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

To: James Wright who wrote (3196)	3/25/1998 9:45:00 PM
From: Grantcw	Respond to of 6445

Interesting James, I think we have pretty much the same criteria for looking at investments. This last search I looked for followed these guidelines: 1. Relative Strength > 90 2. Qtr EPS growth > 50% 3. Shares outstanding < 15 million at the most. (more like 10) I'll give you the rundown of the three companies I own according to your criteria. RADAF MEMCF AXNT RS 99 92 71 EPS 77 74 93 Qtr Rev Growth 109% 97% 87% Qtr EPS growth 258% 92% 63% Float (millions) 6.4 4.6 8.0 Mgmt. Ownership 37% 30% 34% Not so sure about institutional holdings. All have formed cups over the last few months and have broken out on high volume. I'll be sure to check out HAUP. I am fully invested though and may just watch. Looks like all of the numbers match up pretty well. I believe AXNT and MEMCF are both beginning to be leaders in the internet software security emerging market. RADAF has kind of carved its own niche in the hand held game field, so I guess it's a leader in its niche. Tell me what you think. Grant

To: James Wright who wrote (3196)	3/26/1998 1:48:00 PM
From: Bruce A. Brotnov	Read Replies (2) \| Respond to of 6445

I think you have figured out we are a little loose with CANSLIM, esp the min $12 limit. Many of the MFs used to thumb their nose at "penny stocks" less than $12 when O'Neill published the first CANSLIM, but they are rapidly adding small caps including stocks under $12. I too bought LGWX in the 10s and my biggest gainer last year was IFCI, but the CANSLIM method does work. However, I like the principles applied to a wider variety to stocks, especially growth stocks, many of which don't have 5 years of EPS records. Bruce