From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2821 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 Sunday, August 18 2002 Volume 02 : Number 2821 In this issue: Re: [CANSLIM] ANSI Re: [CANSLIM] ANSI Re: [CANSLIM] ANSI Re: [CANSLIM] ANSI [CANSLIM] David Ryan Re: [CANSLIM] David Ryan Re: [CANSLIM] David Ryan ---------------------------------------------------------------------- Date: Sun, 18 Aug 2002 07:10:35 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] ANSI This is a multi-part message in MIME format. - ------=_NextPart_000_00CC_01C24686.596CCDE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Morning Tom, Yes, they use the same methodology. I recalled we've discussed the 3 vs = 5 yr difference between IBD and DGO data on the list recently, so didn't = mention that specifically. Here's the IBD definition from their help = files: EPS Growth Rate %, 3 YEAR The compound 3-year growth rate calculated using the least squares fit = over the latest two to three years' earnings per share on a running = 12-month basis. Growth rate will be calculated only if there is a = minimum of eight trailing 4-quarter periods of positive earnings (uses a = minimum of 11 quarters of data).=20 - -Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 18, 2002 7:01 AM Subject: Re: [CANSLIM] ANSI Hi Katherine, What I don't know is if IBD is also using the regression method. The = only thing I ever saw confirmed is that they use only a 3 year period, = while DGO uses up to 5 years when available. ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 18, 2002 7:57 AM Subject: Re: [CANSLIM] ANSI Hermann & Tom,=20 No mystery, just need to know the definition, this one from the = DailyGraph help files (highlighting is mine). The regression approach is = the reason why a back of the envelope check doesn't always appear to = match their numbers. Earnings Growth Rate % This item is calculated by using a least squares regression fit over a = 3-to-5 year period of earnings per share based on a trailing = four-quarter count. For example, if a stock is currently in its second = quarter, the first period used in this calculation will consist of the = sum of Q2 + Q1 (of the current fiscal year) plus Q4 +Q3 (of the prior = fiscal year). Each successive period will be based on the next trailing = four quarters of earnings per share.=20 The amount of time used to calculate the Growth Rate is based on two = factors;=20 a.. Availability of data=20 b.. Positive earnings=20 If a stock does not have at least three years of positive earnings = (based on the trailing four-quarter method noted above), an "N/A" will = appear.=20 The amount of time used for this calculation will consist of at least = three years but no more than five years of positive earnings per share. = If a four-quarter period sum is negative, that period and additional = earnings further back in time, will not be used in the calculation of = this data item.=20 --Katherine ----- Original Message -----=20 From: "Tom Worley" To: Sent: Sunday, August 18, 2002 6:40 AM Subject: Re: [CANSLIM] ANSI | Sorry, Hermann, I could have explained better. In 1998, ANSI earned = 30 | cents. So from 1998 thru last year, earnings declined from 30 cents = to 21 | cents. That's a 30% decline. Annualized would be less, so I can't = explain | the -27%. You should note that IBD uses a 3 year cycle, while DGO = (where | the growth rate shows as +4%) uses 5 years. |=20 | ----- Original Message ----- | From: "Hermann Ertl" | To: | Sent: Sunday, August 18, 2002 2:14 AM | Subject: Re: [CANSLIM] ANSI |=20 |=20 | > From: "Tom Worley" | > Date: Sat, 17 Aug 2002 10:00:20 -0400 | > | > Jack, a good example of how you have to be careful with = "calculated" long | > term statistics. In this case, ANSI earned (by DGO's adjusted | calculations) | > a total of 75 cents in 1999, then dropped to 9 cents in 2000 and = 21 cents | in | > 2001. So 2001 looks good by comparison, but lousy on a 3 year = basis. On | the | > other hand, the forecasts of 51 cents this year and 77 cents next = year | > continue the short term trend higher at a rate that well exceeds = market | > norms. | > | > ----- Original Message ----- | > From: "Jack Tencza" | > Sent: Saturday, August 17, 2002 9:34 AM | > | > | > IBD vital statistics shows ANSI's 3 yr. EPS at -27%. | > Am I correct in assuming this is a straight line | > calculation? If it was $1.00 3 yrs. ago, today it's | > .73? |=20 |=20 |=20 | Tom, your data do not explain, "3 yr. EPS at -27%." | In order to calculate a three year trend (Jack says, "3 yrs. ago") | one needs data for four years - you supplied only data for three | years. |=20 | If you supply data for four years we may can figure out the answer | to Jack's question how the three year trend is calculated, or do | you know? |=20 | Maybe the problem lies somewhere else. Maybe quarterly results were | used. |=20 |=20 |=20 |=20 |=20 | - | -To subscribe/unsubscribe, email "majordomo@xmission.com" | -In the email body, write "subscribe canslim" or | -"unsubscribe canslim". Do not use quotes in your email. |=20 |=20 |=20 |=20 | - | -To subscribe/unsubscribe, email "majordomo@xmission.com" | -In the email body, write "subscribe canslim" or | -"unsubscribe canslim". Do not use quotes in your email.=20 - ------=_NextPart_000_00CC_01C24686.596CCDE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Morning Tom,
 
Yes, they use the same methodology. I recalled we've discussed the = 3 vs 5=20 yr difference between IBD and DGO data on the list recently, so didn't = mention=20 that specifically. Here's the IBD definition from their help = files:
 
EPS Growth Rate %, 3 YEAR
The compound 3-year growth rate calculated using the least squares = fit over=20 the latest two to three years=92 earnings per share on a running = 12-month basis.=20 Growth rate will be calculated only if there is a minimum of eight = trailing=20 4-quarter periods of positive earnings (uses a minimum of 11 quarters of = data).=20
 
-Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Sunday, August 18, 2002 = 7:01=20 AM
Subject: Re: [CANSLIM] = ANSI

Hi Katherine,
 
What I don't know is if IBD is also using the = regression=20 method. The only thing I ever saw confirmed is that they use only a 3 = year=20 period, while DGO uses up to 5 years when available.
 
----- Original Message -----=20
From: Katherine Malm=20
Sent: Sunday, August 18, 2002 7:57 AM
Subject: Re: [CANSLIM] ANSI

Hermann & Tom,
 
No mystery, just need to know the definition, this one from the=20 DailyGraph help files (highlighting is mine). The regression approach = is the=20 reason why a back of the envelope check doesn't always appear to match = their=20 numbers.
 
Earnings Growth Rate %

This item is calculated by using a least = squares=20 regression fit over a 3-to-5 year period of earnings per share based = on a=20 trailing four-quarter count. For example, if a stock is = currently=20 in its second quarter, the first period used in this calculation will = consist=20 of the sum of Q2 + Q1 (of the current fiscal year) plus Q4 +Q3 (of the = prior=20 fiscal year). Each successive period will be based on the next = trailing four=20 quarters of earnings per share.

The amount of time used to = calculate=20 the Growth Rate is based on two factors;=20

  • Availability of data=20
  • Positive earnings
If a stock does not have at least three years of positive = earnings (based=20 on the trailing four-quarter method noted above), an "N/A" will = appear.=20

The amount of time used for this calculation will consist of = at least=20 three years but no more than five years of positive earnings per = share. If a=20 four-quarter period sum is negative, that period and additional = earnings=20 further back in time, will not be used in the calculation of this data = item.=20

--Katherine
 
----- Original Message -----=20
From: "Tom Worley" <stkguru@bellsouth.net>
=
To: <canslim@lists.xmission.com= >
Sent: Sunday, August 18, 2002 6:40 AM
Subject: Re: [CANSLIM] ANSI

| Sorry, Hermann, I could have explained better. In = 1998, ANSI=20 earned 30
| cents. So from 1998 thru last year, earnings declined = from 30=20 cents to 21
| cents. That's a 30% decline. Annualized would be = less, so I=20 can't explain
| the -27%.  You should note that IBD uses a 3 = year=20 cycle, while DGO (where
| the growth rate shows as +4%) uses 5 = years.
|=20
| ----- Original Message -----
| From: "Hermann Ertl" <hertl@attglobal.net>
| = To: <canslim@lists.xmission.com= >
|=20 Sent: Sunday, August 18, 2002 2:14 AM
| Subject: Re: [CANSLIM] = ANSI
|=20
|
| > From: "Tom Worley" <stkguru@bellsouth.net>
| = >=20 Date: Sat, 17 Aug 2002 10:00:20 -0400
| >
| > Jack, a good = example=20 of how you have to be careful with "calculated" long
| > term=20 statistics. In this case, ANSI earned (by DGO's adjusted
|=20 calculations)
| > a total of 75 cents in 1999, then dropped to 9 = cents=20 in 2000 and 21 cents
| in
| > 2001. So 2001 looks good by = comparison,=20 but lousy on a 3 year basis. On
| the
| > other hand, the = forecasts=20 of 51 cents this year and 77 cents next year
| > continue the = short term=20 trend higher at a rate that well exceeds market
| > norms.
|=20 >
| > ----- Original Message -----
| > From: "Jack = Tencza"=20 <jtenz@yahoo.com>
| = > Sent:=20 Saturday, August 17, 2002 9:34 AM
| >
| >
| > IBD = vital=20 statistics shows ANSI's 3 yr. EPS at -27%.
| > Am I correct in = assuming=20 this is a straight line
| > calculation? If it was $1.00 3 yrs. = ago,=20 today it's
| > .73?
|
|
|
| Tom, your data do not = explain, "3 yr. EPS at -27%."
| In order to calculate a three year = trend=20 (Jack says, "3 yrs. ago")
| one needs data for four years - you = supplied=20 only data for three
| years.
|
| If you supply data for four = years=20 we may can figure out the answer
| to Jack's question how the three = year=20 trend is calculated, or do
| you know?
|
| Maybe the problem = lies=20 somewhere else. Maybe quarterly results were
| used.
|
| =
|
|=20
|
| -
| -To subscribe/unsubscribe, email "majordomo@xmission.com"
| = - -In the=20 email body, write "subscribe canslim" or
| -"unsubscribe = canslim".  Do=20 not use quotes in your email.
|
|
|
|
| -
| -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
| = - -In the=20 email body, write "subscribe canslim" or
| -"unsubscribe = canslim".  Do=20 not use quotes in your email. - ------=_NextPart_000_00CC_01C24686.596CCDE0-- - - - -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: Sun, 18 Aug 2002 05:11:29 -0700 (PDT) From: Jack Tencza Subject: Re: [CANSLIM] ANSI Good morning all. Good to see others up so early too. Tom, thanks for your answer yesterday. Based on your 1999-2003 I calculated that 1998 EPS should be around .30. However, I couldn't confirm it. Moneycentral.msn did not have the data in their 10 year financial summary, at least for non-subscribers. I'm going to call IBD on Monday. I'm not sure why this "hunt for an answer" is so important to me but something to do while watching some PGA yesterday. Jack - --- Tom Worley wrote: > Hi Katherine, > > What I don't know is if IBD is also using the > regression method. The only thing I ever saw > confirmed is that they use only a 3 year period, > while DGO uses up to 5 years when available. > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Sunday, August 18, 2002 7:57 AM > Subject: Re: [CANSLIM] ANSI > > > Hermann & Tom, > > No mystery, just need to know the definition, this > one from the DailyGraph help files (highlighting is > mine). The regression approach is the reason why a > back of the envelope check doesn't always appear to > match their numbers. > > Earnings Growth Rate % > This item is calculated by using a least squares > regression fit over a 3-to-5 year period of earnings > per share based on a trailing four-quarter count. > For example, if a stock is currently in its second > quarter, the first period used in this calculation > will consist of the sum of Q2 + Q1 (of the current > fiscal year) plus Q4 +Q3 (of the prior fiscal year). > Each successive period will be based on the next > trailing four quarters of earnings per share. > > The amount of time used to calculate the Growth Rate > is based on two factors; > > a.. Availability of data > b.. Positive earnings > If a stock does not have at least three years of > positive earnings (based on the trailing > four-quarter method noted above), an "N/A" will > appear. > > The amount of time used for this calculation will > consist of at least three years but no more than > five years of positive earnings per share. If a > four-quarter period sum is negative, that period and > additional earnings further back in time, will not > be used in the calculation of this data item. > > --Katherine > > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Sunday, August 18, 2002 6:40 AM > Subject: Re: [CANSLIM] ANSI > > > | Sorry, Hermann, I could have explained better. In > 1998, ANSI earned 30 > | cents. So from 1998 thru last year, earnings > declined from 30 cents to 21 > | cents. That's a 30% decline. Annualized would be > less, so I can't explain > | the -27%. You should note that IBD uses a 3 year > cycle, while DGO (where > | the growth rate shows as +4%) uses 5 years. > | > | ----- Original Message ----- > | From: "Hermann Ertl" > | To: > | Sent: Sunday, August 18, 2002 2:14 AM > | Subject: Re: [CANSLIM] ANSI > | > | > | > From: "Tom Worley" > | > Date: Sat, 17 Aug 2002 10:00:20 -0400 > | > > | > Jack, a good example of how you have to be > careful with "calculated" long > | > term statistics. In this case, ANSI earned (by > DGO's adjusted > | calculations) > | > a total of 75 cents in 1999, then dropped to 9 > cents in 2000 and 21 cents > | in > | > 2001. So 2001 looks good by comparison, but > lousy on a 3 year basis. On > | the > | > other hand, the forecasts of 51 cents this year > and 77 cents next year > | > continue the short term trend higher at a rate > that well exceeds market > | > norms. > | > > | > ----- Original Message ----- > | > From: "Jack Tencza" > | > Sent: Saturday, August 17, 2002 9:34 AM > | > > | > > | > IBD vital statistics shows ANSI's 3 yr. EPS at > -27%. > | > Am I correct in assuming this is a straight line > | > calculation? If it was $1.00 3 yrs. ago, today > it's > | > .73? > | > | > | > | Tom, your data do not explain, "3 yr. EPS at > -27%." > | In order to calculate a three year trend (Jack > says, "3 yrs. ago") > | one needs data for four years - you supplied only > data for three > | years. > | > | If you supply data for four years we may can > figure out the answer > | to Jack's question how the three year trend is > calculated, or do > | you know? > | > | Maybe the problem lies somewhere else. Maybe > quarterly results were > | used. > | > | > | > | > | > | - > | -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. > ===== Jack __________________________________________________ Do You Yahoo!? HotJobs - Search Thousands of New Jobs http://www.hotjobs.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: Sun, 18 Aug 2002 05:15:39 -0700 (PDT) From: Jack Tencza Subject: Re: [CANSLIM] ANSI Holy Cow! Katherine thanks. Seems like I remember seeing this somewhere. Where did you find this in IBD help? Jack - --- Katherine Malm wrote: > Morning Tom, > > Yes, they use the same methodology. I recalled we've > discussed the 3 vs 5 yr difference between IBD and > DGO data on the list recently, so didn't mention > that specifically. Here's the IBD definition from > their help files: > > EPS Growth Rate %, 3 YEAR > The compound 3-year growth rate calculated using the > least squares fit over the latest two to three > years' earnings per share on a running 12-month > basis. Growth rate will be calculated only if there > is a minimum of eight trailing 4-quarter periods of > positive earnings (uses a minimum of 11 quarters of > data). > > -Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Sunday, August 18, 2002 7:01 AM > Subject: Re: [CANSLIM] ANSI > > > Hi Katherine, > > What I don't know is if IBD is also using the > regression method. The only thing I ever saw > confirmed is that they use only a 3 year period, > while DGO uses up to 5 years when available. > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Sunday, August 18, 2002 7:57 AM > Subject: Re: [CANSLIM] ANSI > > > Hermann & Tom, > > No mystery, just need to know the definition, this > one from the DailyGraph help files (highlighting is > mine). The regression approach is the reason why a > back of the envelope check doesn't always appear to > match their numbers. > > Earnings Growth Rate % > This item is calculated by using a least squares > regression fit over a 3-to-5 year period of earnings > per share based on a trailing four-quarter count. > For example, if a stock is currently in its second > quarter, the first period used in this calculation > will consist of the sum of Q2 + Q1 (of the current > fiscal year) plus Q4 +Q3 (of the prior fiscal year). > Each successive period will be based on the next > trailing four quarters of earnings per share. > > The amount of time used to calculate the Growth > Rate is based on two factors; > > a.. Availability of data > b.. Positive earnings > If a stock does not have at least three years of > positive earnings (based on the trailing > four-quarter method noted above), an "N/A" will > appear. > > The amount of time used for this calculation will > consist of at least three years but no more than > five years of positive earnings per share. If a > four-quarter period sum is negative, that period and > additional earnings further back in time, will not > be used in the calculation of this data item. > > --Katherine > > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Sunday, August 18, 2002 6:40 AM > Subject: Re: [CANSLIM] ANSI > > > | Sorry, Hermann, I could have explained better. > In 1998, ANSI earned 30 > | cents. So from 1998 thru last year, earnings > declined from 30 cents to 21 > | cents. That's a 30% decline. Annualized would be > less, so I can't explain > | the -27%. You should note that IBD uses a 3 > year cycle, while DGO (where > | the growth rate shows as +4%) uses 5 years. > | > | ----- Original Message ----- > | From: "Hermann Ertl" > | To: > | Sent: Sunday, August 18, 2002 2:14 AM > | Subject: Re: [CANSLIM] ANSI > | > | > | > From: "Tom Worley" > | > Date: Sat, 17 Aug 2002 10:00:20 -0400 > | > > | > Jack, a good example of how you have to be > careful with "calculated" long > | > term statistics. In this case, ANSI earned (by > DGO's adjusted > | calculations) > | > a total of 75 cents in 1999, then dropped to 9 > cents in 2000 and 21 cents > | in > | > 2001. So 2001 looks good by comparison, but > lousy on a 3 year basis. On > | the > | > other hand, the forecasts of 51 cents this > year and 77 cents next year > | > continue the short term trend higher at a rate > that well exceeds market > | > norms. > | > > | > ----- Original Message ----- > | > From: "Jack Tencza" > | > Sent: Saturday, August 17, 2002 9:34 AM > | > > | > > | > IBD vital statistics shows ANSI's 3 yr. EPS at > -27%. > | > Am I correct in assuming this is a straight > line > | > calculation? If it was $1.00 3 yrs. ago, today > it's > | > .73? > | > | > | > | Tom, your data do not explain, "3 yr. EPS at > -27%." > | In order to calculate a three year trend (Jack > says, "3 yrs. ago") > | one needs data for four years - you supplied > only data for three > | years. > | > | If you supply data for four years we may can > figure out the answer > | to Jack's question how the three year trend is > calculated, or do > | you know? > | > | Maybe the problem lies somewhere else. Maybe > quarterly results were > | used. > | > | > | > | > | > | - > | -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. > ===== Jack __________________________________________________ Do You Yahoo!? HotJobs - Search Thousands of New Jobs http://www.hotjobs.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: Sun, 18 Aug 2002 07:25:13 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] ANSI Hi Jack, Yes, copied the definition in the help files at IBD. Click on the Stock Checkup for ANSI (or any stock) and there is a small gray rectangular "Help" button to the top right. There's a glossary of terms, etc. Same is true for DailyGraphs Online, where they have a complete Help file available from the menu selections. Katherine - ----- Original Message ----- From: "Jack Tencza" To: Sent: Sunday, August 18, 2002 7:15 AM Subject: Re: [CANSLIM] ANSI | Holy Cow! Katherine thanks. Seems like I remember | seeing this somewhere. Where did you find this in IBD | help? | | Jack | --- Katherine Malm wrote: | > Morning Tom, | > | > Yes, they use the same methodology. I recalled we've | > discussed the 3 vs 5 yr difference between IBD and | > DGO data on the list recently, so didn't mention | > that specifically. Here's the IBD definition from | > their help files: | > | > EPS Growth Rate %, 3 YEAR | > The compound 3-year growth rate calculated using the | > least squares fit over the latest two to three | > years' earnings per share on a running 12-month | > basis. Growth rate will be calculated only if there | > is a minimum of eight trailing 4-quarter periods of | > positive earnings (uses a minimum of 11 quarters of | > data). | > | > -Katherine | > ----- Original Message ----- | > From: Tom Worley | > To: canslim@lists.xmission.com | > Sent: Sunday, August 18, 2002 7:01 AM | > Subject: Re: [CANSLIM] ANSI | > | > | > Hi Katherine, | > | > What I don't know is if IBD is also using the | > regression method. The only thing I ever saw | > confirmed is that they use only a 3 year period, | > while DGO uses up to 5 years when available. | > | > ----- Original Message ----- | > From: Katherine Malm | > To: canslim@lists.xmission.com | > Sent: Sunday, August 18, 2002 7:57 AM | > Subject: Re: [CANSLIM] ANSI | > | > | > Hermann & Tom, | > | > No mystery, just need to know the definition, this | > one from the DailyGraph help files (highlighting is | > mine). The regression approach is the reason why a | > back of the envelope check doesn't always appear to | > match their numbers. | > | > Earnings Growth Rate % | > This item is calculated by using a least squares | > regression fit over a 3-to-5 year period of earnings | > per share based on a trailing four-quarter count. | > For example, if a stock is currently in its second | > quarter, the first period used in this calculation | > will consist of the sum of Q2 + Q1 (of the current | > fiscal year) plus Q4 +Q3 (of the prior fiscal year). | > Each successive period will be based on the next | > trailing four quarters of earnings per share. | > | > The amount of time used to calculate the Growth | > Rate is based on two factors; | > | > a.. Availability of data | > b.. Positive earnings | > If a stock does not have at least three years of | > positive earnings (based on the trailing | > four-quarter method noted above), an "N/A" will | > appear. | > | > The amount of time used for this calculation will | > consist of at least three years but no more than | > five years of positive earnings per share. If a | > four-quarter period sum is negative, that period and | > additional earnings further back in time, will not | > be used in the calculation of this data item. | > | > --Katherine | > | > ----- Original Message ----- | > From: "Tom Worley" | > To: | > Sent: Sunday, August 18, 2002 6:40 AM | > Subject: Re: [CANSLIM] ANSI | > | > | > | Sorry, Hermann, I could have explained better. | > In 1998, ANSI earned 30 | > | cents. So from 1998 thru last year, earnings | > declined from 30 cents to 21 | > | cents. That's a 30% decline. Annualized would be | > less, so I can't explain | > | the -27%. You should note that IBD uses a 3 | > year cycle, while DGO (where | > | the growth rate shows as +4%) uses 5 years. | > | | > | ----- Original Message ----- | > | From: "Hermann Ertl" | > | To: | > | Sent: Sunday, August 18, 2002 2:14 AM | > | Subject: Re: [CANSLIM] ANSI | > | | > | | > | > From: "Tom Worley" | > | > Date: Sat, 17 Aug 2002 10:00:20 -0400 | > | > | > | > Jack, a good example of how you have to be | > careful with "calculated" long | > | > term statistics. In this case, ANSI earned (by | > DGO's adjusted | > | calculations) | > | > a total of 75 cents in 1999, then dropped to 9 | > cents in 2000 and 21 cents | > | in | > | > 2001. So 2001 looks good by comparison, but | > lousy on a 3 year basis. On | > | the | > | > other hand, the forecasts of 51 cents this | > year and 77 cents next year | > | > continue the short term trend higher at a rate | > that well exceeds market | > | > norms. | > | > | > | > ----- Original Message ----- | > | > From: "Jack Tencza" | > | > Sent: Saturday, August 17, 2002 9:34 AM | > | > | > | > | > | > IBD vital statistics shows ANSI's 3 yr. EPS at | > -27%. | > | > Am I correct in assuming this is a straight | > line | > | > calculation? If it was $1.00 3 yrs. ago, today | > it's | > | > .73? | > | | > | | > | | > | Tom, your data do not explain, "3 yr. EPS at | > -27%." | > | In order to calculate a three year trend (Jack | > says, "3 yrs. ago") | > | one needs data for four years - you supplied | > only data for three | > | years. | > | | > | If you supply data for four years we may can | > figure out the answer | > | to Jack's question how the three year trend is | > calculated, or do | > | you know? | > | | > | Maybe the problem lies somewhere else. Maybe | > quarterly results were | > | used. - - - -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: Sun, 18 Aug 2002 09:33:18 -0400 From: "J. Lobatto" Subject: [CANSLIM] David Ryan This is a multi-part message in MIME format. - ------=_NextPart_000_0034_01C2469A.495D14A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Anyone know the whereabouts or whatabouts of David Ryan? I do recall = that he and WON started a mutual fund several years ago that had = mediocre performance and that was bought out by a fund family. Does he = still manage money these days and if so, anyone aware of a track record? Jon - ------=_NextPart_000_0034_01C2469A.495D14A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Anyone know the whereabouts or = whatabouts of David=20 Ryan? I do recall that he and WON started a mutual fund several years = ago that=20 had mediocre performance and that was bought out by a fund family. Does = he still=20 manage money these days and if so, anyone aware of a track = record?
 
Jon
- ------=_NextPart_000_0034_01C2469A.495D14A0-- - - - -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: Sun, 18 Aug 2002 09:39:12 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] David Ryan This is a multi-part message in MIME format. - ------=_NextPart_000_0116_01C2469B.1BFFF670 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I heard he and WON parted ways after the mutual fund fell flat on its = face. I think he is still in the industry, but don't know where. Wasn't = impressed with his performance running the fund, nor some of his = decision making, so had no further interest in his performance. - ----- Original Message -----=20 From: J. Lobatto=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 18, 2002 9:33 AM Subject: [CANSLIM] David Ryan Anyone know the whereabouts or whatabouts of David Ryan? I do recall = that he and WON started a mutual fund several years ago that had = mediocre performance and that was bought out by a fund family. Does he = still manage money these days and if so, anyone aware of a track record? Jon - ------=_NextPart_000_0116_01C2469B.1BFFF670 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I heard he and WON parted ways after the mutual = fund fell=20 flat on its face. I think he is still in the industry, but don't know = where.=20 Wasn't impressed with his performance running the fund, nor some of his = decision=20 making, so had no further interest in his performance.
 
----- Original Message -----=20
From: J. = Lobatto=20
Sent: Sunday, August 18, 2002 9:33 AM
Subject: [CANSLIM] David Ryan

Anyone know the whereabouts or = whatabouts of David=20 Ryan? I do recall that he and WON started a mutual fund several years = ago that=20 had mediocre performance and that was bought out by a fund family. Does = he still=20 manage money these days and if so, anyone aware of a track = record?
 
Jon
- ------=_NextPart_000_0116_01C2469B.1BFFF670-- - - - -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: Sun, 18 Aug 2002 09:45:54 -0400 From: "J. Lobatto" Subject: Re: [CANSLIM] David Ryan This is a multi-part message in MIME format. - ------=_NextPart_000_0049_01C2469C.0BE22E10 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Interesting that a guy who was apparently brilliantly successful earlier = failed miserably as a fund manager. Do you think it was a result of = unfavorable market conditions or did he stray from CANSLIM, or was it = something else? ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 18, 2002 9:39 AM Subject: Re: [CANSLIM] David Ryan I heard he and WON parted ways after the mutual fund fell flat on its = face. I think he is still in the industry, but don't know where. Wasn't = impressed with his performance running the fund, nor some of his = decision making, so had no further interest in his performance. ----- Original Message -----=20 From: J. Lobatto=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 18, 2002 9:33 AM Subject: [CANSLIM] David Ryan Anyone know the whereabouts or whatabouts of David Ryan? I do recall = that he and WON started a mutual fund several years ago that had = mediocre performance and that was bought out by a fund family. Does he = still manage money these days and if so, anyone aware of a track record? Jon - ------=_NextPart_000_0049_01C2469C.0BE22E10 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
Interesting that a guy who was = apparently=20 brilliantly successful earlier failed miserably as a fund manager. Do = you think=20 it was a result of unfavorable market conditions or did he stray from = CANSLIM,=20 or was it something else?
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Sunday, August 18, 2002 = 9:39=20 AM
Subject: Re: [CANSLIM] David = Ryan

I heard he and WON parted ways after the = mutual fund=20 fell flat on its face. I think he is still in the industry, but don't = know=20 where. Wasn't impressed with his performance running the fund, nor = some of his=20 decision making, so had no further interest in his = performance.
 
----- Original Message -----=20
From: J. = Lobatto=20
Sent: Sunday, August 18, 2002 9:33 AM
Subject: [CANSLIM] David Ryan

Anyone know the whereabouts or = whatabouts of=20 David Ryan? I do recall that he and WON started a mutual fund several = years=20 ago that had mediocre performance and that was bought out by a fund = family.=20 Does he still manage money these days and if so, anyone aware of a = track=20 record?
 
Jon
- ------=_NextPart_000_0049_01C2469C.0BE22E10-- - - - -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 #2821 ****************************** 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.