Canslim - Kulanamit - O´Neil - USA-Werte - 500 Beiträge pro Seite

[wwwillion]

Dieser Thread will sich mit der Anlagestrategie nach O´Neil beschäftigen und zwar mit ausgesuchten US-Werten, die die Canslim-Voraussetzungen, wenigstens größtenteils, erfüllen. In den threads CANSLIM und CANSLIM UND MOMENTUM (unter Spezialforen - Forum Allgemeines) hat snahas die Grundlagen und Ideen dieser Anlagestrategien grob dargestellt.

Dort werden vor allem deutsche Aktien nach Canslim-Gesichtspunkten diskutiert. Dieser Thread will sich schwerpunktmäßig mit US-Canslim-Werten beschäftigen.

Sollte ein spezieller Wert besonders intensiv diskutiert werden, kann hierzu jeweils ein eigener thread zusätzlich eröffnet werden, z.B. mit dem Titel CANSLIM - US - Aktie XY.

Als erstes stelle ich AMERICAN POWER CONVERSION (Ticker: APCC ) zur Diskussion. Nähere Infos folgen.

wwwillion

[wwwillion]

APCC ist im Bereich Elektro tätig, speziell Notstromaggregate, uninterruptible power supply (UPS) devices gegen Stromausfall bei PCs
power-management software. APCC vertreibt in 120 Ländern und gehört zu den Weltmarktführern. 50% des Umsatzes werden in den USA gemacht.

APCC hat eine Marktkapitalisierung von 7,5 Mrd. $ und macht einen Umsatz von 1,3 Mrd. $. Über die letzten 5 Jahre stiegen die Gewinne pro Jahr jeweils um 23%. Q1 2000 zu Q1 1999 war ein Gewinnanstieg von 33%. E/P der letzten 5 Jahre: 0.37, 0.49, 0.64, 0.76, 1.05.

Kurs von $ 38 liegt nahe am ATH von $ 45. 54% der 194 Mio. Aktien werden durch Institutionen gehalten. 15% durch den Vorstand/Insider.

Im Chart sieht man eine Tassen-Henkel-Formation:



Hier der 5-Jahreschart:



wwwillion

[wwwillion]

CRN Champions: Power Play -- APC Takes The Crown As King Of UPS
FRIDAY, JUNE 16, 2000 11:39 PM
- CMP Media

Jun. 16, 2000 (Computer Reseller News - CMP via COMTEX) -- American Power Conversion Corp. backs up solution providers with better products and support than any other UPS vendor, according to the CRN Champions survey.

Some solution providers described APC`s uninterruptible power supply line as the "Rolls Royce" of the industry. They said the vendor`s scalable products help growing businesses protect their investments and expand quickly.

"APC`s UPSes offer the biggest bang for your buck in this industry because they don`t get obsolete," said John Cruckshank, owner of First Computer Sales Inc., Bingham, Mass.

APC, West Kingston, R.I., dominated this year`s competition by earning the highest partner satisfaction rating in all eight areas of the survey and coming in with an overall average score of 5.7 out of 7 possible points. That was four-tenths of a point higher than runners-up Best Power, Necedah, Wis., and Tripp-Lite, Chicago, which tied for No. 2 at 5.3.

The solution provider channel plays a big role in APC`s success in the market, said John Donovan, worldwide channel director for APC. "No matter what type of VAR you might be-someone consulting for e-commerce or selling Microsoft products-uptime is critical to enabling business processes," he said.

Solution providers who spoke to CRN about the survey results agreed that the most significant criteria for selecting a vendor in this category is the quality and reliability of its products. In this area, APC scored a big satisfaction rating of 6.4, putting it well ahead of the still-respectable 5.9 earned by both runners-up.

"That`s all we sell," said Anu Bhatia, president of Anu Data Computers Inc., Wappingers Falls, N.Y., of APC`s products. "They offer very good reliability."

Donovan suggested one reason APC did well in this area was because it was the first UPS vendor in the midrange server market to provide redundancy in power and battery modules. All modules share in the load so if a unit fails it can be replaced without jeopardizing security.

The scalability of APC`s products also played a role in the vendor`s strong showing. The 363 solution providers surveyed in this category tended to support APC`s claim to leadership in this area. They gave APC a 6.3 rating for compatibility and scalability, another significant showing over Best Power`s second-place 5.9.

Donovan said developing products that can scale as customers grow is a primary component of the company`s channel strategy and a key feature of its flagship product, the Symmetra Power Array. Symmetra is a single unit with modular components that enable solution providers to add a flexible range of power capacity.

In the areas of price/performance and profitability and profit margins, APC`s rivals proved to be more competitive. APC`s 5.8 in price/performance was two-tenths of a point ahead of Tripp-Lite`s 5.6. In profitability, APC (5.0) led the runners-up, who tied at 4.8, by a similar margin.

Still, APC rated the highest in both areas, which are particularly important to solution providers in the small-business market, said Claude Young, president of Computer Workshop, Martinsville, Va.

"When a customer is posting [financials], they can`t afford to have their systems go down; and an APC unit is not expensive, just under $200," he said.

While APC did well in the product areas of the survey, it did even better, relative to the runners-up, in areas measuring the strength of its partner programs.

Solution providers gave APC its highest margin of victory in marketing support (5.7), where it was seven-tenths of a point ahead of Best Power (5.0). APC also stood a half-point ahead of Best Power in training and certification and technical support, where APC earned scores of 4.8 and 5.7, respectively.

http://www.crn.com/


By: Charlotte Dunlap Copyright 2000 CMP Media Inc.

[wwwillion]

Hier ein paar Grundregeln zur Anlagestrategie, wie sie - etwas modifiziert - James Taylor sieht:

RULES:

#1: No matter how important our statement, pledge, goal, and philosophy are, we will never let any of them interfere with what we know we need to do and where we need to be on Sundays.

#2: Never buy a stock that does not grade out higher than 95 in "The System" insuring that we never own anything but good stocks.

#3: Never buy a stock on the way down or buy "in hopes" of a turnaround.

#4: Never average down in buying but rather average UP.

#5: The Rule of 5- Never buy a single stock. Only buy when we can afford to buy all of the top FIVE stocks simultaneously.

#6: Never buy cheap stocks - They are usually cheap for a reason. Buy the best you can buy when you buy, regardless how few shares you will be buying. You are investing dollars not shares.

#7: Forget the softer, easier way. There is not one. Be willing to WORK and treat investing as an occupation, a full time job.

#8: Never "try" to make a killing - Swing for singles and doubles and never the triple or home run. For the few home runs you might hit, the strike out will be staggering. You will strike out enough going for the singles and doubles.

#9: Be patient. Don`t expect to get rich overnight. Be willing to take small profits, limit your losses, and if that "ten bagger" comes along, smile all the way to the bank.

#10: Never buy anything on tip, rumor or story - grade the stock yourself to see if it meets ALL criteria and makes the grade.

#11: Disregard PE`s completely for they are one of the least important facts in making a profit in the market. (From How To Make Money In Stocks - "Factual analysis of each cycle`s winning stocks shows that P/E ratios have very little to do with whether a stock should be bought or not..... If you were not willing to pay an average of 20 to 30 times earnings for growth stock in the 40 years through 1993, you automatically eliminated most of the best investments available.... What seems to high and risky to the majority usually goes higher and what seems low and cheap usually goes lower.)

#12: Never let a dividend have ANY influence on purchasing or not purchasing a stock. If a stock pays a dividend, use this as a red flag and check and re-check your facts before purchasing that stock.

#13: Never fall in love with any company or stock. Only own a stock as long as it continues to produce profits for you.

#14: Understand that most of what you hear in the form of advice will be wrong. The majority is invariably incorrect. Learn to live with the fact that you are going to be consistently in the minority. Most will think and tell you that you are wrong. (If you are right more times than not, the above will happen regularly)

#15: The majority is afraid to buy a stock that is going into new highs and therefore most of our purchases should be doing exactly that.

#16: Cut all losses quickly and do it unemotionally. Figure cost and set 15% stop loss. If end of day price EVER drops to this sell. (This rule is expanded and altered "some" for the more advanced, astute, and aware investor - Explained in our basic introduction letter)

#17: As a stock advances in price, move stop loss up along with it. Leave room for the stock to undergo a correction without being stopped out of it. Even good stocks will correct with the market. Your best future winners will probably correct more than the average stock.

#18: Always buy and sell at market. Never try to split bid and asked. Never set price limits on a buy or sell.

#19: Never let taxes influence a buy or sell in any way.

#20: Never buy options, put or calls. (90% of those purchased lose money - Don`t overestimate your talents. Mr. Lynch and O`Neil don`t think they can make money here. Don`t put yourself on a platform higher than them.)

#21: Spend most of your time trying to understand what the market is telling you and never try to "show" the market anything.

#22: Do not ever be afraid to take a loss.

#23: Earnings per share is extremely important and remember the earning surprises usually come from those with the highest EPS numbers.

#24: Read How To Make Money In Stocks REGULARLY. Remember that one learns very little while talking himself. Try listening or reading twice as much as you talk. Read something every day.

#25: Don`t ever depend on anybody to tell you what the direction of the market is. Know how to determine it and keep up with it DAILY.

#26: Never buy a defensive stock. If you feel like that is necessary, just stay out.

#27: Never invest more than you can afford to lose and never buy any stock that you have any reservation whatsoever about. (Should any stock cause you to lose sleep ANY night, sell it in the am at market and move on)

#28: Keep up with any and all news that might affect the industry your stock is in.

#29: Pick a weekly time to re-evaluate your holdings. Forget what you paid for each stock, but rather how much each stock gained or lost THAT WEEK. Put them in order with the highest percentage gaining stock at the top of the list. (This way should you need to sell a stock, you will already know which is producing the least for you. Which stock you sell should have nothing to do with the purchase price unless it is 15% below the investment cost).

#30: Once you see euphoria in the market, even if your stock is moving upward, be mobile and ready to sell. Consider tightening up on stop loss points.

#31: Remember always that the market is a risk. However, if you are willing to expose yourself to some risk, do a fair amount of work yourself, and have patience, the trips to the bank can become regular.

#32: To date, we have not had to buy any tobacco, alcohol or gaming stocks to reach any and all of our goals, and we plan to continue this practice.

#33: Never sell a stock that is producing gains just to buy one that looks better.

#34: Anytime we have gone as many as three weeks in a row without an official top five because not enough stocks graded out high enough then ignore the first time a top five appears. Skip that one until we have two weeks in a row with a top five.

#35: Win, Lose or Draw - SMILE

These are rules that we attempt to adhere to. We fall short. However, by keeping these rules posted and readable in a very obvious place we have found ourselves doing better about adherence to them. Our biggest losses have broken at least one of the above rules and usually three or four at one time.

The Investment Club being formed "The WallChart System Investment Club" is going to adopt the rules contained herein as law. We will be following these rules and it will take a vote of the majority to change a rule and the way we will invest. Unless otherwise noted in the Club meeting the rules contained here will become the law of the Club. I have just re-read the above rules as of July 5th, 1999. I see no changes that need to be made. Some of the rules do need minor clarification as they "could be" misread. Those areas are minor and are discussed elsewhere on this site. We have some additional rules that we are going to invoke at this time and make a part of "The System". They are as follows:

36. Any portfolio set up with enough funds to follow "The System" will have three main sections. Section one will be for CORE stocks that will be ten stocks that will represent 25% of the total value of the portfolio. Once a year we will evaluate the percentages to see if adjustments need to be made. We will NEVER adjust downward.

37. We will set up a second section that will have 15% of the total value to be what we will refer to as Internet Core Stocks. There will be a minimum of 10 stocks here but never to exceed 15 stocks. These will also be stocks that are not available for sell for at least a three year period. Adjustments can be made at a one year anniversary from date of purchase of these stocks.

38. A "core" stock can be sold at any evaluation period but it must be showing greater than a 25% loss, the business must have had a major change, the pattern must no longer have a good long term pattern and/or grade, or the stock must show a pattern that will take more than a year to re-establish itself as a stock with a good LLUR pattern. (Once bought a core stock can NOT be sold for at least a year unless it is bought out by another company at which time it will be immediately sold upon hearing the news unless we decide to make the company that has bought it one of our core holdings. Any core stock in any category that is ever less than it was 18 months prior will be sold the following day at market at the open).

39. If funds are available it is possible to double up a core holding when the stock falls and is considered to be at a bargain basement, blue light special type of price. There must have been no major news to cause this, the company must still be doing what it was doing when first bought and this is a rule to allow us to take advantage of market downturns by dollar cost averaging DOWN in the ONLY place we can do it following "The System" by buying the best stocks when others throw them away. When the market recovers and our core stock has regained most of the price we are to sell those extra shares we bought while it was down.

40. The third section of a portfolio is for the remaining 60% of the funds. These funds are to be used to buy the top five each week when "The System" says a buy is in place. (At least 20 stocks must grade out 90 or higher and all preceding rules must be adhered to).

41. We are going to set a rule whereby we may use up to 10% (if available) for James` itchy fingers to use when he sees SPECIAL opportunities afforded by the market that otherwise do not fall into "The System" rules. This rule is to be used VERY, VERY SELDOM and must never exceed the 10% value of the portfolio. The rule is to be invoked almost never! It can only be used when there are funds available. Cash must be there. Do NOT sell something strictly in order to accumulate cash to use this rule.

42. If stop loss sell orders are actually put into practice they will only be updated once a week. These will be put into place only at times that market downturns could be reasonably expected. We prefer to use END OF DAY prices for selling a stock. Actual Stop loss orders are to be used extremely sparingly.

43. When a stock has fallen to a selling point it WILL be sold the following morning, AT MARKET AT THE OPEN, even if it is now at a strong support level and even if Wall Street overdid it, and even if it "looks like" we should be buying more of it at these prices. We will CUT our losses on this stock at this time. We will preserve what is left.

44. If we find it necessary to go against a rule, step on it, disregard it, then the rule is to be removed EVEN IF it is a one time deal. There is NO ROOM for exceptions in these rules. Disregard it and it`s out. Plain and simple! Play by the rules and don`t make up more as you go!

James
Email:[e-mail]

[wwwillion]

Hier eine ausführliche aktuelle Analyse zu APCC.
Canslim par excellence.

wwwillion

PRICE: APCC closed on 06/26/2000 at $40.38 per share.

VALUE: APCC has a Value of $34.3 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s Price and Value always converge.

RV (Relative Value): APCC has an RV of 1.31. On a scale of 0.00 to 2.00, an RV of 1.31 is excellent. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks.

We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.

RS (Relative Safety): APCC has an RS rating of 1.31. On a scale of 0.00 to 2.00, an RS of 1.31 is excellent. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.

VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.

RT (Relative Timing): APCC has an RT rating of 1.34. On a scale of 0.00 to 2.00, an RT of 1.34 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.

All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s Price is in a downtrend.

VST-Vector (VST): APCC has a VST-Vector rating of 1.32. On a scale of 0.00 to 2.00, an VST of 1.32 is excellent. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and Timing?

The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.

GRT (Growth Rate): APCC has a GRT of 25 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or subsequently fall.

Recommendation (REC): APCC has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.

VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s, and sheltered from receiving "S" RECs.

STOP-PRICE: APCC has a Stop-Price of 34.48 per share. This is 5.90 or 14.6% below its current closing Price. VectorVest analyzes over 7,000 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s fundamentals.

In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.

DIV (Dividend): APCC does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).

DY (Dividend Yield): APCC has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.

EY (Earnings Yield): APCC has an EY of 3.52%. This is below the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

EPS (Earnings Per Share): APCC has an EPS of $1.42 per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): APCC has a P/E ratio of 28.43. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.

GPE (Growth to P/E Ratio): APCC has a GPE of 0.88. This ratio suggests that APCC is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 1.31 for APCCis excellent.

DS (Dividend Safety): APCC has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.

RISK (Dividend Risk): APCC does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.

DG (Dividend Growth): APCC has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a company`s historical financial performance and the board`s current outlook on the future use of funds.

YSG-VECTOR (Yield-Safety-Growth Vector): APCC has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

VOL(100)s: APCC traded 1751500 shares on 06/26/2000.

AVG VOL(100)s: APCC has an Average Volume of 2733800. Average Volume is 50 day moving average of daily volume as computed by VectorVest.

% VOL: APCC had a Volume change of -35.9% from its 50 day moving average volume.

OPEN: APCC opened trading at $38.44 per share on 06/26/2000.

HIGH: APCC traded at a high of $40.44 per share on 06/26/2000.

LOW: APCC traded at a low of $38.00 per share on 06/26/2000.

CLOSE: APCC Closed trading at $40.38 per share on 06/26/2000.

% PRC: APCC showed a Price change of 5.6% from the prior day`s closing price.

INDUSTRY: APCC has been assigned to the Computer (Peripheral Eqp) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.

APCC has well above average safety with well above average upside potential. It reflects a stock which is likely to give well above average, quite consistent returns over the long term.

The basic strategy of VectorVest is to buy low risk, high reward stocks. We suggest that Prudent investors buy enough high Relative Value, high Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you`ll find that your risk will go down and your investment performance will improve. Not a bad combination.

[flying_bull01]

schade schade schade

wenn ich wirklich so gut englisch könnte um das alles lückenlos zu verstehen würde ich mich wahrscheinlich für us-werte nur auf den ami seiten und boards rumtreiben!

auf meinem abschlusszeugnis stand da halt mangelhaft!

[AEG]

Hallo wwwillion,

Sehr guter Thread!

Hast Du eine Homepage von James Taylor. Mich würde interessieren, welche Aktien noch die Kriterien von James erfüllen.

AEG

[wwwillion]

flying_bull01,

Deinem Namen nach zu unterteilen, müßtest Du ja ein US-Freak sein
Wenn´s um Geld (viel Geld) geht, lohnt es sich, seine englichkenntnisse aufzufrischen. Empfehlenswert ist hier www.babylon.com zum runterladen (freeware). Ein ausgezeichnetes Wörterbuch per rechter Maustaste, das einem bei schwieirgen Ausdrücken weiterhilft. Bablefish-Übersetzungen sind da wohl eher nur ´ne Scherznummer. http://babelfish.altavista.com/translate.dyn

Die hier gänzlich unbekannten US-Werte laufen drüben wie ´ne eins.

wwwillion

[wwwillion]

Hi AEG,

danke für die Blumen.
Ich kenne nur http://www.taylortrader.com/ etwas näher, ist aber kostenpflichtig. Unter http://www.yahoo.com gibt es jede Menge Taylor-Seiten. Ich richte mich aber lieber nach O´Neil CANSLIM.
Die obige Analyse ist aus vectorvest, die ich manchmal zu Hilfe nehme.

wwwillion

[wwwillion]

Hier ein transfer der US-Charts aus dem Canslim-thread zu deutschen Werten:

ADMS Advanced Marketing Services, ein Canslim-Bilderbuchwert



TNL Technitrol



PLT Plantronics



ORCL, Oracle Systems



Genauere Infos folgen.

wwwillion

[flying_bull01]

hi wwwillion,

"Wenn´s um Geld (viel Geld) geht, lohnt es sich, seine englichkenntnisse aufzufrischen."

"Die hier gänzlich unbekannten US-Werte laufen drüben wie ´ne eins"

ich weiss ja dass du recht hast. für tourismus reichts ja grad noch so. tatsächlich hatte ich auch schon mehrfach vor, diese in einem crashkurs aufzufrischen. bis jetzt fehlte halt oft die zeit und das was ich mir ausgesucht habe dauert einen monat und kostet halt auch richtig.

aber vielleicht wirds ja bald was.

[wwwillion]

Hier ein weiterer Canslim-Leckerbissen:

C&D TECHNOLOGIES INC (Ticker: CHP) 28.6.2000: $57 5/16



Und hier der 3-Jahreschart (mit Splits):



KGV der letzten 5 Jahre: 0.55, 0.58, 0.78, 0.94, 1.15

Erwartet: 2001 1.71 2002 2.13

Was will man mehr?

Und falls man englisch kann :

CHP, who has seen earnings growth of 59.1% from Q6 to Q2 and 95.2% from Q5 to Q1, far surpasses its typical earnings growth rate of 21.4%. CHP is highly admirable, as it is a candidate poised for exceptional growth.

26 million shares outstanding

!!!Institutions own 99.3% of CHP`s stock.

wwwillion

[flying_bull01]

na gut, nach oben

[Jamila]

hier hat der initiator wohl die lust verloren? schade.

[wwwillion]

@Jamila

nein, nein, nicht die Lust verloren. Aber jetzt waren mal 1 1/2 Tage Nasdaq-Pause.

Und dann möchte ich hier nicht leichtfertig Werte einstellen, sondern bin laufend am recherchieren.

Daß die Kursverläufe - mit einer Ausnahme - bisher voll die Canslimerwartungen erfüllt haben, kann jeder aus den obigen Charts herauslesen.

Und dann würde ich mich natürlich freuen, wenn ich hier nicht den Alleinunterhalteer spielen muß, sondern auch Impulse von anderen Boardern gepostet werden.

Recherche derzeit über SDLI (P/E 565)



wwwillion

[wwwillion]

Stock Analysis of S D L Inc


Thank you for requesting an analysis of S D L Inc from VectorVest ProGraphics. The ticker symbol for S D L Inc is SDLI. SDLI is traded on the NASDAQ and options are available on this stock.

PRICE: SDLI closed on 07/03/2000 at $293.94 per share.

VALUE: SDLI has a Value of $34.2 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s Price and Value always converge.

RV (Relative Value): SDLI has an RV of 1.06. On a scale of 0.00 to 2.00, an RV of 1.06 is fair. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks.

We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.

RS (Relative Safety): SDLI has an RS rating of 0.88. On a scale of 0.00 to 2.00, an RS of 0.88 is poor. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.

VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.

RT (Relative Timing): SDLI has an RT rating of 1.87. On a scale of 0.00 to 2.00, an RT of 1.87 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.

All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s Price is in a downtrend.

VST-Vector (VST): SDLI has a VST-Vector rating of 1.38. On a scale of 0.00 to 2.00, an VST of 1.38 is excellent. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and Timing?

The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.

GRT (Growth Rate): SDLI has a GRT of 52 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or subsequently fall.

Recommendation (REC): SDLI has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.

VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s, and sheltered from receiving "S" RECs.

STOP-PRICE: SDLI has a Stop-Price of 234.97 per share. This is 58.97 or 20.1% below its current closing Price. VectorVest analyzes over 7,000 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s fundamentals.

In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.

DIV (Dividend): SDLI does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).

DY (Dividend Yield): SDLI has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.

EY (Earnings Yield): SDLI has an EY of 0.43%. This is below the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

EPS (Earnings Per Share): SDLI has an EPS of $1.26 per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): SDLI has a P/E ratio of 233.28. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.

GPE (Growth to P/E Ratio): SDLI has a GPE of 0.22. This ratio suggests that SDLI is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 1.06 for SDLIis fair.

DS (Dividend Safety): SDLI has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.

RISK (Dividend Risk): SDLI does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.

DG (Dividend Growth): SDLI has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a company`s historical financial performance and the board`s current outlook on the future use of funds.

YSG-VECTOR (Yield-Safety-Growth Vector): SDLI has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

VOL(100)s: SDLI traded 1916800 shares on 07/03/2000.

AVG VOL(100)s: SDLI has an Average Volume of 4657400. Average Volume is 50 day moving average of daily volume as computed by VectorVest.

% VOL: SDLI had a Volume change of -58.8% from its 50 day moving average volume.

OPEN: SDLI opened trading at $285.94 per share on 07/03/2000.

HIGH: SDLI traded at a high of $300.50 per share on 07/03/2000.

LOW: SDLI traded at a low of $285.88 per share on 07/03/2000.

CLOSE: SDLI Closed trading at $293.94 per share on 07/03/2000.

% PRC: SDLI showed a Price change of 3.1% from the prior day`s closing price.

INDUSTRY: SDLI has been assigned to the Electronic (Semicndtr Mfg) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.

SDLI has below average safety with about average upside potential. It reflects a stock which is likely to give about average, inconsistent returns over the long term.

[wwwillion]

Unter Berücksichtigung der letzten Entwicklungen bleiben im Depot:

PLT, TNL, SDLI, APCC.

ADMS enttäuscht. Muß erst wieder etwas gewinnen.

ADMS und ORCL fliegen leider raus.

wwwillion

[wwwillion]

Hier einige Hinweise zur Canslim-Strategie (deutsch: Kulanamit). Canslim ist eine Abkürzung nach O´Neil.

Ku: kurzfristige Erträge, d.h. Gewinn pro Aktie im aktuellen Quartal. Quartalsvergleiche anstellen, wobei im Geschäftsjahr ausschließlich gleiche Quartale verglichen werden, als 2.Q 2000 zu 2. Q. 1999. Nie (!) 2.Q 2000 zu 1.Q. 2000.

La: Langfristige Erträge oder jährliche Gewinnsteigerung: Bedeutende Gewinnzuwächse sind wichtig. Minimum: 18% pro Jahr, besser 25% und höher/Jahr. Gewinnzuwachskonstanz. In den letzten 5 Jahren darf nur 1 Ausrutscher sein.

N: NEUE Produkte oder NEUES Management oder NEUE Hochs: Zum richtigen Zeitpunkt kaufen. Kurs darf nicht weiter weg sein, als 15% unter ATH.

A: Angebot und Nachfrage: Geringe Börsenkapitalisierung (Keine Werte, die schon jeder hat) PLUS Mengennachfrage, also Aktienumsatz. Shares outstanding um die 30 Mio. Insider sollen mindestens 15% der Aktien halten, dann hat auch der Vorstand ein Eigeninteresse am Kursverlauf.

M: Marktführer oder nur Mitläufer?

I: Institutionelle Unterstützung. Sind I´s bereits investiert? Ist der Wert für neue I´s interessant?

T: Trend des Gesamtmarktes, Trend des Branchensegments. Relative Stärke soll relativ konstant im Bereich von 90 liegen. Steigen gleichwertige Werte des gleich Branchensegments ebenfalls?

Der Chart soll keine großen Einbrüche zeigen. Auch die Charttechnik fließt in die Beurteilung des Wertes ein. Keine tiefen Einbrüche. An Hand der Charttechnik lassen sich die Einstiegspunkte leichter feststellen. Die Charttechnik ist jedoch kein Kriterium für oder gegen den Kauf.

Schaut Euch mal hinsichtlich dieser Kriterien die oben genannten Werte an. Die meisten liefen seit der Vorstellung hier im Board recht gut.

Ein eigenes Kapitel ist die Feststellung des optimalen Verkaufszeitpunkts. Man arbeitet mit engen stoploss. Wenn trotz aller Kriterien der Wert einbricht, dann raus damit. Verluste begrenzen!! 10-15% ist das Maximum. Stoploss wird nachgezogen, um auch Gewinne zu sichern. Es wird dann das stoploss knapp unter die Marke des letzten Tiefs gesetzt.

Diese Grobdarstellung ist nicht alles! Man muß sich mit dieser Strategie intensiv auseinandersetzen, auch Erfahrungen sammeln.

Viel Glück (gehört immer dazu)
wwwillion

[ampurist]

WWWillion,
Du bist wirklich ein Gewinn für das board. So manche(r) würd´Dich dafür küssen !
Aber ich sehe das genauso wie "Fliegender Bulle": Das Ganze müsste in Deutsch her, damit es uns was bringt. Möchte nicht wissen, wieviele members jetzt nicken. Aber nehme an, Du überspielst die amerikanischen Originaltexte in den tread ?
Gruß
ampurist

[flying_bull01]

ein wert auf den ich vor ein paar tagen gestossen bin. fällt der unter diese kategorie?

[flying_bull01]

und noch 2 ganz junge!

[wwwillion]

flying_bull01,

ARTG fällt leider nicht darunter. Trotzdem vielen Dank für Dein Posting.

Ich werde versuchen darzustellen, warum ARTG die, zugegebenermaßen strengen, Kriterien nicht erfüllt.

1. Aktie zu jung. Dadurch lassen sich 5-Jahresergebnisse nicht nachvollziehen.

2. Das Unternehmen hat kein konstantes Gewinnwachstum. 1998 -0,25 KGV, 1999 -0,45 KGV.

3. Insider (Vorstand) halten keine Anteile.

4. ARTG gehört nicht zu den Branchenführern im Segment.

Die jungen Biotech-Unternehmen können natürlich nicht mit Langzeitgewinnzuwächsen aufwarten und fallen allein deshalb schon raus.

Es soll nicht heißen, daß diese von Dir vorgestellten Aktien, die ja einen schöne Chartentwicklung hinter sich haben, schlecht sind. Möglicherweise kann man da schöne Gewinne machen. Aber sie erfüllen die Canslim-Kriterien nicht, die das RISIKO MINIMIEREN wollen.

wwwillion

[wwwillion]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[wwwillion]

Sorry,

muß P/E heißen (Gewinn pro Aktie), nicht KGV.

wwwillion

[wwwillion]

Neu auf der Watchlist:

DSPG

wwwillion

[wwwillion]

Immer wieder verblüfft mich die Bestätigung der Überlegungen zum Kauf eines Canslim-Wertes durch ein paar Tage später folgende Nachrichten. So war heute zu SDLI folgendes zu erfahren:

(aus w-o)

Der Nasdaq wurde vor allem von der Entwicklung der JDS Uniphase Corp. negativ überrascht; JDS hatte zugestimmt, den Konkurrenten SDL Inc. für 41 Mrd. Dollar zu übernehmen, worauf die Aktie um 11,5 Prozent auf 102 7/8 US-Dollar fiel. Andererseits konnte allerdings SDL dafür zulegen: 11,1 Prozent auf 328 Dollar.
22:34 10.07, Björn Junker
© wallstreet-online GmbH

wwwillion

[wwwillion]

Neu auf der watchlist: BVF Biovail (canad. Pharma)

wwwillion

Stock Analysis of Biovail Corp.

Thank you for requesting an analysis of Biovail Corp. from VectorVest ProGraphics. The ticker symbol for Biovail Corp. is BVF. BVF is traded on the New York Stock Exchange and options are available on this stock.

PRICE: BVF closed on 07/10/2000 at $61.75 per share.

VALUE: BVF has a Value of $43.5 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s Price and Value always converge.

RV (Relative Value): BVF has an RV of 1.1. On a scale of 0.00 to 2.00, an RV of 1.1 is good. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks. We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.

RS (Relative Safety): BVF has an RS rating of 0.85. On a scale of 0.00 to 2.00, an RS of 0.85 is poor. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.


RT (Relative Timing): BVF has an RT rating of 1.76. On a scale of 0.00 to 2.00, an RT of 1.76 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s Price is in a downtrend.


VST-Vector (VST): BVF has a VST-Vector rating of 1.33. On a scale of 0.00 to 2.00, an VST of 1.33 is excellent. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.


GRT (Growth Rate): BVF has a GRT of 29 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or subsequently fall.

Recommendation (REC): BVF has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s, and sheltered from receiving "S" RECs.


STOP-PRICE: BVF has a Stop-Price of 51.06 per share. This is 10.69 or 17.3 % below its current closing Price. VectorVest analyzes over 7,400 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.


DIV (Dividend): BVF does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).

DY (Dividend Yield): BVF has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.

EY (Earnings Yield): BVF has an EY of 2.76%. This is below the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

EPS (Earnings Per Share): BVF has an EPS of $1.7 per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): BVF has a P/E ratio of 36.32. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.

GPE (Growth to P/E Ratio): BVF has a GPE of 0.8. This ratio suggests that BVF is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 1.1 for BVF is good.

DS (Dividend Safety): BVF has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.

RISK (Dividend Risk): BVF does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.

DG (Dividend Growth): BVF has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a company`s historical financial performance and the board`s current outlook on the future use of funds.

YSG-VECTOR (Yield-Safety-Growth Vector): BVF has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

VOL(100)s: BVF traded 783900 shares on 07/10/2000.

AVG VOL(100)s: BVF has an Average Volume of 381700. Average Volume is 50 day moving average of daily volume as computed by VectorVest.


% VOL: BVF had a Volume change of 105.4% from its 50 day moving average volume.

OPEN: BVF opened trading at $57.63 per share on 07/10/2000.

HIGH: BVF traded at a high of $62.25 per share on 07/10/2000.

LOW: BVF traded at a low of $57.31 per share on 07/10/2000.

CLOSE: BVF Closed trading at $61.75 per share on 07/10/2000.

% PRC: BVF showed a Price change of 7.6% from the prior day`s closing price.

INDUSTRY: BVF has been assigned to the Drug (Ethical) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.

BVF has below average safety with above average upside potential. It reflects a stock which is likely to give above average, inconsistent returns over the long term.

[wwwillion]

FORTUNE Introduces First Annual Lineup of All-Star Wall Street Analysts
MONDAY, JULY 10, 2000 10:17 AM
- BusinessWire
...
Biovail (BVF) Long-term EPSgrowth of 30%.
...

www.fortune.com

**************************************


Biovail Completes Development of New Celexa Formulation; Lundbeck to Initiate Phase III Studies
THURSDAY, JUNE 29, 2000 7:44 AM
- BusinessWire

TORONTO, Jun 29, 2000 (BW HealthWire) -- Biovail Corporation (NYSE:BVF) (TSE:BVF) announced today the successful completion of the development of a novel controlled release formulation of Celexa(R) citalopram.

H. Lundbeck, the developer of the original version of citalopram, and the owner of the new formulation, is expected to begin Phase III clinical trials in compliance with TPP guidelines.

Citalopram is an anti-depressant which belongs to a class of drugs known as SSRIs ("Selective Serotonin Reuptake Inhibitors"), is the best selling anti-depressant in 8 countries and has been introduced in more than 70 countries worldwide under several trade names including Celexa(R), Cipramil and Seropram. The worldwide market for such anti-depressants is estimated to be in excess of U.S. $10 billion annually, growing at a rate of more than 10%.

Compared to many other SSRIs, Citalopram has a better side effect profile and a lower incidence of drug to drug interactions. The successful completion of the technical phase of the development was demonstrated by the results of Phase I pivotal bio-availability studies conducted on commercial scale clinical batches. Biovail`s controlled release formulation has been designed to provide further improvements in patient tolerability and features a unique pharmacokinetic profile.

Biovail Corporation is an international full-service pharmaceutical company, engaged in the formulation, clinical testing, registration and manufacture of drug products utilizing advanced drug delivery technologies.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995. To the extent any statements made in this release contain information that is not historical, these statements are essentially forward looking and are subject to risks and uncertainties, including the difficulty of predicting FDA approvals, acceptance and demand for new pharmaceutical products, the impact of competitive products and pricing, new product development and launch, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company`s filings with the Securities and Exchange Commission.

CONTACT: Biovail Corporation
Kenneth G. Howling, 416/285-6000

URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.

*************************************************

[wwwillion]

Habe BVF zu $ 63 ins Depot genommen.
wwwillion

[wwwillion]

Heute sind auch 2 große Institutionelle a 100.000 Stück in Biovail rein.

ATH war (Mitte Februar) bei $ 72 (Schlußkurs ATH bei $ 70). Derzeit bei $ 68.

Für alle nicht so des Englischen Mächtigen:
Citalopram kommt von Biovail. Ist auch international unter den Namen Celexa, Cipramil and Seropram eingeführt und macht alleine 10 Mrd $ Umsatz.

Mit einem fortentwickelten Citalopram (Celexa) beginnen jetzt Phase-III-Studien. Es handelt sich um einen selektiven Serotonin-Inhibitor.

Der CEO hält übrigens 25% der Aktien von Biovail. Auch dieses Kriterium von Canslim ist also erfüllt.

[wwwillion]

US-Canslimdepot-Entwicklung läuft, wie erwartet:
APCC
TNL
PLT
CHP
SDLI
BVF

Vor einigen Tagen wurden entfernt, wie bereits geschrieben:
ORCL
ADMS

wwwillion

[woernie]

hallo wwwillion,

finde deinen thread sehr interessant!
hier ein vorschlag von mir: macromedia.bin mir nicht sicher ob alle kriterien erfuellt werden. habe auch nur auf die schnelle recherchiert. aber absolut alle kriterien sind glaube ich auch bei deinen werten nicht erfuellt.bei macromedia kann man die herausragende stellung in einem schnell wachsenden markt vielleicht zur kompensation heranziehen. die wachstumsraten werden m.e. eher ansteigende tendenz haben, da flash und andere macr-featurs mehr und mehr state of the art im netz werden.was bei macromedia noch dazu kommt ist viel, viel phantasy

Business Overview
Macromedia Inc. develops, markets and supports software products, technologies and services that enable people to define what the Web can be. The companies customers use Macromedia solutions to help build compelling and effective Web sites and eBusiness applications. Macromedia`s software business products include stand alone products for Web authoring and graphics creation as well as integrated solutions for mission-critical eBusiness applications. Macromedia`s consumer business, shockwave.com, provides entertainment experience on the Web by means of content, products and technologies that give consumers a next generation Web experience. The company markets its products through its websites as well as public relations activities, customer seminars and advertising.


Capitalization
% LT Debt to Total Cap 0%
Owned by Institutions 73.5%
Market Capitalization 5.4 Bil
Avg Dly Vol (30 days) 818,900









was meinst du ?

gruss woernie

[woernie]

hallo wwwillion,

ich hab` noch eine die vielleicht gnade findet.



Capitalization
% LT Debt to Total Cap 0%
Owned by Institutions 92.2%
Market Capitalization 21 Bil
Avg Dly Vol (30 days) 3,249,600

Business Overview
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a broad range of linear (analog) and mixed-signal (analog and digital) integrated circuits. The company`s integrated circuits are used in communications networks and devices, industrial control and robotics systems, a variety of measuring instruments, data processing systems, military systems, and medical equipment. The company also provides an array of high-frequency design processes and capabilities that can be used in custom design. Maxim operates wafer manufacturing facilities in Beaverton, Oregon and San Jose, California, and subcontracts the fabrication of a portion of its silicon wafers to outside silicon foundries.






gruss w.

[wwwillion]

Hallo woernie,

vielen Dank für Deinen Input. Ich möchte vorausschicken, daß viele Werte natürlich gut sein können und mit denen man schöne Gewinne machen kann. Die Canslim-Strategie legt jedoch die Messlatte sehr hoch.

Bei Macromedia stimmt das Gewinnwachstum nicht, und zwar weder kurzfristig noch langfristig. Das jährliche Gewinnwachstum soll mindestens 18%, besser 25% betragen. Hierbei ist die Gewinnkonstanz über 5 Jahre wichtig. Ferner muß das Quartalsgewinnwachstum ebenso hoch ausfallen. Lediglich 1 Ausrutscher ist zulässig.

0.59, -0.16, -0.16, 0.44, 0.12 sind die Ergebnisse der letzten 5 Jahre, damit fielen die Gewinne aber 2 mal.

Maxim sieht da schon weit besser aus. Was hier wiederum gerade noch akzeptabel ist, sind die shares outstanding. Idealerweise höchstens 30 Mio. Aktien - hier 238 Mio Aktien. Insider halten nur 0,78% der Aktien. Die Canslimstrategie geht davon aus, dass bei einem Insideranteil von mehr als 15% das notwendige Eigeninteresse vom Vorstand an einer positiven Kursentwicklung groß genug ist. Dann sind bereits über 92% der Aktien in Institionellem Besitz. Der Kauf durch Institutionelle ist aber die Chance für einen Kurssprung. Wenn schon alle drin sind, kann kaum mehr jemand größere Aktienposten kaufen.
Man versucht bei Canslim die Werte heruszufinden, bei denen ein Teil der Institutionellen bereits drin ist und wartet darauf, dass die nächsten Institionellen einsteigen.

Ein sehr wichtiges Kriterium ist irgendeine Neuheit - neues Produkt, neues Management oder (nicht ganz so aussagekräftig) neue ATHs.

Welche Ursache hatte eigentlich die hohe Tagesvolatilität der letzten 3 Wochen?

Viel Glück
wwwillion

[wwwillion]

Vor einer Woche habe ich DSPG auf die watchlist genommen. Bisher keine Kursveränderung. Am 19.7.2000 kommen die Q2-Ergebnisse. Ich vermute, daß diese im Bereich der Schätzungen liegen werden, sonst hätten wir im Vorfeld Kurs- und Volumenanstiege sehen müssen.

Bei einem Kursanstieg über $ 63 und gleichzeitigem Volumenanstieg hätten wir den idealen Einstiegszeitpunkt. Dieser könnte heute oder morgen erfolgen.

Heiß!

wwwillion

[wwwillion]

17.7.2000 Schlußkurs $ 63 13/16 bei Volumenanstieg (889.600). Jetzt kann die Canslim-Strategie zeigen, was sie drauf hat

wwwillion

[wwwillion]

Übrigens - wer dspg kaufen will: stoploss bei $ 52. Ich gehe heute rein (P/E 24). Q-Zahlen kommen am 19.7.2000 (Möglicherweise 1 Cent über den Schätzungen von 19 Cents). Kursziel Jahresende $ 95.

wwwillion

[wwwillion]

Stock Analysis of D S P Group

Thank you for requesting an analysis of D S P Group from VectorVest ProGraphics. The ticker symbol for D S P Group is DSPG. DSPG is traded on the NASDAQ and options are available on this stock.

PRICE: DSPG closed on 07/17/2000 at $63.81 per share.

VALUE: DSPG has a Value of $22.8 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s Price and Value always converge.

RV (Relative Value): DSPG has an RV of 0.94. On a scale of 0.00 to 2.00, an RV of 0.94 is fair. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks. We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.

RS (Relative Safety): DSPG has an RS rating of 0.88. On a scale of 0.00 to 2.00, an RS of 0.88 is poor. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.


RT (Relative Timing): DSPG has an RT rating of 1.74. On a scale of 0.00 to 2.00, an RT of 1.74 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s Price is in a downtrend.


VST-Vector (VST): DSPG has a VST-Vector rating of 1.29. On a scale of 0.00 to 2.00, an VST of 1.29 is very good. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.


GRT (Growth Rate): DSPG has a GRT of 34 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or subsequently fall.

Recommendation (REC): DSPG has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s, and sheltered from receiving "S" RECs.


STOP-PRICE: DSPG has a Stop-Price of 54.70 per share. This is 9.11 or 14.3 % below its current closing Price. VectorVest analyzes over 7,400 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.


DIV (Dividend): DSPG does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).

DY (Dividend Yield): DSPG has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.

EY (Earnings Yield): DSPG has an EY of 1.67%. This is below the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

EPS (Earnings Per Share): DSPG has an EPS of $1.07 per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): DSPG has a P/E ratio of 59.64. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.

GPE (Growth to P/E Ratio): DSPG has a GPE of 0.57. This ratio suggests that DSPG is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 0.94 for DSPG is fair.

DS (Dividend Safety): DSPG has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.

RISK (Dividend Risk): DSPG does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.

DG (Dividend Growth): DSPG has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a company`s historical financial performance and the board`s current outlook on the future use of funds.

YSG-VECTOR (Yield-Safety-Growth Vector): DSPG has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

VOL(100)s: DSPG traded 889300 shares on 07/17/2000.

AVG VOL(100)s: DSPG has an Average Volume of 396900. Average Volume is 50 day moving average of daily volume as computed by VectorVest.


% VOL: DSPG had a Volume change of 124.1% from its 50 day moving average volume.

OPEN: DSPG opened trading at $62.31 per share on 07/17/2000.

HIGH: DSPG traded at a high of $64.75 per share on 07/17/2000.

LOW: DSPG traded at a low of $60.69 per share on 07/17/2000.

CLOSE: DSPG Closed trading at $63.81 per share on 07/17/2000.

% PRC: DSPG showed a Price change of 6.4% from the prior day`s closing price.

INDUSTRY: DSPG has been assigned to the Telecomm (Equipment) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.

DSPG has below average safety with about average upside potential. It reflects a stock which is likely to give about average, inconsistent returns over the long term.

[woernie]

hallo wwwillion,

danke fuer die geduldigen erlaeuterungen zu meinen vorschlaegen macr und mxim.

ein paar fragen haette ich noch:

1. woher hast du die gewinnreihe von macr?
ich habe eine andere : 0,68 , -0,17 , 0,04 , 0,41 , 0,55
und geschaetzt fuer 01: 1.02 , fuer 02 : 1.52 ( cons. aestemate)

2. kenne mich auf den us-seiten nicht so gut aus:
wo finde ich shares outstanding?
wo erfahre ich wieviel prozent der shares von insidern gehalten
werden?

3. bist du bei vector west registriert ? oder holst du dir nur hin
und wieder eine free trial analyse?

dank dir vorab

gruss w.

[wwwillion]

Hi woernie,

die Gewinnreihe ist von Validea.

Hilfreich ist der spezielle Aktienbrowser von speedresearch. Man hat damit einen schnellen direkten Zugriff auf alle wichtigen Seiten, um Informationen in Minuten/Sekunden zu erhalten. Ich vergleiche intensiv die Analysen der diversen Seiten. Man kann sich da nicht verlassen. Bin deshalb eher zurückhaltend, was die Registrierung angeht.

Viel Glück
wwwillion

[wwwillion]

DSPG Q2-Ergebnisse:

Q2 2000 EPS 0,32 gegenüber Q2 1999 0,13
Q2 EPS erwartet: 0,19

wwwillion

**********************************

SANTA CLARA, Calif., July 19 /PRNewswire/ -- DSP Group, Inc. (NASDAQSPG) today announced its financial results for the second quarter ended June 30, 2000.

Revenues for the second quarter of 2000 were $25,713,000, an increase of 54%, compared to $16,702,000 in the second quarter of 1999. Net income for the second quarter was $17,255,000, an increase of 26%, compared to $13,709,000 for the same quarter of 1999. Earnings per share were $0.59 (diluted), an increase of 5% compared to $0.56 (diluted), in the second quarter of 1999.

Results for the second quarter of 2000 include a capital gain of $17,584,000 resulting from the sale of shares of AudioCodes Ltd. during this quarter. This capital gain is included under "Other Income (expense)" in the Company`s statements of income. DSP Group still holds approximately 2.08 million of AudioCodes` shares which represent approximately 11% of the outstanding shares.

Excluding the effects of the capital gains and the unusual items, pro-forma net income for the second quarter of 2000 and for the first half of 2000 were $6,771,000 or $0.23 (diluted) per share and $12,625,000 or $0.44 (diluted) per share respectively, compared to pro-forma net income excluding the effects of the capital gains for the second quarter of 1999 and for the first half of 1999 which were $3,129,000 or $0.13 (diluted) per share and $4,311,000 or $0.19 (diluted) per share respectively.

Eli Ayalon, Chairman and CEO of DSP Group stated, "We are very pleased with the second quarter 2000 results which demonstrated a persistent growth of the company in both our Products and IP Licensing businesses. We are specially encouraged by the growth of our backlog which continued to improve our visibility for the future."

Mr. Ayalon added, "This quarter we were honored by the addition of three companies to the increasing list of Licensees of our DSP Cores, the Atmel Corporation, the Marvell Technology Group Ltd. and Orckit Communication Ltd."

DSP Group, Inc. is a leader in the development and marketing of high-performance, cost-effective digital signal processing cores used in a wide range of applications for industries such as wireless communications, telephony and personal computing. By combining its DSP core technology with its advanced speech processing algorithms, DSP Group also delivers a wide range of enabling application-specific ICs, such as ICs for fully featured Integrated Digital Telephony, for 900 MHz Spread Spectrum wireless telephony products and for IP telephony applications

[wwwillion]

SDL Inc. (NASDAQ:SDLI) rose to 400 in after-hours trading after closing at 359-5/8 on the Nasdaq.

wwwillion

[woernie]

hallo wwwillion,

danke dir fuer die infos!
moechte dich nochmal auf macromedia aufmerksam machen.gab es am freitag und gibt es vielleicht am montag zum vorzugspreis! zumindest auf mittlere frist ( 3 - 6 monate ).eine konkurrenzlose und aeusserst profitable perle. schau dir die zahlen an. hier ist wieder mal ein analyst amok gelaufen und seine saat ist im derzeitigen umfeld auf fruchtbaren boden gefallen. chance!
ansonsten muss ich sagen bin ich in vielem absolut deiner meinung. beispiele: cisco, lucent. bei lucent habe ich mich bei 65 verabschiedet. cisco halte ich noch 500 stk. , aber nur aus nostalgischen gruenden. ausserdem sind die ``uebrig``. ich verkaufe , immer dann wenn ich bei ca. 100 % bin die haelfte meines bestandes um
meinen einstandspreis zu sichern. die ``uebrigen`` behalte ich a la long und ohne risiko.


so long woernie

Macromedia mit Kurssturz - Umsatz befriedigt nicht

Der Hersteller von Webdesign-Software, Macromedia (Nasdaq: MACR), geht heute
an der Nasdaq um bislang 28 Prozent in die
Knie. Ursache sind kritische Stimmen aus dem Analystenlager. Zwar
hat das Unternehmen zum zweiten Quartal Zahlen präsentiert, die
über den Erwartungen lagen, doch zeigen sich Analysten trotzdem
enttäuscht.



Der Umsatz ging im ersten fiskalischen Quartal um 85
Prozent auf 94,8 Mio. Dollar nach oben. Der Gewinn
liegt bei 26 Cent pro Aktie. Das sind fünf
Cent mehr als vom Marktforschungsinstitut First Call prognostiziert. Im
ersten Geschäftsquartal des vergangenen Jahres lag der Gewinn noch
bei sieben Cent pro Aktie.



Analyst Hany Nada von US
Bancorp Piper Jaffray stuft den Wert jedoch von „Strong
buy“ auf „Buy“ herunter und macht dafür die Umsätze
geltend, von denen er sich „etwas mehr“ versprochen habe.
Ähnlich äußerte sich die Banc of America Securities.



Aktuell notiert
die Aktie bei 79 Dollar.

[wwwillion]

Hi woernie,

Du siehst, wie oftmals die diversen Canslim-Indikatoren - hier das Gewinnwachstum - recht behalten. Ein solcher Kursabsturz ist schon ein Hammer - und das bei Umsätzen, die Macromedia bisher noch nie hatte und die das 20-fache des Durchschnittvolumens ausmachten. Da sind viele ausgestoppt worden und schauen bei einem Verkaufskurs von bis zu $ 63 ganz schön in die Röhre. Nachbörslich gings zwar wieder auf $ 80, aber das ist noch nicht ausgestanden. Ich befürchte am Montag noch weitere Rückgänge.

Und es nützt alles nichts. Wenn die Gewinne nicht stimmen, insbesondere im Markt der Neuen Medien, dann werden Aktien gnadenlos rausgehaut. Warte dann nicht auf sog. gute Einstiegspreise - sie sind es nicht.




Viel Glück
wwwillion

[wwwillion]

Es sind im Depot:

(WKN - Einstandskurs - heutiger Kurs)
APCC 40 47
TNL 98 106
PLT 100 140
SDLI 280 450
BVF 63 59

Der Rest wurde ausgestoppt.

wwwillion

[woernie]

hi wwwillion,

danke fuer die warnung (macr). ich konnte trotzdem nicht widerstehen und habe bei 84 zugeriffen. hoffentlich nicht ins fallende messer!

aber von fehlendem wachstum kann doch wohl auch nicht die rede sein:
10. quartal in folge mit rekordergebnissen. wachstum + 85 %. gewinn
+300% !!
o.k. wenn msft nur noch 0,6 % umsatzwachstum auf die beine stellt, zeichnen sich die grenzen des wachstums ab und die unzufriedenheit der analysten und des marktes ist nachvollziehbar! aber bei macr sind diese noch lange nicht erreicht. du musst dich nur mal in webdesigner-
kreisen umhoeren: macr und seine produkte sind konkurrenzlos .abgesehen von shockwave und flash ist auch dreamweaver schwer im kommen.

ueberhaupt verstehe ich das mit dem wachstum nicht so richtig: wenn irgendeine frittenbude ihren umsatz von 1,5 mio auf 3,8 mio ( =250%)
steigert jubelt die analystenschar! im vergleich dazu enttaeuschen 85% bei einem hochprofitablen unternehmen wie macr. oder selbst ein canslim wert wie dspg ist ja trotz guter zahlen ( fuer meinen geschmack! ) unter die raeder gekommen.
kopfschuettel!!

hoffe du haelst mich nicht fuer allzu stur.

auch dir viel glueck

woernie

[wwwillion]

Hi woernie,

ich arbeite selbst mit Macromedia - die Software ist Spitze. Aber das sagt nichts. Ich arbeite auch mit Fusion von Netobjects, ebenfalls Spitze, ebenfalls Marktführer und schau Dir den Kurs an.

Canslim analysiert übrigens nicht nur den Einzelwert, sindern sieht diesen 1. immer im Zusammenhang mit dem Gesamtmarkt und 2. mit dem jeweiligen Marktsegment. Die Erwartungshaltung ist bei IT-Werten sehr hoch.

DSPG zählt zu den Halbleiterherstellern, insbesondere im kabellosen Bereich und Glasfaserbereich. Dieses Segment leidet derzeit. Lieferschwierigkeiten sind angekündigt. Auch die Lizenznehmer von DSPG werden deshalb darunter leiden, sprich die Umsätze zurückgehen. Zu den Abnehmern von DSPG zählen die ganz großen, wie Cisco, Lucent, Nortel, Ericsson, Nokia, Vodafon und wie sie alle heißen. Wenn die Neubauten der Chipfabriken fertig sind, boomt die Branche wieder. Aber die Halbleiterindustrie war immer schon sehr volatil. Von daher gesehen ist auch DSPG nur eingeschränkt ein Canslimwert - eben langfristig.

wwwillion

[wwwillion]

Heute wurden die Gewinnschätzungen für DSPG angehoben:

http://www.marketguide.com/mgi/EarningsEstimates.asp?rt=mxea…

wwwillion

[wwwillion]

PWER gibt Split bekannt

wwwillion

Power-One sets 2-for-1 stock split

CAMARILLO, Calif., July 27 (Reuters) - Power-One Inc. (NASDAQ:PWER), a maker of power conversion products, said on Thursday its board of directors had approved a two-for-one stock split, which would increase the number of outstanding shares to about 73.6 million.

The split is subject to shareholder approval of an increase in authorized common stock to 300 million from 60 million. A shareholder vote is scheduled for Aug. 31.

Power-One shares closed at 135-1/4 on Wednesday. They traded as high as 160 a week ago, and as low as 9-3/4 last October.
Copyright 2000, Reuters News Service

[wwwillion]

APCC und DSPG wurden ausgestoppt.

Im Depot:
TNL,
PLT
SDLI
BVF

wwwillion

[woernie]

hi wwwillion,

ich habe mir die threads zu canslim mal heruntergeladen und will versuchen mich in die materie soweit wie moeglich einzuarbeiten. ich fahre fuer fuenf wochen in urlaub und werde mich boersenenthalsam erholen. habe ich mir jedenfalls fest vorgenommen. laptop und handy sind nur fuer den absoluten notfall (= platzen vor neugierde) und zur email-kommunikation an bord.

im september kann es dann losgehen. bin gespannt was dann an lohnenden canslim-werten in deinem depot ist.

viel glueck

gruss woerni

[JediRitter]

hi wwwillion,

habe folgenden artikel über canslim-werte aufgeschnappt !

darunter auch interwave, so bin ich auch auf diesen artikel gestoßen. ein ganz heißer favorit auf eine menge %.

schau dir den wert mal an.

gruß
jedi


AUG 1, 2000, M2 Communications - Visit http://www.thecoveredcall.com. Learn to
pick winning stocks using company fundamentals to qualify, and chart formations
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Take the July 2000 Investor Stock Poll! Tell us what you plans are for your
stock in this article or that you like. Interested in your favorite stock`s
t-shirt? Let us know and we`ll see what we can do!




Companies Reporting 8/1/00

Ilog (NASDAQ: ILOG) Q4 EPS Street estimate $0.12.

Sapient (NASDAQ: SAPE) Q2 EPS Street estimate $0.20.




Companies Reporting 8/2/00

Amkor Tech (NASDAQ: AMKR) Q2 EPS Street estimate $0.31.

Jacada (NASDAQ: JCDA) Q2 EPS Street estimate $(0.02).

Mercury Computer Systems (NASDAQ: MRCY) Q4 EPS Street estimate $0.21.

SCI Systems (NYSE: SCI) Q4 EPS Street estimate $0.38.




Companies Reporting 8/8/00

Cisco (NASDAQ: CSCO) Q4 EPS Street estimate $0.15.

interWAVE (NASDAQ: IWAV) Q4 EPS Street estimate $(0.13).

Lernout & Hauspie (NASDAQ: LHSP) Q2 EPS Street estimate $0.03.




Companies Reporting 8/9/00

Applied Materials (NASDAQ: AMAT) Q3 EPS Street estimate $0.68.




Companies Reporting 8/24/00

Crossroads Systems (NASDAQ: CRDS) Q3 EPS Street estimate $(0.02).

Learn to profit from this information at http://www.thecoveredcall.com.

((M2 Communications Ltd disclaims all liability for information provided within
M2 PressWIRE. Data supplied by named party/parties. Further information on M2
PressWIRE can be obtained at http://www.presswire.net on the world wide web.
Inquiries to [e-mail])).