Re: [CANSLIM] Introduction: John F. Nogueira, Jr.

From: Tim Fisher <tfish@spiritone.com>
Subject: Re: [CANSLIM] Introduction: John F. Nogueira, Jr.
Date: Wed, 10 Sep 1997 07:52:32 -0700 (PDT)

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At 07:50 AM 9/10/97 -0400, you wrote:

>I was not familiar with GECM (Genicom), thanks for pointing it out.
>Just went and took a look at it at DG Online and does look
>attractive. It's nr 1 in its group (Computer peripheral equip) with
>good CS nrs. Growth has been steady, as has the price move from the
>$6 base now up to 14. The only neg I saw was timeliness of C and
>the large float compared to the issued (over 9 mil to 10 mil). On
>small float stocks I prefer to see management having a vested
>interest in equity and look for no more than a 50 to 75% float max.
>Without knowing the history of this co, it's possible that they did
>a lot of acquisitions by issuing new stock, and this might account
>for the larger than average float. However, the large debt would
>argue against this since they have been profitable for the past
>three years.
>
So how does it qualify as a CANSLIM stock? Sounds like the low insider
holding and high debt would disqualify it and help explain the poor volume
on the breakout?

Tim Fisher
tfish@spiritone.com
1995 President - Pacific Fishery Biologists
Keeper of the ORE-ROCK-ON Rockhounding in Oregon Home Page
http://www.spiritone.com/~tfish

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