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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: John Morrison who wrote ()2/24/2000 11:52:00 AM
From: David Alan Cook  Read Replies (1) of 6445
 
MTIC Bucking the rend today. My 3 reasons for buying at $9.31 Close on 9 May 99:
1) Stock trades at a steep discount to the Industry Avg Price Ratios
2) Technical Indicators are positive:
siliconinvestor.com
3) New products offer promise of a turnaround in earnings and revenue going forward.

Sticking with my Buy and Hold approach in turnarounds like MTIC. Stock hit a new high today.

* PUMA and MLT Doing well. Pullback in DIAN after it hit another new high.

DC
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