI, CEC, COLL, ROAD, GUC (possible long c&h), SIDE, NATI, PRLS, PTSI (breakout failed), STII, SEWY, SUMX (breakout failed), CLS (breakout), MITY, NLCS, STTX, ALD, HON, TAXI (breakout) POSSIBLE CUPS: BBOX, HAKI, SANM (poor) C&H: CLFY (details posted separately), MUSE STAIRCASE: MNMD, ADBE, AGX AMGN continuing its breakout from a nice c&h, probably still buyable. Good one to study. As always, do your own homework, make your own investing decisions. DISCLOSURE: I own none of the above. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ Date: Sat, 11 Sep 1999 10:06:59 -0400 From: "Tom Worley" Subject: [CANSLIM] Fw: CLFY - possible breakout from cup & handle Am reposting this as I left out a few words, disregard earlier post. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Tom Worley To: CANSLIM Date: Saturday, September 11, 1999 9:40 AM Subject: CLFY - possible breakout from cup & handle In reviewing the stocks on the DGO list (comments to follow shortly), I took some time to study Clarify (CLFY) due its chart formation. For those trying to study/watch/buy cup and (handle) formation patterns (tho a good one is rare), thought I'd give you some of my comments. Remember always, I am not saying it's a buy, nor will be a winner from here. Do your own homework and research, make your own investing decisions. For me, it's out of my price range, so I will not be a buyer. All data and chart from DGO as of close of business on Friday. First, the basics: RS 96, EPS 97, GRS 91. Management ownership 18%, funds 25% (too high), A/D is A, as is Timeliness. ADV is 464,300. U/D is 1.1. No debt, ROE is only 11% (poor). SMR is A. Five year earnings growth is 46%, forecast for current year is +119%, next year +43%. Top five in group (APLX, UNFY, MGIC, PERI, FRTE) all have RS of 99, so it's not in the top five. However the best EPS in the top five is only 77, so a minor change in RS will vault it to the #1 position. There is a small short position (0.9 days ADV). Last four qtrs earnings were +800%, +400%, +267%, and +180%. These large gains were easy as comparative year was so low. However, sales were +58%, +50%, +75%, and +76%. So sales growth was strongest in the latest two qtrs, and current qtr should enjoy a favorable comparison. Now for the chart, which is what caught my eye. The cup (left edge) started forming 7/9 on topping out volume of only 454,700. It reached its final bottom on 7/29 with a price of 30.375 on volume of 607,600. However it finished that day at 31. 9375, down only 0.1875, so a nice blowoff day. It reached the right edge of the cup on 8/30 on volume of only 304,500 and began a short, two week base/handle at 44.25. While the cup is much deeper than desired, well over the 25% retrenchment sought after a major gain, I note that the stock had more than doubled (from 21.625 to 49.125) immediately preceding the start of the cup. I also note that the bottom of the cup (30.375) was still much higher than the start of the runup (21.625) preceding the cup, as well as fractionally higher than the most recent prior high (30.25 in early March). On Friday, 9/10 the stock tried to break out of this short handle. Volume was only 513,800 thus failing the 150% ADV test, so is suspect. Monday's action may give a better clue. On "M", Friday's market was fading towards the close on both NYSE and NASDAQ, so an opening entry would not be advised till the markets signal where they want to go. On "N", the company just announced a deal with DSET Corp "resulting in an end-to-end solution for seamless data exchange". Significance unknown. On technical analysis (TA), using a one (month) chart at BigCharts, the MACD is slightly positive and rose. Both OBV and MF are positive and rising. MACD was drifting lower until Friday. Hope this helps members trying to learn CANSLIM. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ End of canslim-digest V2 #698 ***************************** 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.