***OT***
I didn't know you were a LGTO man. I sold my LGTO long last
Friday. I am starting to review and consolidate my holdings.
jay.
thanks for noticing. for the record, i'm currently not a shareholder of legato, but have been avidly following it for some time -- many of the stocks i own (and track) are of the high P/E, high earnings growth, momentum-ish variety. fwiw, i discovered it while toying with william o'neil's CANSLIM screen (including a few of my own personal fundamentals like ROE, profit margins, and debt). but please don't take that as an endorsement of o'neil, particularly his +25% / -8% churn criterion. or his cuppa cuppa charts. i'm strictly a long-term investor.
if you indeed like(d) the fundamentals of LGTO as long-term investment--vice trading--and aren't deterred by two to three score P/E's, then i invite you to do your own due diligence on paychex (PAYX) and safeskin (SFSK), two of my favorites. while not as 'glamorous' as LGTO, they're both niche players, in the payroll services and medical glove business, respectively, with excellent fundamentals and growth potential.
i'm as wary of hype as the next guy, so my apologies if you infer this as such and for cluttering the board at large.
-chris. |
