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Jim & PI,
Interesting. Jim likes but PI doesn't. So here is a bit of info and a few
questions. A few months ago Nightly Business Report did a segment on the RV
industry. The jist of the report stated that since baby boomer were getting
older. Sales in RVs are steadily going up. And the outlook for RV sales in the
future is promising.
So here are the guestions.
How does RVR compare to the rest of the industry group?
Why do I ask?
Since the current bull market is a narrow advance. And the proposed, near term
(next quarter), future advance of the bull market is also going to be narrow.
The chances of RVR getting a great deal of attention may not be good.
Next question.
How does this industry groups performance compare to other industry groups? (In
terms of comparative relative strength.)
If the group isn't performing well then the chances of RVR perfoming well are
not good. Also if there is no upward moment in this industry group. Then the
chances of RVR moving up in the near term due to the industry groups movement
is unlikely.
These are just a few guestions that cross my mind.
Harley Meyer
On Sat, 5 Jul 1997 21:44:48 -0400,
private-investor@xxxxxxx wrote...
>
>| From: Jim Greening <JimGinVA@xxxxxxx>
>| To: Metastock List <MetaStock-List@xxxxxxxxxxxxx>
>| Subject: Weekly Pick
>| Date: Friday, July 04, 1997 2:53 PM
>
>| The fundamentals are encouraging with a
>
>| , and over 400% earnings growth last year.
>
>Jim,
> this is very interesting what are you doing.As from the simple Turbo
>problem we had here, completely out of the Jupiter, I realize that there
>are different ways to look at things, as many as many people are here. I
>looked at fundamentals of RVR and this is what I do not like:
>1. Last two q's negative earnings suprises !
>2. 5 year growth -2%, negative !
>3. Last year earnigs growth was as you noted 467%, but from 0.03 to 0.17,
>not much, also q ending APR is always
> negative !
>
>I do not buy that junk. Any other opinions, projections ?
>
>Pi=3.14
>
>
Harley Meyer
meyer093@xxxxxxxxxx
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