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Strategies & Market Trends : Poorman's - CANSLIM Potential Stocks

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To: Bruce A. Brotnov who wrote (36)3/6/2000 1:46:00 PM
From: Bruce A. Brotnov  Read Replies (1) of 128
 
Just updated and sent out e-mail the PE's for 51 stocks (in the models and/or candidates) and with the exclusion of 4 with no PE computed or listed as 99 in IBD, the average PE of the 47 stocks are 21 vs Average sector PE of 50. Sector PE is conservative from Telescan based on 2/25 when DOW was under 10,000.

$10K up 109% from 1 Jan 2000
$100K up 122% from 1 Apr 2000 (held back by retail pullback)
$1M up 102% from 1 Sep 2000 (just hit double point today).

We still have upward potential growth in the models if the market continues sideways and/or up.

Bruce a/o 3/6 at 10:30 am PST
www.poormans.com
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