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 : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: Dave H who wrote (3852)	11/19/1997 10:58:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 4701

Ed, you are taking stats out of context in your comparison of "POW Performance Compared to DOW 10/24/97 - 11/19/97" DJ-30 10/24/97: 7715.41 11/19/97: 7724.74 Change: +0.01% POW 10/24/97 11/19/97 Change ----------------------------------------------- APCO 6.0 5.84 -2.7% ATPX 13.4 14.13 +5.4% BLSC 6.0 5.13 -14.5% BOSCF 5.84 5.38 -7.9% CADE 3.13 2.75 -12.1% DIGL 19.88 19.63 -1.3% HURC 8.63 8.38 -2.9% MLOG 7.25 7.38 +1.8% MTON 8.75 7.94 -9.3% NOIZ 3.38 2.81 -16.9% RADAF 13.94 15.50 +11.1% RECY 6.25 7.00 +12% RLLY 3.69 3.56 -3.5% SEEQ 3.47 3.75 +8.1% TRIBY 2.81 2.44 -13.2% VCR 2.56 2.69 +5.1% Let's throw out DIGL from the stats to start as it was not a POW until after 10-24-97. ( DIGL is up as a POW). VCR was also not a POW until after 10-24. (VCR is up as a POW). CADE was picked as a POW at a price of 1.75. HURC was a POW almost 90 days ago. It's up significantly since it was picked. RECY is up OVER 300% since it's original POW report. BLSC sale was recommended. MTON fundamentals have changed. RLLY, TRIBY are lower than when their POWs were issued. Just wanted to point out that the POWs do not represent a mutual fund or a recommended portfolio. As such, to pick a date at ramdom for comparison of the POWs to the DOW serves no reasonable purpose and is not an accurate measure of the success or failure of the POWs. Sergio

To: Dave H who wrote (3852)	11/20/1997 12:18:00 AM
From: Instock	Read Replies (2) \| Respond to of 4701

Dave H: Why not compare the POW's to the NASDAQ instead of the Dow? I beleive these are all Nasdaq stocks, correct? Thought so. OK The Dow Chart: quote.yahoo.com^DJI&d=3m The Nasdaq: quote.yahoo.com^IXIC&d=3m As you can see from above,the Small Caps are lagging behind the DOW in the recovery. The DOW might be back, but the NASDAQ has another 60 or so points to go. NASDAQ closed today at 1601.22 Change +0.78 (+0.05%) WOW, up a whole 0.78 !!! AT this rate, it could be a few more weeks before the NASDAQ is back to pre 10/30/97 prices. That's the NASDAQ, we have stocks here that are more the lower end of the NASDAQ, and those got hurt harder then the NASDAQ as a whole did. Remember, there are many DOW type stocks in the NASDAQ. I would expect that the Lower price NASDAQ stocks will need more time to recover then the whole NASDAQ, just as the NASDAQ needs more time then the DOW. Its great that these LOW Priced NASDAQ Stocks Beat the DOW: ATPX,MLOG,RADAF,RECY,SEEQ,VCR The others that got beat by the DOW, is what I would expect from LOWER PRICED NASDAQ Stocks. Lets see, NOIZ was the biggest loser. Maybe I will load up on that one since it has the most room to recover and is probably very oversold! Thanks for the list!! Ah, what was your question again? Instock

To: Dave H who wrote (3852)	11/20/1997 7:36:00 AM
From: Dave H	Read Replies (4) \| Respond to of 4701

REVISED: POWs, NASDAQ, RUSSELL 2000 10/24/97-11/19/97 ------------------------------------------------------ sigh. first off, I think my posting this info was greatly misunderstood. 1) I am NOT trying to "prove" anything. 2) I am NOT saying POW stocks are bad. 3) I am NOT trying to treat the POW stocks as a DIS mutual fund. 4) I am NOT trying to make anyone feel bad. 5) I am NOT looking for short term gains on POWs, and am NOT trying to say the POWs failed in any way. 6) I AM trying to provide an alternative view to performance of POW picks during a severe market downturn and subsequent rally. 7) I AM trying to make people think of POW stocks not as automatic investments (ie mutal fund) but as stocks which one should always do DD by oneself, as well as track by oneself if invested, as well as make sure to have a good idea of time frame, goals, and loss limits. 8) I AM doing this for my own personal interest as well -- I for one am impressed by some of the stocks that have performed well: for example, SEEQ-- lots of people have been feeling that SEEQ has been in trouble lately; but look at it's performance during the market correction! And I for one find the performance numbers very interesting. If I were to invest in a POW, I would have at least a 3 month time horizon for the short term goal (whichever came first), OR, if I went down a certain % and certain trendlines were broken, I'd be out. I am making no recommendations here. My list below is statistical in nature and makes no recommendations by itself. I wanted to make people think and discuss, not just dismiss the whole thing just because I happened to compare them to the Dow, or I added up all the performance numbers together. Well, this will be my last post on this subject. I wanted to repost the list though compared to NASDAQ and the RUSSELL 2000 since I seemed to be ridiculed for comparing them to the Dow. You might be surprised to find things didn't change that much. NASDAQ 10/24/97: 1650.92 11/19/97: 1601.22 Change: -3% russell 2000 10/24/97: 447.53 11/19/97: 430.69 Change: -3.8% POWs (in order of performance, picks before 10/24/97 only) ----------------------------------------------------------- POW 10/24/97 11/19/97 Change ---------------------------------------------------------------- ----->BEAT THE NASDAQ, RUSSELL2000 RECY 6.25 7.00 +12% RADAF 13.94 15.50 +11.1% SEEQ 3.47 3.75 +8.1% ATPX 13.4 14.13 +5.4% MLOG 7.25 7.38 +1.8% APCO 6.0 5.84 -2.7% HURC 8.63 8.38 -2.9% ---> BEATEN BY NASDAQ, RUSSELL2000 BOSCF 5.84 5.38 -7.9% MTON 8.75 7.94 -9.3% CADE 3.13 2.75 -12.1% TRIBY 2.81 2.44 -13.2% NOIZ 3.38 2.81 -16.9% --------------------------------------------------------------------- (totals will not be shown since i don't want to imply this is a mutual fund.) -dave