Hi Bruce,
Yes, Ikon Office Solutions and IKN (ticker symb.) are one in the same.I'll probably use the same forward projections of Sales and Book value growth to decide if it remains a "keeper."
I'll be installing Newport to my new "box" later, but since it's W95, I don't anticipate any problems in bringing over the files. I'm glad that you reported the peculiarities of the W-NT setup. I'm sure Bob will find it interesting. He monitors the boards here, but doesn't do much writing (except to straighten me out!).
You are right about using a fat SAFE; it delays the first Buy or Sell, but after that, AIM takes over as usual. However, there are times when we would like to expand the "hold zone" and prevent premature purchases or sales. In my case with IKN, I felt that the initial buys should be depressed to where I felt the fundamental value was more realistic than it had been. After it reached that threshold, I didn't mind if it had repeated buys as I restocked the shelves of V.I.E.W.
Sorry to hear about the problem regarding the initial cash reserve point of your Newport files. Something you can do to make the histories look right is to reconcile the cash reserve for each holding, and then, using the Trade window and the ADD CASH or REDUCE CASH buttons, make the change necessary - but at the first date in your history file. Check to see what the first entry date is in your HISTORY and then use that date in the TRADE window. Newport will then adjust the cash reserve for the entire history. This makes the Bar Graph look better than if there's a bit bulge or dip in the cash after being stable for long periods. Hope this helps.
Best regards, Tom |
