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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (24607)2/5/1999 11:10:00 PM
From: TA2K  Respond to of 120523
 
Jenna, I was wanting to weed out some stock symbols based on a few fundamentals. Would you mind looking over the following list (from Market Guide) and picking a few that you might suggest using for weeding -- I'll worry about the actual numerical cut-off on them later (unless you want to suggest that as well).....

shares outstanding
float
inside owned %
institutional owned %
short int.
short int. ratio
cash flow/ share
sales/ share
return on equity
return on assets
gross margin
inventory turnover
asset turnover
receivables turnover
earnings
revenue growth rate
e/s growth rate
debt equity ratio
current ratio

Thanks,
Nicholas



To: Jenna who wrote (24607)2/6/1999 6:20:00 PM
From: TA2K  Respond to of 120523
 
Jenna, This message provides some further ideas on the fundamental factors I'm presently trying to come up with. Let's say I'm going to attempt to trade the following basic TA system:

MACD(12,26,9) crossing up through zero
Stochastics(12,3) crossing up through 20
Price appears to have bottomed short-term and now heading up

The probability is fairly high that a 'fundamentally standard' stock will continue higher, passing through the above system TA points.

Fundamentally 'weaker' stocks, however, are less inclined to continue the ascent, will probably just head-fake up, but then continue on to lower levels.

Some fundamental criteria have to be used to weed out the 'standard' from the 'weaker' companies. And this is what I am trying to arrive at presently, and have sought your help and the help of others.

time frame: 5 trading days or less, in and out
long or short: buying long only
% return goal: at least 7-15% over one of the five trading days
risk tolerance and volatility: fairly risk-averse
exchange-nyse-amex-nasdaq-bb: primarily nasdaq
industry preference: don't see as important with the particular system that is primarily based on TA
price range of stocks focused on: $1 to $10, as these seem to have the greatest percentage short-term movement.

There are about 4000 stocks in my grand list. Using fundamental criteria, I'd like to whittle this down to 2000 or less, eliminating at least half. Then I'd like to locate only those meeting the specific TA system requirements.

Do you have any further hints about the fundamental criteria I might use to weed out the 'weaker' companies?

Thanks,
Nicholas



To: Jenna who wrote (24607)2/7/1999 10:57:00 AM
From: Doug Robinson  Read Replies (1) | Respond to of 120523
 
GSPT - Rumored Website; Good previous quarter and earnings
coming; new management team(looks good IMHO); interesting
product line. Only covered by one analyst that has a strong
buy on it. Anyone have an opinion? Looks interesting -
do your own DD. I've picked up some shares during the past
month and the stocks been trading between 12-16.



To: Jenna who wrote (24607)2/8/1999 1:49:00 AM
From: Michael Berkel  Respond to of 120523
 
CMGI: On the Red Herring Top 10 list of Top Picks for 1999. "Invest once, profit everywhere".
Read: redherring.com



To: Jenna who wrote (24607)2/8/1999 8:35:00 AM
From: profit_guy  Read Replies (1) | Respond to of 120523
 
Jenna, NSOL reports Feb. 10th A.M. (confirmed) - What's your call?