All,

I've been playing around with Market = Guide quite a=20 bit the past few weeks. I built a screen that I thought would yield a = list of=20 CANSLIM candidates for further research. Here are my screening criteria = and the=20 number of stocks left after each (Market Guide has 9385 companies in its = database):

	Criteria	Results
1	{EPS%ChgPYQ}>=3D25	1103
2	{Sales%ChgPYQ}>=3D25	310
3	{EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0=20	103
4	{EPS5YCGr%}>=3D25	33
5	{EPS3YCGr%}>=3D25	16
6	{ShsOutMR}<=3D25	6
7	{Price}>=3D10	4

<= /DIV>

I was disappointed that my screen only = left me with=20 4 stocks, one of which is in deep doo-doo with the SEC (CHEZ). I think = the=20 shorthand should be decipherable, but just in case it's = not:

EPS%ChgPYQ =3D Quarter over Quarter % = Change in=20 EPS

Sales%ChgPYQ =3D Quarter over Quarter = % Change in=20 Sales

EPS%ChgTTM =3D Trailing twelve months = % Change in=20 EPS from previous TTM

EPS5YCGr% =3D EPS 5-year growth rate=20 (%)

EPS3YCGr% =3D EPS 3-year growth rate=20 (%)

ShsOutMR =3D Shares outstanding=20 (mill.)

The 3rd criterion was my attempt to = seek companies=20 with recently increasing earnings.

I think these criteria are true to = CANSLIM as=20 taught by WON/IBD, no? In fact, I think WON recommends a share price = cut-off of=20 15 instead of the 10 I'm using. If I relax all of the % Change criteria = from 25=20 to 20, I get 5 more companies. Assuming my criteria are truly = CANSLIMish, I=20 suppose it means that CANSLIMmers should be on the sidelines at least = until this=20 round of earnings reports comes in.

btw, the other 3 stocks (besides CHEZ) = that meet=20 the 25% criteria are ACRT, MGAM & TARO. The additional 5 that meet = the 20%=20 growth criteria are DKWD, ICUI, MINI, PENN & SCOR.

Please tell me if/where I'm missing the = boat=20 here.

Thanks,

Mike

- ------=_NextPart_000_033F_01C1A2CC.3851D640-- - - - -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: Tue, 22 Jan 2002 02:41:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] My Market Guide CANSLIM screen This is a multi-part message in MIME format. - ------=_NextPart_000_0016_01C1A2EE.4FD108A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Mike, I would say you are very much in the boat. I would suggest some minor = changes: drop the 5 year earnings growth criteria (since you already = also have a 3 year criteria), and increase max shares to 50 million. I = would also use only a 20% earnings increase, or maybe even a little = less, like 18 or 16%. I would not screen on 5 year earnings growth because you may miss many = nice companies that have only done well on a shorter time frame. You can = always examine the five year history, and make a human decision. I would = use a lower earnings growth rate (than 25%) because we are in a = recession, and business is tough for many. The higher the criteria, the = more likely you are to get ones with very weak earnings a year or two = ago, and the more likely you are to miss the ones still growing well, = but slowed by the recession. These changes may open up your results to some larger companies, hence = the suggestion to go to 50 million shares. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Hofmann=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 1:37 AM Subject: [CANSLIM] My Market Guide CANSLIM screen All, I've been playing around with Market Guide quite a bit the past few = weeks. I built a screen that I thought would yield a list of CANSLIM = candidates for further research. Here are my screening criteria and the = number of stocks left after each (Market Guide has 9385 companies in its = database): Criteria Results=20 1 {EPS%ChgPYQ}>=3D25 1103=20 2 {Sales%ChgPYQ}>=3D25 310=20 3 {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0 103=20 4 {EPS5YCGr%}>=3D25 33=20 5 {EPS3YCGr%}>=3D25 16=20 6 {ShsOutMR}<=3D25 6=20 7 {Price}>=3D10 4=20 I was disappointed that my screen only left me with 4 stocks, one of = which is in deep doo-doo with the SEC (CHEZ). I think the shorthand = should be decipherable, but just in case it's not: EPS%ChgPYQ =3D Quarter over Quarter % Change in EPS Sales%ChgPYQ =3D Quarter over Quarter % Change in Sales EPS%ChgTTM =3D Trailing twelve months % Change in EPS from previous = TTM EPS5YCGr% =3D EPS 5-year growth rate (%) EPS3YCGr% =3D EPS 3-year growth rate (%) ShsOutMR =3D Shares outstanding (mill.) The 3rd criterion was my attempt to seek companies with recently = increasing earnings. I think these criteria are true to CANSLIM as taught by WON/IBD, no? = In fact, I think WON recommends a share price cut-off of 15 instead of = the 10 I'm using. If I relax all of the % Change criteria from 25 to 20, = I get 5 more companies. Assuming my criteria are truly CANSLIMish, I = suppose it means that CANSLIMmers should be on the sidelines at least = until this round of earnings reports comes in. btw, the other 3 stocks (besides CHEZ) that meet the 25% criteria are = ACRT, MGAM & TARO. The additional 5 that meet the 20% growth criteria = are DKWD, ICUI, MINI, PENN & SCOR. Please tell me if/where I'm missing the boat here. Thanks, Mike - ------=_NextPart_000_0016_01C1A2EE.4FD108A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi Mike,

I would say you are very much in the boat. I = would=20 suggest some minor changes: drop the 5 year earnings growth = criteria=20 (since you already also have a 3 year criteria), and increase max shares = to 50=20 million. I would also use only a 20% earnings increase, or maybe even a = little=20 less, like 18 or 16%.

I would not screen on 5 year earnings growth = because you=20 may miss many nice companies that have only done well on a shorter time = frame.=20 You can always examine the five year history, and make a human decision. = I would=20 use a lower earnings growth rate (than 25%) because we are in a = recession, and=20 business is tough for many. The higher the criteria, the more likely you = are to=20 get ones with very weak earnings a year or two ago, and the more likely = you are=20 to miss the ones still growing well, but slowed by the = recession.

These changes may open up your results to some = larger=20 companies, hence the suggestion to go to 50 million shares.

Tom Worley
stkguru@netside.net
AIM:=20 TexWorley

----- Original Message -----
From:=20 Mike=20 Hofmann

All,

I've been playing around with Market = Guide quite=20 a bit the past few weeks. I built a screen that I thought would yield = a list=20 of CANSLIM candidates for further research. Here are my screening = criteria and=20 the number of stocks left after each (Market Guide has 9385 companies = in its=20 database):

	Criteria	Results
1	{EPS%ChgPYQ}>=3D25	1103
2	{Sales%ChgPYQ}>=3D25	310
3	{EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0=20	103
4	{EPS5YCGr%}>=3D25	33
5	{EPS3YCGr%}>=3D25	16
6	{ShsOutMR}<=3D25	6
7	{Price}>=3D10	4

<= /DIV>

I was disappointed that my screen = only left me=20 with 4 stocks, one of which is in deep doo-doo with the SEC (CHEZ). I = think=20 the shorthand should be decipherable, but just in case it's = not:

EPS%ChgPYQ =3D Quarter over Quarter = % Change in=20 EPS

Sales%ChgPYQ =3D Quarter over = Quarter % Change in=20 Sales

EPS%ChgTTM =3D Trailing twelve = months % Change in=20 EPS from previous TTM

EPS5YCGr% =3D EPS 5-year growth = rate=20 (%)

EPS3YCGr% =3D EPS 3-year growth = rate=20 (%)

ShsOutMR =3D Shares outstanding=20 (mill.)

The 3rd criterion was my attempt to = seek=20 companies with recently increasing earnings.

I think these criteria are true to = CANSLIM as=20 taught by WON/IBD, no? In fact, I think WON recommends a share price = cut-off=20 of 15 instead of the 10 I'm using. If I relax all of the % Change = criteria=20 from 25 to 20, I get 5 more companies. Assuming my criteria are truly=20 CANSLIMish, I suppose it means that CANSLIMmers should be on the = sidelines at=20 least until this round of earnings reports comes in.

btw, the other 3 stocks (besides = CHEZ) that meet=20 the 25% criteria are ACRT, MGAM & TARO. The additional 5 that meet = the 20%=20 growth criteria are DKWD, ICUI, MINI, PENN & SCOR.

Please tell me if/where I'm missing = the boat=20 here.

Thanks,

Mike

- ------=_NextPart_000_0016_01C1A2EE.4FD108A0-- - - - -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 #2071 ****************************** 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.