SI
SI
discoversearch

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 : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (15582)1/15/2003 6:16:27 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 16631
 
Dan, the only negative for NLS IMHO is the 9M shares of short interest and their constant dog - Herbie - who manages to drop the stock 6 points (several months ago) because the financial officer had one degree in stead of 2 over 20 years ago. He got another couple points because he couldn't understand some of the royalty payments.

I have followed NLS for several years and it has been a nice money maker until 2002 when the shorts loaded up on it and then got a mouth piece to continually bash it.

They own bow flex and nautilus exercise equipement and when the analysts started looking for faults they added the Schwinn fitness centers and then the sharks had to relay on shere "mass". They have slowed some growth but still have strong value IMHO.

I thought they were about to break out of the gutter they had been put in when they hit 16.75 but then there was the statement of not being able to hit the lofty growth estimates by the analysts and down it came again. It had come off a double bottom near 12.50 and it just might go for a triple bottom. If you can't beat a stock any other way then over estimate the earnings which they can't possibly meet and it gets them every time.

I have a small holding but expecting a report around 1/21 and we'll see what happens then. I'd hold off until we see earnings.

Bruce