CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (5328)	10/17/1999 1:17:00 PM
From: David Alan Cook	Read Replies (1) of 6445

Bruce, I recommended PUMA on 23 Nov 97 at $8.06 Ask. I recommended selling 50% on 5 Sept 99 at $15.44 Bid. Since then, the stock has more than doubled. Stock has been very strong even during the latest market correction. Noticed another analyst recommend a buy with a target of 45. My three reasons for buying were: 1) New technology offers promise of rapid growth 2) Improving fundamentals versus a year ago 3) Insider ownership. . .Insiders own about 25%. However, given the recent rise, I am likely to sell another 25% and hold the remainder. Staying with my buy and hold approach to small cap stocks Take Care DC in Wash DC

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