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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (7312)4/21/1999 10:43:00 PM
From: Bernie Goldberg  Read Replies (2) | Respond to of 18928
 
Hi Tom,
ATSN looked good enough to buy so I put in an order at 16 3/4 when it had dropped down to 17 early in the day. The order was filled about twenty minutes later an it closed today at 18 1/4. That's over 8% for the day. As Bob says just think what that would be annualized.
I first read a report on the stock on the Multex site.

Then I went to Waterhouse and got an S&P report which gave it the highest rating (5), and placed its Fair Value at 29. Insider activity was neutral and Relative Strength was 86. The worse thing I could say about the stock is that the Beta is only .79. Earnings appear to be growing at a 33% rate and revenues are growing at a 17% rate while debt is decreasing about 2-3% annually. Their cashflow is increasing very nicely and there is a 25% return on equity.

Waterhouse also has a research area called second opinion. ATSN was just upgraded there from avoid to neutral. It gives many Technical parameters ALL of which were up and bullish.

After that I went to Vectorvest. The only stocks I own that Vectorvest agrees with me on are MRK and APCC. Well, Vectorvest says that ATSN is a strong buy. This is in my IRA to which I have made what is probably my final contribution, so I figured I would give it a shot with a few hundred shares at 16 3/4. I'll wait for it to go up a little ways and then spin off some cash reserve. Since I don't have 10000 in it I probably won't get to do much AIM trading with it but it does have an AIMish looking chart. Take a look and let me know what you think.
Bernie