CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (4695)	5/10/1999 12:37:00 PM
From: James Wright	Read Replies (2) of 6445

Bruce -- From a technical standpoint, SFP at 40 looks like it is breaking out of a flagpole / pennant formation. If so, it should rise to the low 50s before hitting its next resistance level. Time will tell however. But with a PE of 11 and a 100% earning growth rate, I see little risk in buying for those who have not already loaded up. When I originally bought early this year in the high teens, the PE was a round 10. Now that it has hit 40, the PE is around the same. What a great stock! -- Jim

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