From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2514 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, June 26 2002 Volume 02 : Number 2514 In this issue: RE: [CANSLIM] Education stocks [CANSLIM] CECO/COCO [CANSLIM] Updated charts of Acc/Dis ratings from IBD now posted. RE: [CANSLIM] Education stocks [CANSLIM] WCOM restatement RE: [CANSLIM] WCOM restatement Re: [CANSLIM] WCOM restatement RE: [CANSLIM] WCOM restatement Re: [CANSLIM] WCOM restatement Re: [CANSLIM] WCOM restatement Re: [CANSLIM] WCOM restatement ---------------------------------------------------------------------- Date: Tue, 25 Jun 2002 06:26:02 -0600 From: "David Taggart" Subject: RE: [CANSLIM] Education stocks These schools are mainly used by companies sending their people to learn specific skills. They do a lot of technology and stuff like that. A few in the group like Sylvan SLVN do a lot of everything but most are geared to the adult at work crowd that need some new skills. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Monday, June 24, 2002 6:46 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Education stocks Kent: Summer School :) Seriously, I think these are schools whose mkt is older people, so this is why EPS is about the same during the summer months as it is during the school year, ie.I don't believe these commercial schools would curtail their services for the summer. Moreover (and this is just a guess) I imagine they would offer tutorials during the summer months for kids who want to get ahead or are having scholastic troubles at school. jans In a message dated 6/24/2002 6:08:05 PM Eastern Daylight Time, kent_norman@yahoo.com writes: << OK group, what am I missing? Seems to me this is the time when school is out for the summer. Or am I just old fashioned? Why would the stock be going up now? >> - - - -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: Tue, 25 Jun 2002 08:39:08 -0400 From: "Winston Little" Subject: [CANSLIM] CECO/COCO This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C21C23.C5AD57A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Web Link covers CECO with a mention of COCO today. They point out that CECO is in third base so caution is needed. - ------=_NextPart_000_0023_01C21C23.C5AD57A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Web Link covers CECO with a mention of COCO=20 today.
They point out that CECO is in third base so caution = is=20 needed.
- ------=_NextPart_000_0023_01C21C23.C5AD57A0-- - - - -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, 25 Jun 2002 07:58:14 -0500 From: "Fred Richards" Subject: [CANSLIM] Updated charts of Acc/Dis ratings from IBD now posted. This is a multi-part message in MIME format. - ------=_NextPart_000_0020_01C21C1E.0ED79040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit We have posted the "A" rated Acc/Dis stocks to the charts through June 24th. http://www.adrich.com/SI/Info/A's.htm - ---------------------------------------------------------------------------- - ---- Fred Richards Corruptisima republica plurimae leges. [The more corrupt a republic, the more laws.] - - Tacitus, Annuals III 27 www.adrich.com - ------=_NextPart_000_0020_01C21C1E.0ED79040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
We = have posted the=20 "A" rated Acc/Dis stocks to the charts through June = 24th.
 
http://www.adrich.com/SI/I= nfo/A's.htm
 
Fred Richards
 
Corruptisima republica plurimae = leges.  [The=20 more corrupt a republic, the more laws.]  - - Tacitus, Annuals III=20 27
 
www.adrich.com
 
- ------=_NextPart_000_0020_01C21C1E.0ED79040-- - - - -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, 25 Jun 2002 09:39:48 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Education stocks Unemployment rate has helped these companies/stocks. Apparently their popular with laid off people; chance to learn more, etc. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of David Taggart Sent: Tuesday, June 25, 2002 8:26 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Education stocks These schools are mainly used by companies sending their people to learn specific skills. They do a lot of technology and stuff like that. A few in the group like Sylvan SLVN do a lot of everything but most are geared to the adult at work crowd that need some new skills. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Monday, June 24, 2002 6:46 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Education stocks Kent: Summer School :) Seriously, I think these are schools whose mkt is older people, so this is why EPS is about the same during the summer months as it is during the school year, ie.I don't believe these commercial schools would curtail their services for the summer. Moreover (and this is just a guess) I imagine they would offer tutorials during the summer months for kids who want to get ahead or are having scholastic troubles at school. jans In a message dated 6/24/2002 6:08:05 PM Eastern Daylight Time, kent_norman@yahoo.com writes: << OK group, what am I missing? Seems to me this is the time when school is out for the summer. Or am I just old fashioned? Why would the stock be going up now? >> - - - -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, 26 Jun 2002 00:52:50 -0400 From: "Tom Worley" Subject: [CANSLIM] WCOM restatement once again, Andersen strikes again, this time by signing off on Worldcom hiding over $3 billion in expenses as capital expenditures, and thus inflating cash flow. Restatement expected to take away last five quarters of profits and turn them into losses. Who gave this sanction to a deviation from GAAP (Generally Accepted Accounting Principles)?? Andersen, of course. It's clear that Enron was only the tip of the iceberg, as if Waste Management, Sunbeam, and a host of other companies were not sufficient warning of major problems in corporate policy and infrastructure. Sad to see a great name like Andersen prostituted to selling its certification services for any price, but also clear that it must disappear from corporate America. And until every major company audited by Andersen undergoes a special review by the SEC on accounting practices, I doubt anyone will believe that we have finally seen it all. Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -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, 26 Jun 2002 07:18:59 -0400 From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] WCOM restatement Well said, Tom. What is it that makes people do things for temporary gain when they know they'll probably get slammed for it in the future? I guess it's just greed, stupidity and arrogance. - -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Wednesday, June 26, 2002 12:53 AM To: CANSLIM Subject: [CANSLIM] WCOM restatement once again, Andersen strikes again, this time by signing off on Worldcom hiding over $3 billion in expenses as capital expenditures, and thus inflating cash flow. Restatement expected to take away last five quarters of profits and turn them into losses. Who gave this sanction to a deviation from GAAP (Generally Accepted Accounting Principles)?? Andersen, of course. It's clear that Enron was only the tip of the iceberg, as if Waste Management, Sunbeam, and a host of other companies were not sufficient warning of major problems in corporate policy and infrastructure. Sad to see a great name like Andersen prostituted to selling its certification services for any price, but also clear that it must disappear from corporate America. And until every major company audited by Andersen undergoes a special review by the SEC on accounting practices, I doubt anyone will believe that we have finally seen it all. Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -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, 26 Jun 2002 07:30:54 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] WCOM restatement employee stock options reading the news this morning, it's clear the world has concluded that bankruptcy for Worldcom is going to happen, and soon, with a subsequent restructuring if it survives. All the banks across the globe must have been up all night figuring out their exposure. Looks to be wide spread, haven't seen any one yet with more than $300 million in exposure, with most in the size of $150 to 200 million. And MU's surprising loss reported after yesterday's close has futures indicating down another 5% today. This is so far past ugly that either collapse or capitulation cannot be far away. Let's see, DOW at 5,000, now there's a nice round number. It's getting too hard to make money in this market, succeeded yesterday in both real world and VR accounts, but expect to pay the price today. - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" To: Sent: Wednesday, June 26, 2002 7:18 AM Subject: RE: [CANSLIM] WCOM restatement Well said, Tom. What is it that makes people do things for temporary gain when they know they'll probably get slammed for it in the future? I guess it's just greed, stupidity and arrogance. - -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Wednesday, June 26, 2002 12:53 AM To: CANSLIM Subject: [CANSLIM] WCOM restatement once again, Andersen strikes again, this time by signing off on Worldcom hiding over $3 billion in expenses as capital expenditures, and thus inflating cash flow. Restatement expected to take away last five quarters of profits and turn them into losses. Who gave this sanction to a deviation from GAAP (Generally Accepted Accounting Principles)?? Andersen, of course. It's clear that Enron was only the tip of the iceberg, as if Waste Management, Sunbeam, and a host of other companies were not sufficient warning of major problems in corporate policy and infrastructure. Sad to see a great name like Andersen prostituted to selling its certification services for any price, but also clear that it must disappear from corporate America. And until every major company audited by Andersen undergoes a special review by the SEC on accounting practices, I doubt anyone will believe that we have finally seen it all. Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -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, 26 Jun 2002 05:12:57 -0700 (PDT) From: Kent Norman Subject: RE: [CANSLIM] WCOM restatement The answer is: The same childish, short-sighted, immediate satisfaction that blinds them to the possibility that there is a tomorrow... They run the business like they live their life. All today and no tomorrow. Kent Norman - --- "Cefaloni, John L Jr. [AMSTA-AR-WEA]" wrote: > Well said, Tom. What is it that makes people do things for temporary > gain > when they know they'll probably get slammed for it in the future? > > I guess it's just greed, stupidity and arrogance. > > -----Original Message----- > From: Tom Worley [mailto:stkguru@bellsouth.net] > Sent: Wednesday, June 26, 2002 12:53 AM > To: CANSLIM > Subject: [CANSLIM] WCOM restatement > > > once again, Andersen strikes again, this time by signing off on > Worldcom > hiding over $3 billion in expenses as capital expenditures, and thus > inflating cash flow. Restatement expected to take away last five > quarters of > profits and turn them into losses. > > Who gave this sanction to a deviation from GAAP (Generally Accepted > Accounting Principles)?? Andersen, of course. It's clear that Enron > was only > the tip of the iceberg, as if Waste Management, Sunbeam, and a host > of other > companies were not sufficient warning of major problems in corporate > policy > and infrastructure. Sad to see a great name like Andersen prostituted > to > selling its certification services for any price, but also clear that > it > must disappear from corporate America. And until every major company > audited > by Andersen undergoes a special review by the SEC on accounting > practices, I > doubt anyone will believe that we have finally seen it all. > > Tom Worley > stkguru@bellsouth.net > AIM: TexWorley > > > > - > -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. ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Yahoo! - Official partner of 2002 FIFA World Cup http://fifaworldcup.yahoo.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: Wed, 26 Jun 2002 05:20:30 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] WCOM restatement This is from Quicken.com, I was surprised by the huge gap between 1st and 3rd place. competitors in the Long Distance Carriers industry. Company Name Symbol Mkt Cap (000's) AT&T CORP T $35,950,127 WORLDCOM WCOM $2,459,154 GENERAL COMMUN. GNCMA $441,993 WORLDCOM-MCI GRP MCIT $215,586 PRIMUS TELECOM PRTL $37,585 Kent - --- Tom Worley wrote: > employee stock options > > reading the news this morning, it's clear the world has concluded > that > bankruptcy for Worldcom is going to happen, and soon, with a > subsequent > restructuring if it survives. All the banks across the globe must > have been > up all night figuring out their exposure. Looks to be wide spread, > haven't > seen any one yet with more than $300 million in exposure, with most > in the > size of $150 to 200 million. > > And MU's surprising loss reported after yesterday's close has futures > indicating down another 5% today. This is so far past ugly that > either > collapse or capitulation cannot be far away. Let's see, DOW at 5,000, > now > there's a nice round number. > > It's getting too hard to make money in this market, succeeded > yesterday in > both real world and VR accounts, but expect to pay the price today. > > ----- Original Message ----- > From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" > > To: > Sent: Wednesday, June 26, 2002 7:18 AM > Subject: RE: [CANSLIM] WCOM restatement > > > Well said, Tom. What is it that makes people do things for temporary > gain > when they know they'll probably get slammed for it in the future? > > I guess it's just greed, stupidity and arrogance. > > -----Original Message----- > From: Tom Worley [mailto:stkguru@bellsouth.net] > Sent: Wednesday, June 26, 2002 12:53 AM > To: CANSLIM > Subject: [CANSLIM] WCOM restatement > > > once again, Andersen strikes again, this time by signing off on > Worldcom > hiding over $3 billion in expenses as capital expenditures, and thus > inflating cash flow. Restatement expected to take away last five > quarters of > profits and turn them into losses. > > Who gave this sanction to a deviation from GAAP (Generally Accepted > Accounting Principles)?? Andersen, of course. It's clear that Enron > was only > the tip of the iceberg, as if Waste Management, Sunbeam, and a host > of other > companies were not sufficient warning of major problems in corporate > policy > and infrastructure. Sad to see a great name like Andersen prostituted > to > selling its certification services for any price, but also clear that > it > must disappear from corporate America. And until every major company > audited > by Andersen undergoes a special review by the SEC on accounting > practices, I > doubt anyone will believe that we have finally seen it all. > > Tom Worley > stkguru@bellsouth.net > AIM: TexWorley > > > > - > -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. ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Yahoo! - Official partner of 2002 FIFA World Cup http://fifaworldcup.yahoo.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: Wed, 26 Jun 2002 05:23:17 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] WCOM restatement Tom I agree that it will take time to audit all of Anderson's clients, but for the short term, I hope this is another capitulation point. Regards Kent Norman - --- Tom Worley wrote: > once again, Andersen strikes again, this time by signing off on > Worldcom > hiding over $3 billion in expenses as capital expenditures, and thus > inflating cash flow. Restatement expected to take away last five > quarters of > profits and turn them into losses. > > Who gave this sanction to a deviation from GAAP (Generally Accepted > Accounting Principles)?? Andersen, of course. It's clear that Enron > was only > the tip of the iceberg, as if Waste Management, Sunbeam, and a host > of other > companies were not sufficient warning of major problems in corporate > policy > and infrastructure. Sad to see a great name like Andersen prostituted > to > selling its certification services for any price, but also clear that > it > must disappear from corporate America. And until every major company > audited > by Andersen undergoes a special review by the SEC on accounting > practices, I > doubt anyone will believe that we have finally seen it all. > > Tom Worley > stkguru@bellsouth.net > AIM: TexWorley > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Yahoo! - Official partner of 2002 FIFA World Cup http://fifaworldcup.yahoo.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: Wed, 26 Jun 2002 08:31:31 -0400 From: "Winston Little" Subject: Re: [CANSLIM] WCOM restatement The gap may now be larger. Trading in WCOM was halted at a share price of $0.09 (down 90% from the closing yesterday, - ----- Original Message ----- From: "Kent Norman" To: Sent: Wednesday, June 26, 2002 8:20 AM Subject: Re: [CANSLIM] WCOM restatement > This is from Quicken.com, I was surprised by the huge gap between 1st > and 3rd place. > > competitors in the Long Distance Carriers industry. > > Company Name Symbol Mkt Cap (000's) > AT&T CORP T $35,950,127 > WORLDCOM WCOM $2,459,154 > GENERAL COMMUN. GNCMA $441,993 > WORLDCOM-MCI GRP MCIT $215,586 > PRIMUS TELECOM PRTL $37,585 > > Kent > > --- Tom Worley wrote: > > employee stock options > > > > reading the news this morning, it's clear the world has concluded > > that > > bankruptcy for Worldcom is going to happen, and soon, with a > > subsequent > > restructuring if it survives. All the banks across the globe must > > have been > > up all night figuring out their exposure. Looks to be wide spread, > > haven't > > seen any one yet with more than $300 million in exposure, with most > > in the > > size of $150 to 200 million. > > > > And MU's surprising loss reported after yesterday's close has futures > > indicating down another 5% today. This is so far past ugly that > > either > > collapse or capitulation cannot be far away. Let's see, DOW at 5,000, > > now > > there's a nice round number. > > > > It's getting too hard to make money in this market, succeeded > > yesterday in > > both real world and VR accounts, but expect to pay the price today. > > > > ----- Original Message ----- > > From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" > > > > To: > > Sent: Wednesday, June 26, 2002 7:18 AM > > Subject: RE: [CANSLIM] WCOM restatement > > > > > > Well said, Tom. What is it that makes people do things for temporary > > gain > > when they know they'll probably get slammed for it in the future? > > > > I guess it's just greed, stupidity and arrogance. > > > > -----Original Message----- > > From: Tom Worley [mailto:stkguru@bellsouth.net] > > Sent: Wednesday, June 26, 2002 12:53 AM > > To: CANSLIM > > Subject: [CANSLIM] WCOM restatement > > > > > > once again, Andersen strikes again, this time by signing off on > > Worldcom > > hiding over $3 billion in expenses as capital expenditures, and thus > > inflating cash flow. Restatement expected to take away last five > > quarters of > > profits and turn them into losses. > > > > Who gave this sanction to a deviation from GAAP (Generally Accepted > > Accounting Principles)?? Andersen, of course. It's clear that Enron > > was only > > the tip of the iceberg, as if Waste Management, Sunbeam, and a host > > of other > > companies were not sufficient warning of major problems in corporate > > policy > > and infrastructure. Sad to see a great name like Andersen prostituted > > to > > selling its certification services for any price, but also clear that > > it > > must disappear from corporate America. And until every major company > > audited > > by Andersen undergoes a special review by the SEC on accounting > > practices, I > > doubt anyone will believe that we have finally seen it all. > > > > Tom Worley > > stkguru@bellsouth.net > > AIM: TexWorley > > > > > > > > - > > -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. > > > ===== > Opportunities always look bigger going than coming. > > __________________________________________________ > Do You Yahoo!? > Yahoo! - Official partner of 2002 FIFA World Cup > http://fifaworldcup.yahoo.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. > - - - -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 #2514 ****************************** 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.