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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (19956)	7/24/2003 3:28:27 PM
From: - with a K	Read Replies (1) \| Respond to of 23153

Thanks for the explanation. FWIW, I'm in WRLD at $13.80 From the little I know of chart reading, it looks like it's rolling over. Why did I buy then? Mainly FA: low PEG, rising margins that are higher than industry, nice ROE, good valuations (less than industry multiples, per Market Guide), Ralph Wagner owns, 33 new offices, and nice EPS growth since 1999. Plus it is in the IBD 100 and has strong Morningstar and Stock Scouter grades. I may be wrong because of the chart, but everything else looked good to me. Company: WRLD Date: 7/24/03 2004's expected earnings: $1.45 (vs. mean of $1.47) Estimated 5 yr. EPS growth rate: 10% (vs. 2 analyst's 15%) P/E maximum if not 8.5: 10 Graham Fair Value: $30.62 Current Price: $14.14 $ difference: $16.48 Percent Growth to Fair Value: 116.58%

To: chowder who wrote (19956)	7/24/2003 7:18:38 PM
From: Warpfactor	Respond to of 23153

<<<There isn't any easy way to track the IBD 100. You merely have to scan the charts every week, looking for buying signals. Anything worth having is worth working for, in my opinion.>>> If there were an easy way, then too many people would be able to do it. If too many people are able to master a market trouncing strategy, then in a short period of time it would not work anymore. Therefore there must be a high level of effort and experience rin order to produce high end results. Good Luck and keep us posted on your level of success. Warp

To: chowder who wrote (19956)	7/27/2003 6:11:50 PM
From: - with a K	Respond to of 23153

dabum, >>LEXR had the fundamentals, so then it was a matter of looking for an entry. I did a somewhat time consuming glance at each of the IBD 100 stocks off of a two week old list I have. I wanted to see if I could copy your LEXR example of good fundies and good entry points. I did a screen for debt, industry (no homebuilders), growth, valuation, upside potential, among other items, and cross-checked for high ratings from Value Line, MSN Stock Scouter, and Morningstar. For some I did a Graham Fair Value calculation, if the interest was high enough. I came up with a list of 13 names to study further, including WRLD, which I just purchased. The rest were eliminated from this exercise, mainly for valuation reasons of other things mentioned above. These are not cheap value stocks, but they are strong growers with many things going for them. Some I have been considering for awhile, like NYB and KSWS. While I'm not well-versed in matching volume, candlesticks, and other TA measurements, I can tell some charts look quite strong, perhaps like a LEXR: DRL, SCHN, and UTIW. Others have fallen slightly and might present good entry points off of support (if I read these correctly!): LCI, BSTE, WRLD, FDS, and ELAB. Any thoughts on any of these? FWIW, FDS impressed me: nice margins, good ROE & ROA, no debt, business model, strong EPS growth over last 5 yrs., excellent ratings, small dividend, pulled back to 10-dma support. The list: BSTE DRL ELAB FDS KSWS LCI MME NARA NYB ODFL UTIW SCHN WRLD finance.yahoo.com