From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1788 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Wednesday, November 7 2001 Volume 02 : Number 1788 In this issue: Re: [CANSLIM] Microsoft Investor Website RE: [CANSLIM] TARO Re: [CANSLIM] Microsoft Investor Website RE: [CANSLIM] TARO Re: [CANSLIM] EPIQ Re: [CANSLIM] TARO Re: [CANSLIM] TARO Re: [CANSLIM] EPIQ [CANSLIM] SHORT OFF TOPIC Re: [CANSLIM] SHORT OFF TOPIC [CANSLIM] EPIQ Re: [CANSLIM] EPIQ RE: [CANSLIM] EPIQ Re: [CANSLIM] Secondary's Re: [CANSLIM] EPIQ Re: [CANSLIM] Secondary's Re: [CANSLIM] Secondary's Re: [CANSLIM] Secondary's ---------------------------------------------------------------------- Date: Wed, 07 Nov 2001 09:14:04 -0700 From: Warren Keuffel Subject: Re: [CANSLIM] Microsoft Investor Website That's a "security feature"! ;-) Howard Rodkin wrote: > Just installed XP and every time I try to access my portfolio it closes > down IE6 before it totals the portfolio. Very strange. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 11:15:22 -0500 From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] TARO Katherine, How did you reach the same point - by observing TARO's peers? I haven't read HTMMIS is a while, but I always question to what extent tech analysis fits into CANSLIM. I usually think of CANSLIM as the preferred method for picking stocks and tech analysis to help time or at least confirm a purchase. As I write this, TARO is flirting with $48 under heavy volume and is very close to a CANSLIM breakout (old intraday high of 49 3/8 on July 19), but my indicators show a red light. John C. - -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: Wednesday, November 07, 2001 10:36 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] TARO Thanks for your insight. Though I don't use MACD, I'd reached the same conclusion on TARO. Maybe this will turn out to be a learning point... Katherine - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" To: Sent: Wednesday, November 07, 2001 9:46 AM Subject: RE: [CANSLIM] TARO > Dave, Katherine, > > I was just taking a look at TARO's MACD-Hist (one of my favorite indicators) > and I see a bearish diversion. The consecutively higher peaks in price on > Oct 11, Oct 25, and today correspond to consecutively lower peaks in the > MACD-Hist. That's a divergence that supposedly indicates an underlying > weakness that will imminently lead to a pullback. Perhaps the stock will > stall at 48 and drop back to form a handle? Nice volume today, though. > I'll be watching with interest. > > John C. > > -----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Wednesday, November 07, 2001 9:54 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] TARO > > > Dave, > > Yeah, was watching that as well. Nice action so far. You think it has legs? > I'm only skeptical due to weakness in other players. > > Also nice B/O on PNRA. Gap open on earnings news and increased guidance. So > far holding the gap. > > Katherine > kmalm@earthlink.net > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, November 07, 2001 8:58 AM > Subject: [CANSLIM] TARO > > > > TARO may be breaking out. Early volume looks encouraging. IBD ratings are > > excellent. > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 07 Nov 2001 09:24:21 -0700 From: Warren Keuffel Subject: Re: [CANSLIM] Microsoft Investor Website That's a Microsoft "security feature"! ;-) Howard Rodkin wrote: > Just installed XP and every time I try to access my portfolio it closes > down IE6 before it totals the portfolio. Very strange. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 11:26:02 -0500 From: "Dave" Subject: RE: [CANSLIM] TARO Its recent history of fakeouts is a concern, but I think the chances of success are better now since it is closer to its all-time high, and the volume is significant (should finish near or above 2M shares, which is well above the average over the past few weeks). Definitely has a high risk of pullback but IMO worth the risk. I will have a tight stop. - -- Dave > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm > Sent: Wednesday, November 07, 2001 9:54 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] TARO > > > Dave, > > Yeah, was watching that as well. Nice action so far. You think > it has legs? > I'm only skeptical due to weakness in other players. > > Also nice B/O on PNRA. Gap open on earnings news and increased > guidance. So > far holding the gap. > > Katherine > kmalm@earthlink.net > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, November 07, 2001 8:58 AM > Subject: [CANSLIM] TARO > > > > TARO may be breaking out. Early volume looks encouraging. IBD > ratings are > > excellent. > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 20:50:43 -0800 From: "Perry Stanfield" Subject: Re: [CANSLIM] EPIQ This is a multi-part message in MIME format. - ------=_NextPart_000_0021_01C167CD.DDD895C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I think the bus pulled out today. I didn't get on. Perry - ------=_NextPart_000_0021_01C167CD.DDD895C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I think the bus pulled out today.  = I didn't=20 get on.
 
Perry
 
- ------=_NextPart_000_0021_01C167CD.DDD895C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 10:39:34 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] TARO Dave, Hard to know the reason for the "fakeouts" now, but I suppose we will know in retrospect. In the meantime, I am wishing you great success on this position. I'd like to see it move on, but my antennae are running red and I'll feel more comfortable learning TARO's lessons from the sidelines! Katherine kmalm@earthlink.net - ----- Original Message ----- From: "Dave" To: Sent: Wednesday, November 07, 2001 10:26 AM Subject: RE: [CANSLIM] TARO > Its recent history of fakeouts is a concern, but I think the chances of > success are better now since it is closer to its all-time high, and the > volume is significant (should finish near or above 2M shares, which is > well above the average over the past few weeks). > > Definitely has a high risk of pullback but IMO worth the risk. I will have > a tight stop. > > > -- > Dave > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm > > Sent: Wednesday, November 07, 2001 9:54 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] TARO > > > > > > Dave, > > > > Yeah, was watching that as well. Nice action so far. You think > > it has legs? > > I'm only skeptical due to weakness in other players. > > > > Also nice B/O on PNRA. Gap open on earnings news and increased > > guidance. So > > far holding the gap. > > > > Katherine > > kmalm@earthlink.net > > ----- Original Message ----- > > From: "Dave" > > To: > > Sent: Wednesday, November 07, 2001 8:58 AM > > Subject: [CANSLIM] TARO > > > > > > > TARO may be breaking out. Early volume looks encouraging. IBD > > ratings are > > > excellent. > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 10:53:48 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] TARO John, Yes, the peer action is what concerns me most. That's not to say that TARO may pull the rest of the group up by its bootstraps, but, given Mr. M being less than clear-cut, I'm going to err on the side of caution here. With respect to CANSLIM, my take on it is really a *marriage* of fundamental and technical. But again, "buy on the fundamentals, sell on the technicals" is the best thing I ever learned from WON. It took several readings of HTMMIS and 2 advanced investment workshops to sink in, but I think it summarizes CANSLIM better than anything else. Katherine - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" To: Sent: Wednesday, November 07, 2001 10:15 AM Subject: RE: [CANSLIM] TARO > Katherine, > > How did you reach the same point - by observing TARO's peers? > > I haven't read HTMMIS is a while, but I always question to what extent tech > analysis fits into CANSLIM. I usually think of CANSLIM as the preferred > method for picking stocks and tech analysis to help time or at least confirm > a purchase. > > As I write this, TARO is flirting with $48 under heavy volume and is very > close to a CANSLIM breakout (old intraday high of 49 3/8 on July 19), but my > indicators show a red light. > > John C. > > -----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Wednesday, November 07, 2001 10:36 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] TARO > > > Thanks for your insight. Though I don't use MACD, I'd reached the same > conclusion on TARO. Maybe this will turn out to be a learning point... > > Katherine > ----- Original Message ----- > From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" > To: > Sent: Wednesday, November 07, 2001 9:46 AM > Subject: RE: [CANSLIM] TARO > > > > Dave, Katherine, > > > > I was just taking a look at TARO's MACD-Hist (one of my favorite > indicators) > > and I see a bearish diversion. The consecutively higher peaks in price on > > Oct 11, Oct 25, and today correspond to consecutively lower peaks in the > > MACD-Hist. That's a divergence that supposedly indicates an underlying > > weakness that will imminently lead to a pullback. Perhaps the stock will > > stall at 48 and drop back to form a handle? Nice volume today, though. > > I'll be watching with interest. > > > > John C. > > > > -----Original Message----- > > From: Katherine Malm [mailto:kmalm@earthlink.net] > > Sent: Wednesday, November 07, 2001 9:54 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] TARO > > > > > > Dave, > > > > Yeah, was watching that as well. Nice action so far. You think it has > legs? > > I'm only skeptical due to weakness in other players. > > > > Also nice B/O on PNRA. Gap open on earnings news and increased guidance. > So > > far holding the gap. > > > > Katherine > > kmalm@earthlink.net > > ----- Original Message ----- > > From: "Dave" > > To: > > Sent: Wednesday, November 07, 2001 8:58 AM > > Subject: [CANSLIM] TARO > > > > > > > TARO may be breaking out. Early volume looks encouraging. IBD ratings > are > > > excellent. > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 10:58:13 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] EPIQ This is a multi-part message in MIME format. - ------=_NextPart_000_019D_01C1677B.18C53420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Perry, Just out of curiosity, what made you pass on this one? Katherine kmalm@earthlink.net ----- Original Message -----=20 From: Perry Stanfield=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, November 07, 2001 10:50 PM Subject: Re: [CANSLIM] EPIQ I think the bus pulled out today. I didn't get on. Perry - ------=_NextPart_000_019D_01C1677B.18C53420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Perry,
 
Just out of curiosity, what made you = pass on this=20 one?
 
Katherine
kmalm@earthlink.net
----- Original Message -----
From:=20 Perry = Stanfield=20
Sent: Wednesday, November 07, = 2001 10:50=20 PM
Subject: Re: [CANSLIM] = EPIQ

I think the bus pulled out = today.  I=20 didn't get on.
 
Perry
 
- ------=_NextPart_000_019D_01C1677B.18C53420-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 12:47:44 -0500 From: "Charles Layne" Subject: [CANSLIM] SHORT OFF TOPIC Does anyone know of any e-mail forums on day trading - particularly "scalping" or trading in between the soreads? Charles Layne - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 13:01:53 -0500 From: "Charles Layne" Subject: Re: [CANSLIM] SHORT OFF TOPIC Does anyone know of any e-mail forums on day trading - particularly "scalping" or trading in between the soreads? -- oops! meant spreads. Charles Layne - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 14:04:44 -0500 From: "Mark Clayton" Subject: [CANSLIM] EPIQ Boy, I sure am glad that Tom gave us a hint last night that he was going to put in that order today for 500,000 shares. And who was it that was wondering why we have bothered to talk about this beat up ole stock? - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 12:47:17 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] EPIQ Mark, you just made my day. Too funny. Katherine - ----- Original Message ----- From: "Mark Clayton" To: "Canslim" Sent: Wednesday, November 07, 2001 1:04 PM Subject: [CANSLIM] EPIQ > Boy, I sure am glad that Tom gave us a hint last night that he was going to > put in that order today for 500,000 shares. And who was it that was > wondering why we have bothered to talk about this beat up ole stock? - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 14:16:45 -0500 From: "Mark Clayton" Subject: RE: [CANSLIM] EPIQ Yeh, at least for today Tom's got the E.F. Hutton award. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Wednesday, November 07, 2001 1:47 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] EPIQ Mark, you just made my day. Too funny. Katherine - ----- Original Message ----- From: "Mark Clayton" To: "Canslim" Sent: Wednesday, November 07, 2001 1:04 PM Subject: [CANSLIM] EPIQ > Boy, I sure am glad that Tom gave us a hint last night that he was going to > put in that order today for 500,000 shares. And who was it that was > wondering why we have bothered to talk about this beat up ole stock? - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 20:53:35 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] Secondary's Katherine: I thought "primary offerings" were the initial stock offerings of a company. Every other time more stock of the same company is offered by that company, then that is denominated a "secondary offering". In either case the company should get the proceeds (minus the investment bank's commission). Otherwise, why offer a secondary? jans (Thanks for the info on CPRT. I didn't realize that they had no debt) In a message dated 11/7/2001 9:34:26 AM Eastern Standard Time, kmalm@earthlink.net writes: << I think BVF and CPRT are primary offerings, meaning the company will get the proceeds. I'd have to read the prospectus to see their intended use of proceeds, but in BVF's case, I'd bet they're taking advantage of a very good stock price and using it to retire a chunk of their substantial debt. As CPRT has no debt, I bet they're going to use it for acquisitions. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 21:03:38 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] EPIQ This is a multi-part message in MIME format. - ------=_NextPart_000_0022_01C167CF.AC147E80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom's not been very humble today, always nice to know the market's = listening when I make one of my so rare buy recommendations. Of course, it also makes me wonder what lurker in our group might have = had a significant hand in this blowout today. DGO, IBD, a money manager = or big stock broker?? Today's volume once again makes Schwabby look really stupid for claiming = they won't margin it because it's all institutional trading. I don't = recall any institution ever doing trades averaging less than 400 shares, = and that's what happened today. Mark, does the E. F. Hutton award come with any cash?? I don't have a = fireplace and mantel down here in Miami, so no place for a trophy! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mark Clayton=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, November 07, 2001 2:16 PM Subject: RE: [CANSLIM] EPIQ Yeh, at least for today Tom's got the E.F. Hutton award. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Wednesday, November 07, 2001 1:47 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] EPIQ Mark, you just made my day. Too funny. Katherine ----- Original Message ----- From: "Mark Clayton" To: "Canslim" Sent: Wednesday, November 07, 2001 1:04 PM Subject: [CANSLIM] EPIQ > Boy, I sure am glad that Tom gave us a hint last night that he was = going to > put in that order today for 500,000 shares. And who was it that was > wondering why we have bothered to talk about this beat up ole stock? - ------=_NextPart_000_0022_01C167CF.AC147E80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom's not been very humble today, always nice to = know the=20 market's listening when I make one of my so rare buy=20 recommendations.
 
Of course, it also makes me wonder what lurker in = our group=20 might have had a significant hand in this blowout today. DGO, IBD, a = money=20 manager or big stock broker??
 
Today's volume once again makes Schwabby look really = stupid=20 for claiming they won't margin it because it's all institutional = trading. I=20 don't recall any institution ever doing trades averaging less than 400 = shares,=20 and that's what happened today.
 
Mark, does the E. F. Hutton award come with any = cash?? I don't=20 have a fireplace and mantel down here in Miami, so no place for a=20 trophy!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mark=20 Clayton
To: canslim@lists.xmission.com =
Sent: Wednesday, November 07, = 2001 2:16=20 PM
Subject: RE: [CANSLIM] = EPIQ

Yeh, at least for today Tom's got the E.F. Hutton=20 award.

-----Original Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Katherine Malm
Sent: Wednesday, November 07, 2001 1:47 = PM
To:=20 canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] EPIQ


Mark, you just made my day. Too=20 funny.

Katherine
----- Original Message -----
From: "Mark = Clayton" <markclayton7@home.com>
To= :=20 "Canslim" <canslim@xmission.com>
Sent= :=20 Wednesday, November 07, 2001 1:04 PM
Subject: [CANSLIM]=20 EPIQ


> Boy, I sure am glad that Tom gave us a hint last = night=20 that he was going
to
> put in that order today for 500,000 = shares.=20 And who was it that was
> wondering why we have bothered to talk = about=20 this beat up ole stock?


- ------=_NextPart_000_0022_01C167CF.AC147E80-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 21:12:38 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Secondary's This is a multi-part message in MIME format. - ------=_NextPart_000_0059_01C167D0.EE5215E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable My understanding is that typically you have an IPO (Initial Public = Offering). After that, all offerings are considered secondary public = offerings, whether or not the shares offered for sale are new ones = issued by the company, or existing restricted shares registered for sale = in the offering, or some combination of both. The amount of money received by the company will depend on how many of = the shares are newly issued shares (or come from Treasury), which must = be disclosed in the red herring prospectus. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, November 07, 2001 8:53 PM Subject: Re: [CANSLIM] Secondary's Katherine: I thought "primary offerings" were the initial stock offerings of = a=20 company. Every other time more stock of the same company is offered = by that=20 company, then that is denominated a "secondary offering". In either = case the=20 company should get the proceeds (minus the investment bank's = commission). =20 Otherwise, why offer a secondary? jans (Thanks for the info on CPRT. I didn't realize that they had no = debt) =20 In a message dated 11/7/2001 9:34:26 AM Eastern Standard Time,=20 kmalm@earthlink.net writes: << I think BVF and CPRT are primary offerings, meaning the company = will get=20 the proceeds. I'd have to read the prospectus to see their intended use = of proceeds, but in BVF's case, I'd bet they're taking advantage of a = very good stock price and using it to retire a chunk of their substantial debt. = As CPRT has no debt, I bet they're going to use it for acquisitions. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0059_01C167D0.EE5215E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
My understanding is that typically you have an IPO=20 (Initial Public Offering). = After=20 that, all offerings are considered secondary=20 public offerings, whether or not = the shares=20 offered for sale are new ones issued by the company, or existing = restricted=20 shares registered for sale in the offering, or some combination of=20 both.
 
The amount of money received by the company will = depend on how=20 many of the shares are newly issued shares (or come from Treasury), = which must=20 be disclosed in the red herring prospectus.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Spencer48@aol.com
To: canslim@lists.xmission.com =
Sent: Wednesday, November 07, = 2001 8:53=20 PM
Subject: Re: [CANSLIM] = Secondary's

Katherine:

     I thought = "primary=20 offerings" were the initial stock offerings of a
company.  = Every=20 other time more stock of the same company is offered by that =
company, then=20 that is denominated a "secondary offering".  In either case the=20
company should get the proceeds (minus the investment bank's=20 commission). 
Otherwise, why offer a secondary?

jans = (Thanks=20 for the info on CPRT.  I didn't realize that they had no=20 debt)



    


In a message = dated=20 11/7/2001 9:34:26 AM Eastern Standard Time,
kmalm@earthlink.net=20 writes:

<< I think BVF and CPRT are primary offerings, = meaning=20 the company will get
the
 proceeds. I'd have to read the=20 prospectus to see their intended use of
 proceeds, but in = BVF's case,=20 I'd bet they're taking advantage of a very good
 stock price = and using=20 it to retire a chunk of their substantial debt. As
 CPRT has = no debt,=20 I bet they're going to use it for acquisitions.
 =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0059_01C167D0.EE5215E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 20:21:45 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Secondary's jans, Primaries are offered by the issuing company, proceeds go to them. Secondaries are simply large blocks of stock being put up for sale at a predetermined price. For example, a large trust, an institution or a corporation might own very large blocks of company XYZ and want to sell them. They might want to do this to diversify a portfolio or use the proceeds for another purpose. Because their holdings are generally substantial, they do not offer them up for sale in the way you or I would our few thousand shares. They offer them at a predetermined price to the appropriate Wall Street types, who get their fingers in the pie, and then in turn sell them to someone else. But the company does not receive proceeds. Hope that helps and glad I was able to offer new info on CPRT for you. Katherine - ----- Original Message ----- From: To: Sent: Wednesday, November 07, 2001 7:53 PM Subject: Re: [CANSLIM] Secondary's > Katherine: > > I thought "primary offerings" were the initial stock offerings of a > company. Every other time more stock of the same company is offered by that > company, then that is denominated a "secondary offering". In either case the > company should get the proceeds (minus the investment bank's commission). > Otherwise, why offer a secondary? > > jans (Thanks for the info on CPRT. I didn't realize that they had no debt) > > > > > > > In a message dated 11/7/2001 9:34:26 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << I think BVF and CPRT are primary offerings, meaning the company will get > the > proceeds. I'd have to read the prospectus to see their intended use of > proceeds, but in BVF's case, I'd bet they're taking advantage of a very good > stock price and using it to retire a chunk of their substantial debt. As > CPRT has no debt, I bet they're going to use it for acquisitions. > >> > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 7 Nov 2001 20:34:21 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Secondary's This is a multi-part message in MIME format. - ------=_NextPart_000_0016_01C167CB.950C0720 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable OK, I'm going to have to eat some humble pie here. I forgot to consider = that the company can have Treasury Stock in their own coffers. = (Previously issued stock that they repurchased at some point.) If the = secondary offering comes from Treasury Stock, then of course, they get = the proceeds. However, an IPO is an initial offering of newly issued stock, a *type* = of primary distribution. A newly issued corporate bond would also be a = primary distribution. I'll just be quiet now before that piece of pie chokes me! Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, November 07, 2001 8:12 PM Subject: Re: [CANSLIM] Secondary's My understanding is that typically you have an IPO (Initial Public = Offering). After that, all offerings are considered secondary public = offerings, whether or not the shares offered for sale are new ones = issued by the company, or existing restricted shares registered for sale = in the offering, or some combination of both. The amount of money received by the company will depend on how many of = the shares are newly issued shares (or come from Treasury), which must = be disclosed in the red herring prospectus. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, November 07, 2001 8:53 PM Subject: Re: [CANSLIM] Secondary's Katherine: I thought "primary offerings" were the initial stock offerings = of a=20 company. Every other time more stock of the same company is offered = by that=20 company, then that is denominated a "secondary offering". In either = case the=20 company should get the proceeds (minus the investment bank's = commission). =20 Otherwise, why offer a secondary? jans (Thanks for the info on CPRT. I didn't realize that they had = no debt) =20 In a message dated 11/7/2001 9:34:26 AM Eastern Standard Time,=20 kmalm@earthlink.net writes: << I think BVF and CPRT are primary offerings, meaning the company = will get=20 the proceeds. I'd have to read the prospectus to see their intended use = of proceeds, but in BVF's case, I'd bet they're taking advantage of a = very good stock price and using it to retire a chunk of their substantial = debt. As CPRT has no debt, I bet they're going to use it for acquisitions. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0016_01C167CB.950C0720 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
OK, I'm going to have to eat some = humble pie here.=20 I forgot to consider that the company can have Treasury Stock in their = own=20 coffers. (Previously issued stock that they repurchased at some point.) = If the=20 secondary offering comes from Treasury Stock, then of course, they get = the=20 proceeds.
 
However, an IPO is an initial offering = of newly=20 issued stock, a *type* of primary distribution. A newly issued corporate = bond=20 would also be a primary distribution.
 
I'll just be quiet now before that = piece of pie=20 chokes me!
 
Katherine
 
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Wednesday, November 07, = 2001 8:12=20 PM
Subject: Re: [CANSLIM] = Secondary's

My understanding is that typically you have an IPO = (Initial Public = Offering). After=20 that, all offerings are considered secondary=20 public offerings, whether or not = the=20 shares offered for sale are new ones issued by the company, or = existing=20 restricted shares registered for sale in the offering, or some = combination of=20 both.
 
The amount of money received by the company will = depend on=20 how many of the shares are newly issued shares (or come from = Treasury), which=20 must be disclosed in the red herring prospectus.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Wednesday, November 07, = 2001 8:53=20 PM
Subject: Re: [CANSLIM]=20 Secondary's

Katherine:

     I thought = "primary=20 offerings" were the initial stock offerings of a
company.  = Every=20 other time more stock of the same company is offered by that =
company,=20 then that is denominated a "secondary offering".  In either = case the=20
company should get the proceeds (minus the investment bank's=20 commission). 
Otherwise, why offer a secondary?

jans = (Thanks=20 for the info on CPRT.  I didn't realize that they had no=20 debt)



    


In a = message dated=20 11/7/2001 9:34:26 AM Eastern Standard Time,
kmalm@earthlink.net=20 writes:

<< I think BVF and CPRT are primary offerings, = meaning=20 the company will get
the
 proceeds. I'd have to read the = prospectus to see their intended use of
 proceeds, but in = BVF's=20 case, I'd bet they're taking advantage of a very good
 stock = price=20 and using it to retire a chunk of their substantial debt. = As
 CPRT=20 has no debt, I bet they're going to use it for = acquisitions.
 =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
- ------=_NextPart_000_0016_01C167CB.950C0720-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1788 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.