Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Line Investment Survey -- Ignore unavailable to you. Want to Upgrade?

To: KevRupert who wrote (9)	6/9/2000 7:06:00 PM
From: EL KABONG!!!	Read Replies (2) \| Respond to of 219

advalorem, I currently screen for growth stocks with a market average Safety factor of 3, and earnings growth prospects in excess of 17% annualized. I take roughly a full quarter to analyze any stock in which I might choose to invest, and then look to hold long term, maybe 5 years on the short side to almost forever on the long. <g> And I hate paying short term capital gains taxes. Generally speaking, I shun high P/E stocks and/or momentum stocks. It's not that these stocks are lousy companies. It's just that I don't like paying a premium price per dollar's worth of earnings. An apt analogy might be, why buy a Mercedes when a Toyota is more than adequate? I also keep a close watch for stocks that are decent value plays. These stocks may not (or may) have the minimum 17% projected growth rates, but they have been so shunned by the market that their current price is extremely undervalued relative to current earnings and future growth prospects. Though I don't have a watch list of these value plays for you to look at, two of the current crop of stocks would include CCL and RCL, both of which I've been studying intently now for about 4 months. Both stocks currently carry higher than normal risks for their industry; hence the reason that the market currently disfavors both stocks. And I would hold these stocks only as long as they were undervalued. At the time their per share price approaches full valuation, I would sell (regardless of how long I had held them) if their growth rates did not exceed my minimum 17% requirement. Here is my current watch list of stocks (culled from last week's VL data)... siliconinvestor.com Of those listed, I have a position only in ROST. I would emphasize that the list is a watch list only. Many of the stocks listed there have very unique risks that may not make them suitable for most investor's portfolios. However, all have outstanding future growth prospects, assuming no unforeseen calamities and therein lies the rub (risk). KJC PS - The VL CD-ROM version is a far superior product to the older print versions, though the data contained in both is virtually identical. On their website, VL has a demo copy of the CD-ROM software that you can download and preview for free. However, I would warn you that VL is currently in the process of converting the CD-ROM process to an Internet based product. They have already distributed preview software of the new Version 3 product to current subscribers.