| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 114.1 | Let's Start with the Chart | SMOGGY::HESSE | DR. DEC 32 bit NEUROSURGEON | Fri Mar 20 1992 00:51 | 21 |
|
In addition to the price history, there are 2 lines plotted on
the chart at the top of the page whose meaning isn't readily apparent.
1) a dotted line labeled "Relative price strength" that seems to track
the price at some percentage below the price.
2) a solid line labeled "N.N x 'cash flow' p sh". (where N.N is some
number usually between 5.0 and 12.0). this one turns into a dashed
line about a year back, and is projected a year or so into the
future. On some stocks it's a fairly smooth line, on others it
swings radically above and below the price line. by the shape of
the curve, it seems to be plotted annually rather than monthly.
What do these plots mean?
How are they used to evaluate a stock?
-Bill
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| 114.2 | | VMSDEV::HALLYB | Fish have no concept of fire | Fri Mar 20 1992 11:30 | 16 |
| 0) Start with "Capital Structure". A company that has a lot of debt will
usually have trouble in recessions and will do better in expansions.
1) "Relative price strength" looks at the stock vs. the VL composite index.
An increasing price strength is good news, until it starts decreasing.
2) Broadly speaking, you want the cash flow multiplier to be as low as
possible. This indicates the company is moving products/services.
I think you also want this line to be moving up faster than the price,
indicating an improving situation. Multiplier values are first a
function of the industry, so don't use this to compare across industries.
Remember the Value Line mutual funds are rarely the head of any pack,
so don't go overboard on their ranking system.
John
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| 114.3 | A trial subsciption may be what you needed. | REGENT::LAI | | Thu Mar 26 1992 15:37 | 18 |
| If you do a trial subscription for 10 weeks ($60 or so), you will get a
video tape shows you how great it is, a manual tells you how their ranking
system works, a collections of last 10 issues of value line so you can add
new issues to it. And during subscirption period every week you will receive
value line outlook a news letter, a summry of all stock, and a new issues
to replace one of the 13 old issues. By
the end of the trial subscription you have a whole set of 1700 stocks
with 10 years of historical data both fundamental and technical,
weighted more than 10 lb. Really a bargain.
Trial subscription is offered to household once every two year, so after
your try subscription ended you can save some money going back to your
libery . By the time, you shold have a pretty good idea about what you
are looking for.
I have been doing so for the last couple years, it is how I get
my feet wet in the investing.
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| 114.4 | $60 might be a sound investment | SMOGGY::HESSE | DR. DEC 32 bit NEUROSURGEON | Mon Apr 06 1992 23:20 | 12 |
|
I've seen the adds, and thought about doing just that. I was a bit
hesitant, because of the huge number of mailing lists I seem to
get on every time I call an 800 number. But, the vidio tape and
instructions might be worth the price.
In .0 I was sort of hoping for a kind of check list of things to
look for / compare to thin out the number of choices somewhat.
in particular anything that should prompt me to put a stock
in the ignore catagory.
-Bill
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| 114.5 | | BOXORN::HAYS | Of what is and what should never be... | Tue Apr 07 1992 04:19 | 13 |
| RE:.4 by SMOGGY::HESSE "DR. DEC 32 bit NEUROSURGEON"
> in particular anything that should prompt me to put a stock in the ignore
> catagory.
About the only thing I know of is bankruptcy with the bonds selling below
50... The stock is probably worthless, ignore it.
Anything else, it depends. What are your goals? How much risk? What is
going on in the world?
Phil
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