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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: katy hohmann who wrote (4165)1/18/1999 12:15:00 AM
From: Bruce A. Brotnov  Read Replies (1) of 6445
 
Katy, AKLM previous qtr had 406% Quarterly sales increase and 999 earnings increase, then the last report it dropped to 14 and 19% respectively. They announced .19 to .21 but the next day it was .19 and diluted was but .16 and EPS dropped from 76 to 57 rating. The IBD article sounded pretty good for them, but I think the street was expecting more. That may have been why it took so long to go from 9 to 10 as well a few weeks ago.
Probably get a pop on Tues from the IBD article, but I'm not sure it can get through 12 without some new strong news or another quarter. At any rate it dropped from 6 to 0 rating and is usually a pretty good sell sign. Remember Parlaux Fragrances, it was a high rating around 12-14 and drifted down to 9 and rating dropped and I cut it out of database and it went on down to 4-5 area and I don't know after that. Your DRIV is still way up for you at any rate. <G>

Bruce
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