From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2077 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 Thursday, January 24 2002 Volume 02 : Number 2077 In this issue: [CANSLIM] Intro: Ben Chilcote Re: [CANSLIM] Intro: Ben Chilcote Re: [CANSLIM] PSFT: More accounting shenanigans? Re: [CANSLIM] Intro: Ben Chilcote Re: [CANSLIM] PSFT: More accounting shenanigans? [CANSLIM] Market --> How are your watchlists doing? Re: [CANSLIM] Market --> How are your watchlists doing? Re: [CANSLIM] Intro: Ben Chilcote Re: [CANSLIM] My Market Guide CANSLIM screen ---------------------------------------------------------------------- Date: Thu, 24 Jan 2002 08:24:48 -0500 From: "Ben Chilcote" Subject: [CANSLIM] Intro: Ben Chilcote This is a multi-part message in MIME format. - ------=_NextPart_000_0070_01C1A4B0.96644E80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hello everyone, My name is Ben and I live in rural central Pennsylvania about 30 miles = west of State College, home of Penn State. I am an engineering specialist (CAD operator) working out of my home. I = have been investing online since December of 1999. I only became aware = of IBD about 6 months ago and now am a subscriber to the IBD newspaper. = I have read both of Bill O'neil's books and am still learning about = CANSLIM investing.=20 Looking forward to my time in the CANSLIM discussion group. Ben - ------=_NextPart_000_0070_01C1A4B0.96644E80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hello everyone,
 
My name is Ben and I live in rural = central=20 Pennsylvania about 30 miles west of State College, home of Penn=20 State.
I am an engineering specialist (CAD = operator)=20 working out of my home.  I have been investing online since = December of=20 1999.  I only became aware of IBD about 6 months ago and now am a=20 subscriber to the IBD newspaper.  I have read both of Bill O'neil's = books=20 and am still learning about CANSLIM investing. 
 
Looking forward to my time in the = CANSLIM=20 discussion group.
 
 
Ben
- ------=_NextPart_000_0070_01C1A4B0.96644E80-- - - - -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: Thu, 24 Jan 2002 15:05:28 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Intro: Ben Chilcote This is a multi-part message in MIME format. - ------=_NextPart_000_0112_01C1A4E8.8F4DE7E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ben, You're a smart cookie to have found the CANSLIM list so soon....took me = 4 years of CANSLIM to figure out it would have been a lot easier with = some support. Welcome and glad to meet you, Katherine ----- Original Message -----=20 From: Ben Chilcote=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 7:24 AM Subject: [CANSLIM] Intro: Ben Chilcote Hello everyone, My name is Ben and I live in rural central Pennsylvania about 30 miles = west of State College, home of Penn State. I am an engineering specialist (CAD operator) working out of my home. = I have been investing online since December of 1999. I only became = aware of IBD about 6 months ago and now am a subscriber to the IBD = newspaper. I have read both of Bill O'neil's books and am still = learning about CANSLIM investing.=20 Looking forward to my time in the CANSLIM discussion group. Ben - ------=_NextPart_000_0112_01C1A4E8.8F4DE7E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ben,
 
You're a smart cookie to have found the CANSLIM list so = soon....took me 4=20 years of CANSLIM to figure out it would have been a lot easier with some = support.
 
Welcome and glad to meet you,
 
Katherine
----- Original Message -----
From:=20 Ben=20 Chilcote
To: canslim@lists.xmission.com=
Sent: Thursday, January 24, = 2002 7:24=20 AM
Subject: [CANSLIM] Intro: Ben=20 Chilcote

Hello everyone,
 
My name is Ben and I live in rural = central=20 Pennsylvania about 30 miles west of State College, home of Penn=20 State.
I am an engineering specialist (CAD = operator)=20 working out of my home.  I have been investing online since = December of=20 1999.  I only became aware of IBD about 6 months ago and now am a = subscriber to the IBD newspaper.  I have read both of Bill = O'neil's books=20 and am still learning about CANSLIM investing. 
 
Looking forward to my time in the = CANSLIM=20 discussion group.
 
 
Ben
- ------=_NextPart_000_0112_01C1A4E8.8F4DE7E0-- - - - -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: Thu, 24 Jan 2002 16:19:26 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Hi Andreas, Your last sentence is, without question, the most important. But then, when I look at how my 401K did last year (where I can only use funds), and compare that to how I did on my own, both with my IRA and then also with 5 months with my VR Fund, I still feel sorry for someone who must invest that way. In six months, not one index has caught me, most are around 18% behind, and only the Russell 2000 even got close. I also feel sorry from the standpoint of those that owned funds with big holdings in Enron and KMart. Those fund managers should have known better, they are supposed to be professionals, yet they got caught holding large quantities of both stock and bonds. Looking at a story today on Enron, I saw some numbers on their tax payments. Four of the past five years, they paid no taxes at all, by using a tax dodge involving hundreds of offshore corps they set up in tax haven countries. This resulted in over $400 million in tax rebates. How could neither the auditors, nor all the analysts, see this money coming back in and not question why such a big company was paying no taxes? Even if it was completely legal, it was so complicated, and went on so long, that it is hard for me to understand why no one was questioning it. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: "Andreas Himmelreich" To: Sent: Tuesday, January 22, 2002 12:08 PM Subject: AW: [CANSLIM] PSFT: More accounting shenanigans? > Know and use technical sell rules. > > KM fundamentally did not look that bad (at least the public did not think > about > bankrupt) until just before Christmas. > > But way before the technicall sell rules applied. > GAP Down on record Volume, leaving a trading range occoured on 8/24. > Well, then you should go out. > > But I know that the average Joe, who only has a 401k and invests only > for retirement without the knowlege and time we have cant make that call > and I feel really sorry for them. > > But then, do not play a game you do not know, go into index or mutal funds > ... > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 22, 2002 5:52 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] PSFT: More accounting shenanigans? > > > > so, how can small investors detect, much less avoid, these kinds of slick > tricks? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Tuesday, January 22, 2002 11:45 AM > > Subject: [CANSLIM] PSFT: More accounting shenanigans? > > > > > > Once more into the fire. Think this will become the "year of the > accounting case study." > > > > --Katherine > > > > This from Briefing.com > > > > Archives In Play? all dates > > Date (ET) Archive Article > > Jan 22 2002 > > 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- Update > -- This is not the first time that concerns about accounting at the > Momentum unit have been brought to light. On Jan 2, Briefing.com reported a > Lehman defense of the stk following a 12/31 Bloomberg article indicating > that PSFT might repurchase its Momentum Business Applications unit to avoid > paying royalties. Lehman predicted that PSFT was likely to purchase > Momentum for about $90 mln within the next few qtrs. Firm did not think > there were accounting irregularities and viewed the issue as likely > overblown. > > Jan 22 2002 > > 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): > --Update-- According to the San Jose Mercury article, PeopleSoft hired > that subsidiary, Momentum Business Applications, to write new software, and > Momentum, in turn, hired PeopleSoft programmers at a markup. The > arrangement transformed the high cost of creating new programs into a > source of revenue for PeopleSoft. > > Jan 22 2002 > > 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): > Accounting concerns again putting pressure on PSFT shares. The San Jose > Mercury News reports that an accounting maneuver by former PSFT head > allowed company to avoid crushing development costs. Six months before > stepping aside, PSFT co-founder David A. Duffield transferred $250 million > to a newly created subsidiary with just one employee and an office down the > road from PeopleSoft headquarters. Peter Knutson, an associate professor > emeritus of accounting at the University of Pennsylvania's Wharton School, > believes the arrangement misled investors: 'It is within the boundaries of > generally accepted accounting principles, but it is really an intent to > deceive.' > > > > > > > > << Datei: ATT00007.htm >> << Datei: show_headline.gif >> > > - > -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: Thu, 24 Jan 2002 16:32:50 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Ben Chilcote This is a multi-part message in MIME format. - ------=_NextPart_000_0033_01C1A4F4.C3BEA030 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Welcome to the group, Ben. It's usually friendly, and not so quiet.=20 Questions are always welcomed, so are picks, especially when you want = some opinions or critiquing. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ben Chilcote=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 8:24 AM Subject: [CANSLIM] Intro: Ben Chilcote Hello everyone, My name is Ben and I live in rural central Pennsylvania about 30 miles = west of State College, home of Penn State. I am an engineering specialist (CAD operator) working out of my home. = I have been investing online since December of 1999. I only became = aware of IBD about 6 months ago and now am a subscriber to the IBD = newspaper. I have read both of Bill O'neil's books and am still = learning about CANSLIM investing.=20 Looking forward to my time in the CANSLIM discussion group. Ben - ------=_NextPart_000_0033_01C1A4F4.C3BEA030 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Welcome to the group, Ben. It's usually = friendly, and not=20 so quiet.
 
Questions are always welcomed, so are picks, = especially=20 when you want some opinions or critiquing.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ben=20 Chilcote
Sent: Thursday, January 24, = 2002 8:24=20 AM
Subject: [CANSLIM] Intro: Ben=20 Chilcote

Hello everyone,
 
My name is Ben and I live in rural = central=20 Pennsylvania about 30 miles west of State College, home of Penn=20 State.
I am an engineering specialist (CAD = operator)=20 working out of my home.  I have been investing online since = December of=20 1999.  I only became aware of IBD about 6 months ago and now am a = subscriber to the IBD newspaper.  I have read both of Bill = O'neil's books=20 and am still learning about CANSLIM investing. 
 
Looking forward to my time in the = CANSLIM=20 discussion group.
 
 
Ben
- ------=_NextPart_000_0033_01C1A4F4.C3BEA030-- - - - -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: Thu, 24 Jan 2002 16:39:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? This is a multi-part message in MIME format. - ------=_NextPart_000_003F_01C1A4F5.B58416C0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0040_01C1A4F5.B58416C0" - ------=_NextPart_001_0040_01C1A4F5.B58416C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I agree, Katherine, and when I was an active broker, I always read the = 10Q and 10K reports, cover to cover (the management section was usually = the most helpful, tho). In my case, doing this on a part time basis, I rely on the data that DGO = gives me, and expect them to have read the reports. In my 401K, I expect = the fund managers, or someone on their staff, to have read those = reports. And when I see on DGO that they have earnings forecasts from = several analysts, I also expect those analysts to have read those = reports, plus done a lot of other work, before publishing those = forecasts. I realize that DGO relies on outside vendors for a lot of their data, = but then they have the right to expect those vendors to be doing the DD. And if the fund managers or analysts are not doing at least this much, = they should be fired. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:04 PM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Hate to say it, but there's no substitution for a good read of the = 10Q's and 10K's in combination with a good review of past news stories. = Any yellow flags in the news stories should warrant a deeper dive into = the financials. Any "odd" comments or financial "oddities" in the = financial statements can be noted and investigated. (I always head = straight for the management discussion of results and the pending legal = actions sections. Then look for odd accounting footnotes in the = financials.) Can't catch them all, but without the due diligence, = there's *no* chance of catching them. If a stock has too many yellow = flags during DD, I just cross it off the list. There's plenty of fish in = the sea. Despite all that, technical action usually speaks for these = stocks long before the historical fundamentals "explain" the problems. = Investors who don't combine technical/fundamental work miss the clues. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 10:52 AM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? so, how can small investors detect, much less avoid, these kinds of = slick tricks? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 11:45 AM Subject: [CANSLIM] PSFT: More accounting shenanigans? Once more into the fire. Think this will become the "year of the = accounting case study." --Katherine This from Briefing.com Archives In Play=AE all dates =20 Date (ET) Archive Article=20 Jan 22 2002 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- = Update -- This is not the first time that concerns about accounting at = the Momentum unit have been brought to light. On Jan 2, Briefing.com = reported a Lehman defense of the stk following a 12/31 Bloomberg article = indicating that PSFT might repurchase its Momentum Business Applications = unit to avoid paying royalties. Lehman predicted that PSFT was likely to = purchase Momentum for about $90 mln within the next few qtrs. Firm did = not think there were accounting irregularities and viewed the issue as = likely overblown.=20 Jan 22 2002 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): = - --Update-- According to the San Jose Mercury article, PeopleSoft hired = that subsidiary, Momentum Business Applications, to write new software, = and Momentum, in turn, hired PeopleSoft programmers at a markup. The = arrangement transformed the high cost of creating new programs into a = source of revenue for PeopleSoft.=20 Jan 22 2002 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): = Accounting concerns again putting pressure on PSFT shares. The San Jose = Mercury News reports that an accounting maneuver by former PSFT head = allowed company to avoid crushing development costs. Six months before = stepping aside, PSFT co-founder David A. Duffield transferred $250 = million to a newly created subsidiary with just one employee and an = office down the road from PeopleSoft headquarters. Peter Knutson, an = associate professor emeritus of accounting at the University of = Pennsylvania's Wharton School, believes the arrangement misled = investors: 'It is within the boundaries of generally accepted accounting = principles, but it is really an intent to deceive.' =20 - ------=_NextPart_001_0040_01C1A4F5.B58416C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I agree, Katherine, and when I was an active = broker, I=20 always read the 10Q and 10K reports, cover to cover (the management = section was=20 usually the most helpful, tho).
 
In my case, doing this on a part time basis, I = rely on the=20 data that DGO gives me, and expect them to have read the reports. In my = 401K, I=20 expect the fund managers, or someone on their staff, to have read those = reports.=20 And when I see on DGO that they have earnings forecasts from several = analysts, I=20 also expect those analysts to have read those reports, plus done a lot = of other=20 work, before publishing those forecasts.
 
I realize that DGO relies on outside vendors for = a lot of=20 their data, but then they have the right to expect those vendors to be = doing the=20 DD.
 
And if the fund managers or analysts are not = doing at=20 least this much, they should be fired.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 22, 2002 = 12:04=20 PM
Subject: Re: [CANSLIM] PSFT: = More=20 accounting shenanigans?

Hate to say it, but there's no substitution for a good read of = the 10Q's=20 and 10K's in combination with a good review of past news stories. Any = yellow=20 flags in the news stories should warrant a deeper dive into the = financials.=20 Any "odd" comments or financial "oddities" in the financial statements = can be=20 noted and investigated. (I always head straight for the management = discussion=20 of results and the pending legal actions sections. Then = look=20 for odd accounting footnotes in the financials.) Can't catch them = all,=20 but without the due diligence, there's *no* chance of catching them. = If a=20 stock has too many yellow flags during DD, I just cross it off the = list.=20 There's plenty of fish in the sea. Despite all that, technical action = usually=20 speaks for these stocks long before the historical fundamentals = "explain" the=20 problems. Investors who don't combine technical/fundamental work miss = the=20 clues.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, January 22, = 2002 10:52=20 AM
Subject: Re: [CANSLIM] PSFT: = More=20 accounting shenanigans?

so, how can small investors detect, much = less avoid,=20 these kinds of slick tricks?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 22, = 2002 11:45=20 AM
Subject: [CANSLIM] PSFT: = More=20 accounting shenanigans?

Once more into the fire. Think this will become = the "year of the=20 accounting case study."
 
--Katherine
 
 This from Briefing.com
 
Archives In=20 Play=AE all dates =
Date (ET) Archive Article
Jan 22 = 2002
11:06=20 AM		 In=20 Play PeopleSoft (PSFT) = 33.45 -1.89=20 (-5.4%): -- Update -- This is not the first time that = concerns about=20 accounting at the Momentum unit have been brought to light. = On Jan=20 2, Briefing.com reported a Lehman defense of the stk = following a=20 12/31 Bloomberg article indicating that PSFT might = repurchase its=20 Momentum Business Applications unit to avoid paying = royalties.=20 Lehman predicted that PSFT was likely to = purchase=20 Momentum for about $90 mln within the next few qtrs. Firm = did not=20 think there were accounting irregularities and = viewed the=20 issue as likely overblown.
Jan 22 = 2002
10:53=20 AM		 In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%):=20  --Update-- According to the San Jose Mercury article,=20 PeopleSoft hired that subsidiary, Momentum Business = Applications, to=20 write new software, and Momentum, in turn, hired PeopleSoft=20 programmers at a markup. The arrangement transformed the = high cost=20 of creating new programs into a source of revenue for=20 PeopleSoft.
Jan 22 = 2002
10:49=20 AM		 In=20 Play
PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting = concerns=20 again putting pressure on PSFT shares. The San Jose Mercury = News=20 reports that an accounting maneuver by former PSFT head = allowed=20 company to avoid crushing development costs. Six months = before=20 stepping aside, PSFT co-founder David A. Duffield = transferred $250=20 million to a newly created subsidiary with just one employee = and an=20 office down the road from PeopleSoft headquarters. Peter = Knutson, an=20 associate professor emeritus of accounting at the University = of=20 Pennsylvania's Wharton School, believes the arrangement = misled=20 investors: 'It is within the boundaries of generally = accepted=20 accounting principles, but it is really an intent to = deceive.'
 
=
 
- ------=_NextPart_001_0040_01C1A4F5.B58416C0-- - ------=_NextPart_000_003F_01C1A4F5.B58416C0 Content-Type: image/gif; name="show_headline.gif" Content-Transfer-Encoding: base64 Content-Location: http://www.briefing.com/images/briefing/show_headline.gif R0lGODlhTgAXALMAAElrdVV7h6GhoTRLUwsPEBsmKiU0Od3d3VNTU9TU1Ly8vG5vbz5bZCs+RPz6 2oWFhSH5BAAAAAAALAAAAABOABcAAAT/kMhJq7046827/2BYBWRpnmiqrmyrSgXhznRtm0Sh33zv 6zufcMjSGQzEpJJ0bCBUjijJwaOWrC2qludENFLY7Q0bIK/EPMQAgQC43wAHPE53R+X1PN5ux0ff d3RygX1zcGxshn1+g3qCend/foB1jY2PeXNsCwsADJ6gn56Dnw4MpqOPqHGfpXF3p1Gnrqa1tIGi rQCcnAy+v7O+trOmwsbFxr/DwcO2zcHA0ZwPDwPWDNbWd9rcsQ7Z39/g2QPiUQPe2ufh5dzl4uTZ 1NTx9fb3+PcN+fz41AICGggcSLCgwYMIEypciBAgwCMQI0qcSLGixYsYLToUYACIx48gT0OKHEmy JEmAChSYXMmypUuPKVNaiJGDAs2aOHPipMmzQk+dP2EI3ZkyQQIRSJOGMMo0wYGmUKNKnUr1KdWq V5ke2Mq1q9evYMOKHUu2bAQAOw== - ------=_NextPart_000_003F_01C1A4F5.B58416C0-- - - - -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 18:14:22 +0100 From: Andreas Himmelreich Subject: [CANSLIM] Market --> How are your watchlists doing? In order to check the breath of the market --> How are your watchlists doing? I only see green, despite the market going down. Leading stocks do behaive very well (as far what I can see ...) See you Andreas - - - -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: Thu, 24 Jan 2002 16:58:23 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Market --> How are your watchlists doing? Mine is fine, some red, but up 1.97% for the day. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: "Andreas Himmelreich" To: Sent: Tuesday, January 22, 2002 12:14 PM Subject: [CANSLIM] Market --> How are your watchlists doing? > In order to check the breath of the market --> > How are your watchlists doing? > > I only see green, despite the market going down. Leading stocks do > behaive very well (as far what I can see ...) > > See you > > Andreas > > > - > -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: 24 Jan 2002 13:00:11 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Intro: Ben Chilcote Welcome aboard, where are you exactly, Phillipsburg? I used to fish near there all the time when I went to PSU. SNOIL OG! At 08:24 AM 1/24/2002 -0500, you wrote: >Hello everyone, > >My name is Ben and I live in rural central Pennsylvania about 30 miles >west of State College, home of Penn State. >I am an engineering specialist (CAD operator) working out of my home. I >have been investing online since December of 1999. I only became aware of >IBD about 6 months ago and now am a subscriber to the IBD newspaper. I >have read both of Bill O'neil's books and am still learning about CANSLIM >investing. > >Looking forward to my time in the CANSLIM discussion group. > > >Ben Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -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: 24 Jan 2002 13:01:32 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] My Market Guide CANSLIM screen Less than 25M shares outstanding is almost microcap country. I use less than 50 million but have bot 100-550 million in a very good big-cap M. Also 5 yr growth can go as low as 18%. At 06:17 PM 1/21/2002 -0800, you wrote: >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 > 1 {EPS%ChgPYQ}>=25 1103 > 2 {Sales%ChgPYQ}>=25 310 > 3 {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0 > 103 > 4 {EPS5YCGr%}>=25 33 > 5 {EPS3YCGr%}>=25 16 > 6 {ShsOutMR}<=25 6 > 7 {Price}>=10 4 > >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 = Quarter over Quarter % Change in EPS >Sales%ChgPYQ = Quarter over Quarter % Change in Sales >EPS%ChgTTM = Trailing twelve months % Change in EPS from previous TTM >EPS5YCGr% = EPS 5-year growth rate (%) >EPS3YCGr% = EPS 3-year growth rate (%) >ShsOutMR = 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 Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -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 #2077 ****************************** 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.