CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: froche who wrote (5142)	8/17/1999 11:47:00 AM
From: Bruce A. Brotnov	Read Replies (4) of 6445

Frank, I think AVTM is pulling back because they met and didn't exceed earnings estimate. Some times good is not good enough. I posted the earnings to the database and it looks like the rating remains an attractive 7, but we may see a little more selling on the news. It has support at 50 DMA (7 1/2) and that would be a nice buy a little above that at 7 5/8 or 7 3/4 but I don't know if it will break 8, unless we have a market pull back before 24 Aug. If I wanted for the long term I might buy 1/2 at 8 1/8 and then wait to see if it pulled back into 7s for the rest of my position. I am still holding from a couple months ago and see no reason to sell. I think CHEZ is a good buy at 8 1/4 as well. See my notes on the web (members area) for more comments. I am at home in the mornings today and tomorrow and then tied up with carpet replacement Thurs and Friday. Bruce

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