From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2615 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, July 17 2002 Volume 02 : Number 2615 In this issue: Re: [CANSLIM] Cheap? RE: [CANSLIM] Cheap? Re: [CANSLIM] Cheap? [CANSLIM] Earnings Growth Forecasts Re: [CANSLIM] Earnings Growth Forecasts [CANSLIM] earnings whispers [CANSLIM] chart reading RE: [CANSLIM] Cheap? RE: [CANSLIM] Accounting stuff (off topic, sorta) ---------------------------------------------------------------------- Date: Tue, 16 Jul 2002 23:17:22 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Cheap? This is a multi-part message in MIME format. - ------=_NextPart_000_003E_01C22D1E.F02831B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable be careful in looking at PE ratios without regard to industry groups. = Different groups historically and traditionally carry substantially = different PE ratios. Where a 20 in the insurance group might be = considered pricy, it could be cheap in a tech stock where expectations = may be for 30% or 50% growth. - ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 12:43 PM Subject: Re: [CANSLIM] Cheap? Zillagirl: You may have a point, but I suspect the high S&P 500 P/E is = more a function of large techs that are still overpriced. When you look = a many of the industry groups within the 500, the P/E's are low.=20 Take a look a the large insurance groups with P/E's in the 20 range, or = GE at 19, versus EBAY at 109 and INTC at 37.=20 Charley=20 - ------=_NextPart_000_003E_01C22D1E.F02831B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
be careful in looking at PE ratios without = regard to=20 industry groups. Different groups historically and traditionally carry=20 substantially different PE ratios. Where a 20 in the insurance group = might be=20 considered pricy, it could be cheap in a tech stock where expectations = may be=20 for 30% or 50% growth.
 
----- Original Message -----=20
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=
Sent: Tuesday, July 16, 2002 12:43 PM
Subject: Re: [CANSLIM] Cheap?

Zillagirl: = You may have a=20 point, but I suspect the high S&P 500 P/E is more a function of = large techs=20 that are still overpriced. When you look a many of the industry groups = within=20 the 500, the P/E's are low.
Take a look a the large insurance groups = with=20 P/E's in the 20 range, or GE at 19, versus EBAY at 109 and INTC at 37.=20

Charley - ------=_NextPart_000_003E_01C22D1E.F02831B0-- - - - -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, 16 Jul 2002 22:33:27 -0500 From: "Fred Richards" Subject: RE: [CANSLIM] Cheap? This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01C22D18.CD92A500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hey, Tom, care to let us know what tech groups are expecting 30-50% yearly growth rates? Now, letting us all in on those secrets would be just great. Fred -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, July 16, 2002 10:17 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Cheap? be careful in looking at PE ratios without regard to industry groups. Different groups historically and traditionally carry substantially different PE ratios. Where a 20 in the insurance group might be considered pricy, it could be cheap in a tech stock where expectations may be for 30% or 50% growth. ----- Original Message ----- From: Chazmoore@aol.com To: canslim@lists.xmission.com Sent: Tuesday, July 16, 2002 12:43 PM Subject: Re: [CANSLIM] Cheap? Zillagirl: You may have a point, but I suspect the high S&P 500 P/E is more a function of large techs that are still overpriced. When you look a many of the industry groups within the 500, the P/E's are low. Take a look a the large insurance groups with P/E's in the 20 range, or GE at 19, versus EBAY at 109 and INTC at 37. Charley - ------=_NextPart_000_000F_01C22D18.CD92A500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hey,=20 Tom, care to let us know what tech groups are expecting 30-50% yearly = growth=20 rates?
 
Now,=20 letting us all in on those secrets would be just = great.
 
Fred
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, July 16, 2002 10:17 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 Cheap?

be careful in looking at PE ratios without = regard to=20 industry groups. Different groups historically and traditionally carry = substantially different PE ratios. Where a 20 in the insurance group = might be=20 considered pricy, it could be cheap in a tech stock where expectations = may be=20 for 30% or 50% growth.
 
----- Original Message -----=20
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=
Sent: Tuesday, July 16, 2002 12:43 PM
Subject: Re: [CANSLIM] Cheap?

Zillagirl: = You may have=20 a point, but I suspect the high S&P 500 P/E is more a function of = large=20 techs that are still overpriced. When you look a many of the industry = groups=20 within the 500, the P/E's are low.
Take a look a the large = insurance=20 groups with P/E's in the 20 range, or GE at 19, versus EBAY at 109 and = INTC at=20 37.

Charley
- ------=_NextPart_000_000F_01C22D18.CD92A500-- - - - -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, 16 Jul 2002 23:42:08 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Cheap? This is a multi-part message in MIME format. - ------=_NextPart_000_007F_01C22D22.65FE7C70 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable probably a little too casual a comment by me with regard to any group = doing that well, meant more as a comment that higher PE ratios = traditionally are found in groups that are perceived to have = substantially higher earnings growth potential. That said, I do still see individual stocks with forecasts of that kind = of growth, and better. - ----- Original Message -----=20 From: Fred Richards=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 11:33 PM Subject: RE: [CANSLIM] Cheap? Hey, Tom, care to let us know what tech groups are expecting 30-50% = yearly growth rates? Now, letting us all in on those secrets would be just great. Fred -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, July 16, 2002 10:17 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Cheap? be careful in looking at PE ratios without regard to industry groups. = Different groups historically and traditionally carry substantially = different PE ratios. Where a 20 in the insurance group might be = considered pricy, it could be cheap in a tech stock where expectations = may be for 30% or 50% growth. ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 12:43 PM Subject: Re: [CANSLIM] Cheap? Zillagirl: You may have a point, but I suspect the high S&P 500 P/E is = more a function of large techs that are still overpriced. When you look = a many of the industry groups within the 500, the P/E's are low.=20 Take a look a the large insurance groups with P/E's in the 20 range, = or GE at 19, versus EBAY at 109 and INTC at 37.=20 Charley=20 - ------=_NextPart_000_007F_01C22D22.65FE7C70 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
probably a little too casual a comment by me = with regard=20 to any group doing that well, meant more as a comment that higher PE = ratios=20 traditionally are found in groups that are perceived to have = substantially=20 higher earnings growth potential.
 
That said, I do still see individual stocks with = forecasts=20 of that kind of growth, and better.
 
----- Original Message -----=20
From: Fred Richards =
To: canslim@lists.xmission.com=
Sent: Tuesday, July 16, 2002 11:33 PM
Subject: RE: [CANSLIM] Cheap?

Hey,=20 Tom, care to let us know what tech groups are expecting 30-50% yearly = growth=20 rates?
 
Now,=20 letting us all in on those secrets would be just = great.
 
Fred
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, July 16, 2002 10:17 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 Cheap?

be careful in looking at PE ratios without = regard to=20 industry groups. Different groups historically and traditionally carry = substantially different PE ratios. Where a 20 in the insurance group = might be=20 considered pricy, it could be cheap in a tech stock where expectations = may be=20 for 30% or 50% growth.
 
----- Original Message -----=20
From: Chazmoore@aol.com=20
Sent: Tuesday, July 16, 2002 12:43 PM
Subject: Re: [CANSLIM] Cheap?

Zillagirl: = You may have=20 a point, but I suspect the high S&P 500 P/E is more a function of = large=20 techs that are still overpriced. When you look a many of the industry = groups=20 within the 500, the P/E's are low.
Take a look a the large = insurance=20 groups with P/E's in the 20 range, or GE at 19, versus EBAY at 109 and = INTC at=20 37.

Charley
- ------=_NextPart_000_007F_01C22D22.65FE7C70-- - - - -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, 16 Jul 2002 22:54:30 -0500 From: Gene Ricci Subject: [CANSLIM] Earnings Growth Forecasts This is a multi-part message in MIME format. - ------=_NextPart_000_013A_01C22D1B.BEB7D200 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, do you have a favorite site or source for growth forecasts? ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 10:42 PM Subject: Re: [CANSLIM] Cheap? probably a little too casual a comment by me with regard to any group = doing that well, meant more as a comment that higher PE ratios = traditionally are found in groups that are perceived to have = substantially higher earnings growth potential. That said, I do still see individual stocks with forecasts of that = kind of growth, and better. ----- Original Message -----=20 From: Fred Richards=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 11:33 PM Subject: RE: [CANSLIM] Cheap? Hey, Tom, care to let us know what tech groups are expecting 30-50% = yearly growth rates? Now, letting us all in on those secrets would be just great. Fred -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, July 16, 2002 10:17 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Cheap? be careful in looking at PE ratios without regard to industry = groups. Different groups historically and traditionally carry = substantially different PE ratios. Where a 20 in the insurance group = might be considered pricy, it could be cheap in a tech stock where = expectations may be for 30% or 50% growth. ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 12:43 PM Subject: Re: [CANSLIM] Cheap? Zillagirl: You may have a point, but I suspect the high S&P 500 P/E = is more a function of large techs that are still overpriced. When you = look a many of the industry groups within the 500, the P/E's are low.=20 Take a look a the large insurance groups with P/E's in the 20 range, = or GE at 19, versus EBAY at 109 and INTC at 37.=20 Charley - ------=_NextPart_000_013A_01C22D1B.BEB7D200 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom, do you have a favorite site = or source=20 for growth forecasts?
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, July 16, 2002 = 10:42=20 PM
Subject: Re: [CANSLIM] = Cheap?

probably a little too casual a comment by me = with regard=20 to any group doing that well, meant more as a comment that higher PE = ratios=20 traditionally are found in groups that are perceived to have = substantially=20 higher earnings growth potential.
 
That said, I do still see individual stocks = with=20 forecasts of that kind of growth, and better.
 
----- Original Message -----=20
From: Fred = Richards
Sent: Tuesday, July 16, 2002 11:33 PM
Subject: RE: [CANSLIM] Cheap?

Hey,=20 Tom, care to let us know what tech groups are expecting 30-50% yearly = growth=20 rates?
 
Now,=20 letting us all in on those secrets would be just = great.
 
Fred
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, July 16, 2002 10:17 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 Cheap?

be careful in looking at PE ratios without = regard to=20 industry groups. Different groups historically and traditionally = carry=20 substantially different PE ratios. Where a 20 in the insurance group = might=20 be considered pricy, it could be cheap in a tech stock where = expectations=20 may be for 30% or 50% growth.
 
----- Original Message -----=20
From: = Chazmoore@aol.com
Sent: Tuesday, July 16, 2002 12:43 PM
Subject: Re: [CANSLIM] Cheap?

Zillagirl: You may=20 have a point, but I suspect the high S&P 500 P/E is more a = function of=20 large techs that are still overpriced. When you look a many of the = industry=20 groups within the 500, the P/E's are low.
Take a look a the = large=20 insurance groups with P/E's in the 20 range, or GE at 19, versus = EBAY at 109=20 and INTC at 37.

Charley=20
- ------=_NextPart_000_013A_01C22D1B.BEB7D200-- - - - -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, 17 Jul 2002 00:00:11 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Earnings Growth Forecasts This is a multi-part message in MIME format. - ------=_NextPart_000_009B_01C22D24.EB8F12D0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable no, I approach everything first from stocks hitting new highs, then look = at forecasts on those in industry groups I like, and with a chart = pattern that appeals. I do get an almost daily update on corporate = earnings "pre announcements" from EarningsWhisper (I think that's the = name, been getting it so long I don't pay attention, but will post the = address next one I get, probably tomorrow morning). I do check some = stocks from what I read there, and do occasionally find some gems worth = watching. TTEK was one I found that way, but the RS and chart are not = appealing. But I will look back on it occasionally after their = forecasted results are made official and see how it does. - ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 11:54 PM Subject: [CANSLIM] Earnings Growth Forecasts Tom, do you have a favorite site or source for growth forecasts? ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 10:42 PM Subject: Re: [CANSLIM] Cheap? probably a little too casual a comment by me with regard to any group = doing that well, meant more as a comment that higher PE ratios = traditionally are found in groups that are perceived to have = substantially higher earnings growth potential. That said, I do still see individual stocks with forecasts of that = kind of growth, and better. ----- Original Message -----=20 From: Fred Richards=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 11:33 PM Subject: RE: [CANSLIM] Cheap? Hey, Tom, care to let us know what tech groups are expecting 30-50% = yearly growth rates? Now, letting us all in on those secrets would be just great. Fred -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, July 16, 2002 10:17 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Cheap? be careful in looking at PE ratios without regard to industry = groups. Different groups historically and traditionally carry = substantially different PE ratios. Where a 20 in the insurance group = might be considered pricy, it could be cheap in a tech stock where = expectations may be for 30% or 50% growth. ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 16, 2002 12:43 PM Subject: Re: [CANSLIM] Cheap? Zillagirl: You may have a point, but I suspect the high S&P 500 P/E = is more a function of large techs that are still overpriced. When you = look a many of the industry groups within the 500, the P/E's are low.=20 Take a look a the large insurance groups with P/E's in the 20 range, = or GE at 19, versus EBAY at 109 and INTC at 37.=20 Charley=20 - ------=_NextPart_000_009B_01C22D24.EB8F12D0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
no, I approach everything first from stocks = hitting new=20 highs, then look at forecasts on those in industry groups I like, and = with a=20 chart pattern that appeals. I do get an almost daily update on corporate = earnings "pre announcements" from EarningsWhisper (I think that's the = name, been=20 getting it so long I don't pay attention, but will post the address next = one I=20 get, probably tomorrow morning).  I do check some stocks from what = I read=20 there, and do occasionally find some gems worth watching. TTEK was one I = found=20 that way, but the RS and chart are not appealing. But I will look back = on it=20 occasionally after their forecasted results are made official and see = how it=20 does.
 
----- Original Message -----=20
From: Gene Ricci =
Sent: Tuesday, July 16, 2002 11:54 PM
Subject: [CANSLIM] Earnings Growth Forecasts

Tom, do you have a favorite site = or source=20 for growth forecasts?
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, July 16, 2002 = 10:42=20 PM
Subject: Re: [CANSLIM] = Cheap?

probably a little too casual a comment by me = with regard=20 to any group doing that well, meant more as a comment that higher PE = ratios=20 traditionally are found in groups that are perceived to have = substantially=20 higher earnings growth potential.
 
That said, I do still see individual stocks = with=20 forecasts of that kind of growth, and better.
 
----- Original Message -----=20
From: Fred = Richards
Sent: Tuesday, July 16, 2002 11:33 PM
Subject: RE: [CANSLIM] Cheap?

Hey,=20 Tom, care to let us know what tech groups are expecting 30-50% yearly = growth=20 rates?
 
Now,=20 letting us all in on those secrets would be just = great.
 
Fred
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, July 16, 2002 10:17 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 Cheap?

be careful in looking at PE ratios without = regard to=20 industry groups. Different groups historically and traditionally = carry=20 substantially different PE ratios. Where a 20 in the insurance group = might=20 be considered pricy, it could be cheap in a tech stock where = expectations=20 may be for 30% or 50% growth.
 
----- Original Message -----=20
From: = Chazmoore@aol.com
Sent: Tuesday, July 16, 2002 12:43 PM
Subject: Re: [CANSLIM] Cheap?

Zillagirl: You may=20 have a point, but I suspect the high S&P 500 P/E is more a = function of=20 large techs that are still overpriced. When you look a many of the = industry=20 groups within the 500, the P/E's are low.
Take a look a the = large=20 insurance groups with P/E's in the 20 range, or GE at 19, versus = EBAY at 109=20 and INTC at 37.

Charley=20
- ------=_NextPart_000_009B_01C22D24.EB8F12D0-- - - - -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, 17 Jul 2002 06:25:02 -0400 From: "Tom Worley" Subject: [CANSLIM] earnings whispers one member asked if I use a site for earnings forecasts. This is the only one I use besides DGO http://www.earningswhispers.com/ On the left column are several free services, which I have found helpful. 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, 17 Jul 2002 07:32:03 -0400 From: "Tom Worley" Subject: [CANSLIM] chart reading nice, quick refresher http://www.amateur-investors.com/Chart_Patterns_Article.htm only one I caught was FSTW 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, 17 Jul 2002 09:16:28 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Cheap? This is a multi-part message in MIME format. - ------=_NextPart_000_002A_01C22D72.A516ED20 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit or in the current HOT homebuilding sector where <=10 is commonplace. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Tuesday, July 16, 2002 11:17 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Cheap? be careful in looking at PE ratios without regard to industry groups. Different groups historically and traditionally carry substantially different PE ratios. Where a 20 in the insurance group might be considered pricy, it could be cheap in a tech stock where expectations may be for 30% or 50% growth. - ----- Original Message ----- From: Chazmoore@aol.com To: canslim@lists.xmission.com Sent: Tuesday, July 16, 2002 12:43 PM Subject: Re: [CANSLIM] Cheap? Zillagirl: You may have a point, but I suspect the high S&P 500 P/E is more a function of large techs that are still overpriced. When you look a many of the industry groups within the 500, the P/E's are low. Take a look a the large insurance groups with P/E's in the 20 range, or GE at 19, versus EBAY at 109 and INTC at 37. Charley - ------=_NextPart_000_002A_01C22D72.A516ED20 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
or in the = current HOT=20 homebuilding sector where <=3D10 is commonplace.
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Tom Worley
Sent: Tuesday, July 16, 2002 = 11:17=20 PM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Cheap?

be careful in looking at PE ratios without = regard to=20 industry groups. Different groups historically and traditionally carry = substantially different PE ratios. Where a 20 in the insurance group = might be=20 considered pricy, it could be cheap in a tech stock where expectations = may be=20 for 30% or 50% growth.
 
----- Original Message -----=20
From: Chazmoore@aol.com=20
Sent: Tuesday, July 16, 2002 12:43 PM
Subject: Re: [CANSLIM] Cheap?

Zillagirl: = You may have=20 a point, but I suspect the high S&P 500 P/E is more a function of = large=20 techs that are still overpriced. When you look a many of the industry = groups=20 within the 500, the P/E's are low.
Take a look a the large = insurance=20 groups with P/E's in the 20 range, or GE at 19, versus EBAY at 109 and = INTC at=20 37.

Charley
- ------=_NextPart_000_002A_01C22D72.A516ED20-- - - - -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, 17 Jul 2002 09:24:00 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Accounting stuff (off topic, sorta) Fred: Below, you state: "As a result, you are left with candidates who are cronies, politically-correct figure-heads who haven't the faintest idea of what the business is about, and people who could not read a financial statement, interpret the accounting notes, and make a decision if there life depended upon it." I'll bet my last nickel if you did a survey and asked to what group of people it best describes, it would be unanimous: "Politicians!" - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Fred Richards Sent: Sunday, July 14, 2002 4:39 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Accounting stuff (off topic, sorta) This is a perfect example of a "feel-good" regulations that will prevent a lot of good and qualified people for refusing to take on the responsibility of being CEO's and/or CFO's. In fact, I already know of three CEO's who are top-notch and rather young who have been advised by their financial advisors to resign and retire before this terrible regulation goes into effect. At this point, at least two of them are submitting their letters of resignation. Over the last 20 years, a large number of my acquaintances and myself have refused to accept offers to be on public boards. Even with the liability insurance, it isn't worth the hassle. In the end, these types of "feel-good" will have the exact opposite effect. Qualified people will find it increasingly necessary to refrain from the potential financial and criminal exposure. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of J. Lobatto Sent: Saturday, July 13, 2002 8:30 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) Have to admit I find this provision of the law fairly bizarre. How can a CEO or CFO of a huge corporation personally verify the accuracy of a financial report. Is he or she supposed to hire his own auditors to audit the report. If I were facing a possible criminal charge for false certification, I'd want to........ Jon - ----- Original Message ----- From: "Tom Worley" To: Sent: Saturday, July 13, 2002 6:56 PM Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) > I think you are referring to a new requirement that the CEOs and CFOs > personally certify the accuracy of their Q3 financial reports. A false > certification would be subject to criminal prosecution. > > ----- Original Message ----- > From: "zillagirl" > To: > Sent: Saturday, July 13, 2002 6:54 PM > Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) > > > I heard that starting in August the law is different and these people > and the CEOs will be breaking the new laws?? Didn't listen to all the > details because I thought Id hear it again by then. I was wondering > if a lot of these companies will try to restate to get in under the > wire. > ----- Original Message ----- > From: "Duke Miller" > To: > Sent: Saturday, July 13, 2002 1:53 PM > Subject: RE: [CANSLIM] Accounting stuff (off topic, sorta) > > > > And, if you believe what we've seen lately in the press, the > > Andersen auditors are going to the company's new accounting firms > > with the account. The SAME auditor will be in charge of the audit! > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston > > Little > > Sent: Saturday, July 13, 2002 2:56 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) > > > > > > Let us assume that the second house does a full audit. > > How much confidence can one have that the second audit is "good"? > > The rules for treatment of the financials do not appear to be > > absolute, thus the second audit could just be as full of controversy > > as the first, perhaps in different areas, as the popular sentiment > > for criticism changes. > > > > > > ----- Original Message ----- > > From: "Patrick Wahl" > > To: > > Sent: Saturday, July 13, 2002 1:12 AM > > Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) > > > > > > > Do you blame them for wanting to do a full audit? > > > > > > On 12 Jul 2002 at 23:05, Tom Worley wrote: > > > > > > > cool way for the Big 4 to increase their revenues and potential > > > > earnings (BTW, who audits the auditors??). This way they will be > > > > able to charge > > for > > > > two full audits instead of just one, at the expense of the corps > > > > (shareholders). > > > > > > > > > > > > - > > > -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. - - - -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 #2615 ****************************** 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.