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Strategies & Market Trends : Poorman's - CANSLIM Potential Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Carl Worth who wrote (54)	6/12/2000 1:43:00 AM
From: Bruce A. Brotnov	Respond to of 128

Carl and Scott, please hold off on those large block buys of ACLNF until us small investors get ours bought. LOL Take a look at INTD as it shows PE of 12 (large earnings report last time of .86 but it may have been a one time sale of investments, etc) but it is starting to look good along with ASYS again. BIME acts like it wants to get back through $1, but I'd kind of like to see a new earnings report first. I also like CHKE too, but it has had a lot of problems in the past holding up volume. Bruce

To: Carl Worth who wrote (54)	6/12/2000 11:21:00 AM
From: ST Trader	Read Replies (1) \| Respond to of 128

From News (5-30-00)!! First quarter results were effected by a strategic repositioning that may affect operations going forward. A shift in operations toward prepaid freight shipments away from the historical freight collect model has had a positive effect on the free cash ratio. Free cash increased by 91.5 percent since year-end. Free cash as a percentage of total cash has improved from 18 percent to 33.2 percent, an improvement of 15.2 percent over the fourth quarter of 1999. This shift has resulted in a reduction of total number of cars shipped for the quarter. The reduction of volume has been principally in North Africa. Carl, the reason I believe the numbers to be inflated during this quarter is because of the statement in the 10Q (This shift has resulted in a reduction of total number of cars shipped for the quarter.) How could revenues increase when the number of cars shipped decreased?? It seems to me that they are now getting the money before they ship the product rather the when it arrives!! So the question is, did they still include the shipments that were ordered in the 3rd and 4th quarter of 1999 in the 1st quarter of 2000's income statement? This would inflate the 1st quarter due to the fact that all cars shipped in the 1st quarter, and the accounts recievable from prior quarters that were paid during the 1st Q, were included in the 1st quarters numbers!!! I am far from an expert on this subject, so please feel free to correct me if I am wrong!!! I will probably stay away from purchasing, until next Q's numbers are released!!! Scott