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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Sam Raven who wrote (6178)12/22/2001 7:12:56 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 6445
 
Sam, there probably is some validity to the stretch run of Bowflex and Nautilus Equipment (who they bought out a few years ago) and that is why I am excited about their purchase of the defunct Schwinn and taking over their fitness centers as this should help their revenue base and with the diversification quiet the shorts who have harped on the Bowflex for nearly two years - yet the earnings keep coming in strong. They are the top rated stock in my database of 105 stocks and have been there most of the year. (Rated 11 of 12 possible points). I sold just under $32 the other day and bought back just under $30 although with patience I would like to have seen it bounce off support at $28. However, I just don't like to be without DFXI in my holdings as I have been in and out for several years and mostly in. It has survived the tech plunge and been pretty solid while most stocks were plummeting since April 2000. Great stock IMHO.

Bruce



To: Sam Raven who wrote (6178)12/22/2001 8:10:22 PM
From: Carl Worth  Read Replies (1) | Respond to of 6445
 
just out of curiosity, i put "bowflex" in on ebay to see how many were listed and how they are selling...it actually looks like there are very few for sale (19 came up as active listings, not all of which are complete units, some are accessories) and the ones that are for sale are selling for a high percentage of what they go for new (an XTLU which apparently sells for a bit over $2000 new sold on ebay for $1750 used)

though it's very unscientific, this would indicate to me that the units are pretty popular still and that buyers are reasonably satisfied with them

maybe the shorts don't read ebay <g> i sure know the advertisements are annoying, maybe the shorts are shorting because they are tired of the ads <g>

carl